Nov 28 Biden calls on Congress to block potential railroad strike By Josh Funk, Associated Press President Joe Biden is calling on Congress to pass legislation to intervene and block a railroad strike before next month's deadline in the stalled contract talks. Continue reading
Nov 28 Inflation in Europe likely to increase, more interest rate hikes likely, warns central bank president By Associated Press The head of the European Central Bank says she doesn't believe inflation has peaked after reaching the highest levels on record. Continue reading
Nov 28 Business groups pressure Congress to block potential rail strike By Josh Funk, Associated Press Business groups are increasing the pressure on lawmakers to intervene and block a railroad strike before next month's deadline in the stalled contract talks. Continue reading
Nov 25 Watch 5:53 What the proposed Kroger and Albertsons merger could mean for shoppers and food prices By John Yang Two of the nation’s largest grocers are looking to become one, new supermarket giant. Kroger wants to buy Albertsons in a nearly $25 billion deal to compete with retailers like Walmart, the top U.S. grocery seller, and Amazon, which is… Continue watching
Nov 25 Inflation weighs on Black Friday shoppers By Anne D'Innocenzio, Haleluya Hadero, Alexandra Olson, Associated Press Shoppers eager to start holiday shopping but weighed down by inflation are hunting for the best deals at stores and online this Black Friday. Continue reading
Nov 24 Watch 7:09 Inflation casts a shadow over Thanksgiving as food banks struggle to meet demand By William Brangham, Karina Cuevas This Thanksgiving, as many sit down with friends and family at tables overstuffed with food, there are millions of Americans who aren’t as fortunate. The holiday is a reminder of the stark reality of what’s called food insecurity. It’s widespread… Continue watching
Nov 24 Watch 8:03 AOL founder Steve Case on the surprising entrepreneurs reimagining the economic landscape Steve Case is best known for his role as a co-founder and the former CEO of America Online, the trailblazing internet company that made the world wide web more accessible to everyday Americans. Now he's putting his entrepreneurial skills to… Continue watching
Nov 23 Average long-term U.S. mortgage rate lowers to 6.58 percent By Alex Veiga, Associated Press The average long-term U.S. mortgage rate edged lower for the second time in as many weeks, though it remains more than double what it was a year ago — a significant hurdle for many would-be homebuyers. Continue reading
Nov 23 U.S. to detain Dominican sugar import amid accusations of forced labor By Dánica Coto, Associated Press The U.S. government says it will detain all imports of sugar and related products made in the Dominican Republic by the country's largest sugar producer amid allegations that it uses forced labor. Continue reading
Nov 23 U.S. unemployment claims reach highest point since August, remain relatively low By Paul Wiseman, Associated Press The number of Americans applying for unemployment benefits rose to the highest level since August but still remained low by historic standards. Continue reading