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Economy

Economy

jobs

US economy added 172K jobs in May, far exceeding Wall Street expectations

By Joseph Weber

Economy

Image
SpaceX

SpaceX plans to raise $75 billion in its IPO, which could make Elon Musk world's first trillionaire

A $1.77 trillion valuation of SpaceX would boost Musk's worth to an estimated $1.05 trillion.

Economy

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port

Trump administration invokes human rights in latest bid to restore ‘Liberation Day’ tariffs

The U.S. Trade Representative is proposing a new baseline 10% tariff on U.S. trading partners who are not doing enough to combat the importation of goods made using forced labor.

Economy

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Money

U.S. chief executives express declining optimism in U.S. economy, survey shows

Almost a third — 31% — said they expect to reduce their workforce, up from 27% in the first quarter. Of those surveyed, 40% expect no changes.

Rail talks believed to be sign of larger threat in labor shortage

Facebook parent Meta lays off 11,000 employees

Snapchat will recall workers to office in 2023

Mortgage rates are on the rise again

UBS agrees to buy Credit Suisse

SAG-AFTRA members on strike in New York City

Phillip Patrick: Bidenomics gave America 40-year high inflation and record cost of living increases

Vance Ginn says jobs report shows decline in full-time employment, growth in government jobs

Economist Stephen Moore says economy looks to be in “big trouble” from Biden’s policies

Pharmacies face ADHD drug shortages

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