Retail
Starbucks workers expand strike, closing nearly 60 stores in several US cities
Starbucks workers have expanded their strike to more cities and closed 59 stores across the U.S. as of Monday, the union said amid stalled negotiations.
In-person shopping makes a comeback amid record-spending holiday season
The National Retail Federation predicts nearly half of all shoppers will head to department and discount stores to knock out their shopping lists this holiday season.
Nissan, Honda announce plans to consider merger
Nissan and Honda agreed to consider a merger and set up a joint holding company, which would create the world's third-largest automaker.
Nationwide Amazon strike expands to Staten Island warehouse workers: 'Will not be stopped'
Workers at an Amazon warehouse on Staten Island in New York will join thousands of others as the strike against the retail giant continues.
Labor force participation among US-born American men has plunged amid soaring immigration: analysis
U.S. workforce participation among native-born Americans has been plummeting for decades amid rising immigration, according to a new report that sounds the alarm on the issue.
In-person work has reached a ‘new plateau,’ economic expert says
Cushman & Wakefield Inc. Chairman of Global Brokerage Bruce Mosler weighs in on the in-person office push happening in New York City.
Fed’s preferred inflation gauge in November was lower than expected, but remains elevated
The Fed's preferred inflation measure for November, the PCE index, came in below Wall Street estimates. However, it remains above where policymakers want it to be suggesting prices are still stubbornly high.
National Debt Tracker: American taxpayers (you) are now on the hook for $36,167,604,149,955.61 as of 12/19/24
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Teamsters union launches historic nationwide strike against Amazon: 'Paying the price'
Amazon workers associated with the Teamsters union are walking off the job at seven facilities across the country in a historic strike against the trillion-dollar company.
Mortgage rates rise, hitting demand
Mortgage rates rose this week with the average 30-year fixed-rate note climbing to 6.72%, dinging demand as overall mortgage applications decreased due to a drop in refinances.