Browsing: Economy

U.S. job growth came in stronger than expected in April, boosted by a flurry of hiring across different sectors of the economy.  Employers added 253,000 jobs…

By Manya Saini (Reuters) – PayPal Holdings Inc (NASDAQ:) on Monday cut its outlook for annual adjusted operating margin, overshadowing its profit forecast raise, sending shares…

President Joe Biden rolled out a plan on Monday that targets how airlines handle flight cancellations and significant delays that are within a carrier’s control. Biden…

The Department of Transportation announced Monday its plans for a new rulemaking process requiring airlines to compensate passengers whose flights were delayed or canceled. The proposal…

By Chavi Mehta (Reuters) -Palantir Technologies said on Monday it expects to turn a profit every quarter in 2023, betting on interest “unlike anything we have…

A divided Washington is making a little progress toward raising the debt ceiling and avoiding a U.S. default, but the endgame still isn’t clear. As a…

The U.S. Chamber of Commerce said Thursday a small business in America could win a sizable monetary prize as part of an awards program it is…

By David Morgan WASHINGTON (Reuters) – President Joe Biden and top Republicans and Democrats from Congress are set to sit down this week to try to…

One of the biggest near-term risks to financial stability in the U.S. would be further interest-rate hikes, according to a semiannual Federal Reserve report on financial…

Americans are bracing for higher inflation over the next few years even as they anticipate a drop in consumer prices over the short term, according to…