Economy
Image
Annual inflation rate reaches 2.6% in October, up 0.2% from previous month, feds
The increase was in line with Wall Street expectations
Image
Small businesses continue to struggle with labor
Quality of employees those small businesses do find is also a significant issue, according to the recently released Jobs Report from the National Federation of Small Business.
Image
U.S. borrowed $255 billion in first month of fiscal year 2025: CBO
"There’s a fiscal storm on the horizon," says Maya MacGuineas, president of the Committee for a Responsible Federal Budget.
Image
Harris floats forgivable $20K loans to black entrepreneurs
The plan would see her offer up to 1 million loans of up to $20,000 through government partnerships with private lenders, CNBC reported.
Image
Walgreens planning to close 1,200 stores over next 3 years
The company has been struggling as a result of online competition and decreasing prescription drug payments.
Image
Tom Donohue, longtime CEO of U.S. Chamber of Commerce, dies at 86
Donohue was the leader of the U.S. Chamber of Commerce for more than 20 years.
Image
Boeing to cut 17,000 jobs over the coming months, reducing workforce by 10%
The workforce reduction is expected to equal a loss of 17,000 jobs, based on the company's workforce numbers last December. Other changes include delaying the 777X program until 2026, and ending the 767 freighter program in 2027.
Image
Jobless claims highest since August 2023, new data shows
Filings for unemployment benefits went up to 258,000 for the week ending Oct. 5, which represents the most claims since Aug. 5, 2023, the Bureau of Labor Statistics reported.
Image
New rule could cost small businesses $73.1B over 10 years
NFIB is seeking to stop the reporting requirements in the Corporate Transparency Act from implementation on Jan. 1.
Image
Trump campaign knocks Harris economy as unemployment remains above 4%
In August of this year, the federal government revised its jobs growth numbers, slashing more than 800,000 jobs from its figures from April 2023 to March 2024.
Image
You Vote: How concerned are you about the port strike?
Vote now in the poll below.
Image
Former RNC political director creates tool for voters to see cost of living changes over the years
"Survey after survey after survey shows that swing voters in swing states care about household affordability," Gentry Collins said.
Image
Biden infrastructure law gave billions to upgrade ports, now striking unions want to stop automation
The discrepancy between the priorities of Biden’s infrastructure spending and his support for the labor union leading the strikes raises concerns about the benefits of pouring money into infrastructure while real upgrades are being blocked by union allies.