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881. Why the stock market is channeling Goldilocks... (permalink)
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score: 2, Economy, 2022-12-02 15:06:32, published by CNN
The global economy is weakening and consumers are feeling financially stressed. Gas and heat prices are up significantly from last year and Federal Reserve Chair Jerome Powell indicated on Wednesday that painfully elevated interest rates will hang around for some time. [additional details]
882. US economy added a robust 263,000 jobs in November... (permalink)
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score: 2, Economy, 2022-12-02 14:06:07, published by CNN
Friday's closely watched jobs report is expected to show a slowdown in November, with just 200,000 positions added, according to economists polled by Refinitiv. [additional details]
883. The crypto disaster we should have seen coming... (permalink)
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score: 2, Economy, 2022-12-02 00:06:24, published by CNN
As investigators and authorities continue to sort through the fallout of the collapse of cryptocurrency exchange FTX, the contours of the implosion are becoming clearer. It will likely take many more months to disentangle the web of corporate greed and financial malfeasance at the heart of ... [additional details]
884. Biden and Macron indicate progress over electric vehicle subsidy... (permalink)
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score: 2, Economy, 2022-12-01 22:05:50, published by CNN
US President Joe Biden and French President Emmanuel Macron signaled progress on Thursday in a lingering impasse over the billions of dollars in electric vehicle subsidies included in the sweeping health care, tax and climate bill known as the Inflation Reduction Act that was passed over th... [additional details]
885. Yellen to Colbert: 'I practiced and I practiced' signature for... (permalink)
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score: 2, Economy, 2022-12-01 21:06:19, published by CNN
Sheets of dollar bills rolling off the presses at the Fort Worth Bureau of Engraving and Printing will soon bear the signature of US Treasury Secretary Janet Yellen. [additional details]
886. Family Dollar is a mess. It hopes lowering prices will help... (permalink)
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score: 2, Economy, 2022-12-01 15:06:13, published by CNN
Family Dollar has lost ground in the dollar store race for years. Now, the discount chain hopes lowering prices will help win back customers on tight budgets. [additional details]
887. America may dodge a crippling rail strike. Here's how we got here... (permalink)
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score: 2, Economy, 2022-12-01 01:06:04, published by CNN
A crippling freight railroad strike that threatened to upend the US economy now looks unlikely, as Congress votes on bills that would impose a contract on freight railroads and the unions that represent their workers. [additional details]
888. Amazon CEO explains thinking behind layoffs as unionized warehouse... (permalink)
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score: 2, Economy, 2022-11-30 22:06:22, published by CNN
Amazon CEO Andy Jassy on Wednesday said an "uncertain" economy pushed the e-commerce giant to move forward with rare and wide-ranging layoffs after having gone on a significant hiring spree for much of the pandemic. [additional details]
889. Fannie Mae, Freddie Mac will back mortgages of more than $1 million in... (permalink)
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score: 2, Economy, 2022-11-30 18:06:46, published by USA Today
The loan limit increase mirrors rising house prices, which went up 12% from September 2021 to September 2022, according to the agency.additional details]
890. Consumers are keeping the economy afloat... for now... (permalink)
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score: 2, Economy, 2022-11-30 15:06:17, published by CNN
American shoppers just keep on spending, lending vital support to the economy. The question is: How long will it last? ... [additional details]
891. The US economy's growth was stronger than expected in the third... (permalink)
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score: 2, Economy, 2022-11-30 15:06:13, published by CNN
The US economy grew much faster than expected in the third quarter, according to the latest gross domestic product report, which showed GDP rose by an annualized rate of 2.9%. [additional details]
892. China to punish internet users for 'liking' posts in crackdown... (permalink)
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score: 2, Economy, 2022-11-30 09:06:03, published by CNN
Internet users in China will soon be held liable for liking posts deemed illegal or harmful, sparking fears that the world's second largest economy plans to control social media like never before. [additional details]
893. Railway union organizer has a message for Biden... (permalink)
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score: 2, Economy, 2022-11-30 02:06:22, published by CNN
President Biden is urging Congress to do something to avert the rail strike that would devastate our economy by causing shortages, spiking prices and halting factory production. Matthew Weaver, an organizer and Ohio's legislative director for the third largest rail union in the US, joins CN... [additional details]
894. 'He's not stepping up': Union workers feel let down by 'pro-union'... (permalink)
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score: 2, Economy, 2022-11-30 01:06:49, published by USA Today
Ultimately, Biden decided he couldn't risk more damage to a delicate economy even if it disappoints his union allies.... [additional details]
895. Exclusive: Bank of America CEO says US consumers are keeping the... (permalink)
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score: 2, Economy, 2022-11-29 15:06:32, published by CNN
The CEO of one of the nation's largest banks is preparing for an economic downturn in 2023. But he's also hopeful that the likely recession will be brief and "mild."... [additional details]
896. China's security apparatus swings into action to smother Covid... (permalink)
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score: 2, Economy, 2022-11-29 15:06:07, published by CNN
• China's 'white paper' protests cause headaches for country's top stationery supplier • Beijing's top health officials deflect blame over zero-Covid problems • White House treads carefully as protests unfold in China as US tries to mend relations with Beijing • US and China in first S... [additional details]
897. What protests in China may mean for the economy ... (permalink)
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score: 2, Economy, 2022-11-29 14:06:26, published by CNN
Protests against China's prolonged and restrictive Covid regulations spread across the country over the weekend. The demonstrations against Chinese President Xi Jinping and his costly zero-Covid policy are an exceedingly rare case of widespread civil disobedience. [additional details]
898. Warnock and Walker court Kemp voters in final week of Georgia... (permalink)
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score: 2, Economy, 2022-11-29 13:06:04, published by CNN
With one week to go before Georgia's Senate runoff, heavy hitters and big dollars from both national parties are pouring into the state for a race that will determine the balance of power in the Democratic-controlled Senate next year. [additional details]
899. White House weighs in as China gripped by large-scale protests over Xi's... (permalink)
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score: 2, Economy, 2022-11-28 23:06:49, published by USA Today
Three years into the pandemic, China remains the only major economy pursuing a zero-COVID policy. It has led to widespread disaffection and protests.... [additional details]
900. EXCLUSIVE: After little progress on lending discrimination, a mortgage... (permalink)
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score: 2, Economy, 2022-11-28 21:48:50, published by USA Today
Mortgage fairness for Black Americans is no better today than it was thirty 30 years ago. For Native Americans, it is much worse.... [additional details]
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