economy – Page 4

3 Minutes

US Congress’ wild 2023: McCarthy and Santos ousted; flirtation with economic disaster

ustowner-011 2023-12-28 04:04

WASHINGTON, Dec 27 (Reuters) – There was plenty of sound and fury this year in the U.S. Congress, but scant legislating amid Republican infighting in[……] ....

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2 Minutes

Nike to axe hundreds of jobs in bid to save $2bn amid sales slump

ustowner-011 2023-12-28 03:57

Nike is to cut hundreds of jobs, simplify its product ranges and increase its use of automation as part of attempts to save $2bn (£1.6bn) in costs ove[……] ....

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2 Minutes

Dollar struggles to gain footing in thin trade; yen steady

ustowner-011 2023-12-25 21:29

SINGAPORE, Dec 26 (Reuters) – The dollar was trying to find a floor on Tuesday in holiday-thinned trade, pressured by signs that inflation in the worl[……] ....

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3 Minutes

US Economic Gloom Giving Americans the ‘Bidenomics’ Blues

ustowner-011 2023-12-20 01:46

Seventy-eight percent of Americans say the economy is in bad shape, while two-thirds believe the situation won’t improve in the near future, according[……] ....

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4 Minutes

Biden Bankrolling Ukraine Fuels Bloodshed, Blunts US Economy

ustowner-011 2023-12-14 03:42

During Volodymyr Zelensky’s Washington DC tour, US President Joe Biden said he had signed another $200 million drawdown from the Pentagon for Kiev byp[……] ....

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4 Minutes

Millions of parents and young kids could be denied food aid next year without funding boost, report warns

ustowner-011 2023-12-13 02:11

Unless Congress acts by Jan. 19, the WIC program could be short $1 billion in 2024 due to higher demand and pricey groceries, the Center for Budget an[……] ....

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9 Minutes

Why Americans are going hungry despite a strong economy

ustowner-011 2023-12-12 01:40

Jennifer Estrada is making more money than ever yet struggling just as much to feed her family. For the past year, Estrada has been working 12-hour[……] ....

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1 Minute

Americans running out of savings – JPMorgan

ustowner-011 2023-12-11 02:47

Most Americans have already drained the excess savings they made during the Covid-19 pandemic, Marko Kolanovic, a senior stock strategist at JPMorgan[……] ....

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5 Minutes

More Than 2,500 NYPD Have Left Department in 2023

ustowner-011 2023-11-27 02:41

The exodus combined with recruiting struggles comes as embattled New York City Mayor Eric Adams announced city-wide budget cuts, including a $132 mill[……] ....

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