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July 7, 2022

What is the strategic petroleum reserve? Biden hopes it can bring down high gas prices

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

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Financial
July 6, 2022

What slowdown? Job seekers juggle multiple offers, snag higher pay

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

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Financial
July 1, 2022

American Airlines offers pilots nearly 17% raises in new contract proposal

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

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Financial
June 30, 2022

The economy still isn’t ready for the significant rate hikes ahead, Wells Fargo CEO says

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

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Financial
June 29, 2022

New car quality declined sharply this year with supply chain problems

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

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Financial
June 28, 2022

Only 20% of U.S. workers in office three days or more

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

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Financial
June 27, 2022

Recession may not be here yet — but stagflation is

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

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Financial
June 26, 2022

In today’s housing market, is there still such thing as a bargain?

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

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Financial
June 25, 2022

Roe v. Wade’s demise forces companies to grapple with health care plans, employee privacy and more

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

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