In the face of record inflation and rising gas prices, President Joe Biden will likely again turn to the country's strategic oil reserve for relief. The president announced that he
Many top economists warn that the U.S. job market may be losing some steam due to recession fears. According to online surveys, Americans are applying for fewer jobs, but getting more
Robert Isom, CEO of American Airlines, stated Thursday that the airline offered pilots pay increases totaling almost 17% under a new contract. This was according to an internal video obtained
Charles Scharf, CEO of Wells Fargo, said that he believes in "more substantial rate hikes" because the Federal Reserve is trying to control high inflation and that the economy isn't
According to J.D., new vehicle quality fell by 11% in this year's first quarter due to parts shortages, shipping delays, and global trade disruptions. J.D. Power's 2022 Initial Quality Study. The top
Major American corporations were shocked to see fewer workers returning to work in spring as they began to openly welcome them back. Ford was one of those companies. They told reporters
Economists debate the possibility of a recession in the next year. The U.S. is stuck at a stagflation station. This economic crisis is characterized by high inflation and low growth. In the first
There are many reasons why home buyers have become frustrated with the housing market. The prices of homes are at an all-time high and there is no sign that they will
Corporate America faces many challenges. Friday's abortion precedent was overturned by the U.S. Supreme Court, creating new challenges for companies trying to navigate a country divided between states that allow and