Business
Foreign-born employment remains near last month’s high
October 5, 2024
Foreign-born employment remains near last month’s high
The number of foreign-born workers declined slightly in September from a month ago, though employment among foreign-born workers remains near the…
September jobs report: Which industries hired the most workers?
October 5, 2024
September jobs report: Which industries hired the most workers?
Job growth accelerated in September at a faster rate than economists expected, buoyed by particularly strong growth in the food…
Ryan Serhant warns Florida’s insurance mess is ‘one of the greatest crises people will see’
October 5, 2024
Ryan Serhant warns Florida’s insurance mess is ‘one of the greatest crises people will see’
Florida is no stranger to hurricanes and their costly impacts. But the rising cost of home insurance seemingly keeps rising,…
Larry Summers says jobs report shows Fed’s half-point rate cut was ‘a mistake’
October 4, 2024
Larry Summers says jobs report shows Fed’s half-point rate cut was ‘a mistake’
Former U.S. Treasury Secretary Larry Summers says September’s better-than-expected jobs report shows the Federal Reserve’s half-point rate cut was “a…
Mark Zuckerberg passes Jeff Bezos as world’s second-richest person
October 4, 2024
Mark Zuckerberg passes Jeff Bezos as world’s second-richest person
Mark Zuckerberg is now the second-wealthiest person in the world, surpassing Amazon founder Jeff Bezos, as the Meta CEO’s personal…
Spirit Airlines stock plummets on report of potential bankruptcy filing
October 4, 2024
Spirit Airlines stock plummets on report of potential bankruptcy filing
Spirit Airlines shares are sharply lower on Friday after The Wall Street Journal reported that the ultra-low-cost carrier is engaging…
Kevin O’Leary addresses ‘the trouble’ with US ports and union automation concerns
October 4, 2024
Kevin O’Leary addresses ‘the trouble’ with US ports and union automation concerns
As East and Gulf Coast ports begin to operate as normal again, one of the country’s top entrepreneurs is weighing…
AI will tamp down inflation, provide greater ‘social safety net,’ Silicon Valley businessman says
October 4, 2024
AI will tamp down inflation, provide greater ‘social safety net,’ Silicon Valley businessman says
A prominent Silicon Valley businessman and venture capitalist believes artificial intelligence can spur deflation and create enough growth to help…
New federal judge blocks student loan handout day after Biden’s court win
October 4, 2024
New federal judge blocks student loan handout day after Biden’s court win
A federal judge in Missouri on Thursday temporarily blocked President Biden’s student loan handout just one day after a judge…
US economy added 254,000 jobs in September, well above expectations
October 4, 2024
US economy added 254,000 jobs in September, well above expectations
U.S. job growth picked up in September, beating economists’ expectations, while the unemployment rate was little changed. The Labor Department…