June 13, 2024, 8:20am Business
The number of Americans filing for jobless benefits jumped to the highest level in 10 months last week, another possible sign that the labor market is loosening under the weight of high interest rates. Read story
June 12, 2024, 4:49pm Business
A group of 32 senators say federal mediators should speed up labor negotiations between airlines and their flight attendants and other workers, even granting them permission to go on strike “as necessary.” Read story
June 12, 2024, 1:55pm Business
U.S. stocks climbed Wednesday following a surprisingly encouraging update on inflation and a reassurance that the Federal Reserve still sees a cut to interest rates as likely this year. Read story
June 12, 2024, 12:10pm Business
Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this year. Read story
June 12, 2024, 8:12am Business
Just before 2 a.m. on a chilly April night in Seattle, a Chevrolet Silverado pickup stopped at an electric vehicle charging station on the edge of a shopping center parking lot. Read story
June 12, 2024, 8:12am Business
Joey “Jaws” Chestnut, the reigning champion of the Nathan’s Famous Fourth of July hot dog eating contest, will not participate in this year’s event after signing a deal with a rival brand, organizers said Tuesday. Read story
June 12, 2024, 8:11am Business
Sinclair, the nation’s largest owner of local television stations, is open to selling any assets in its portfolio at the right price, the media company’s CEO said Tuesday in response to reports of potential sales. Read story
June 12, 2024, 8:10am Business
Authorities anticipate commercial shipping traffic through the Port of Baltimore will soon return to normal levels since the channel fully reopened earlier this week for the first time since the Francis Scott Key Bridge collapse. Read story