Hinterhaus Productions | Stone | Getty Images The “gap” between how much money men and women are paid has long been a feature of the U.S. economy. While that pay differential has narrowed ...
Tag: United States
Fuel is a problem for business and consumers — Why prices are so high
A sign displays gas prices at a gas station on May 10, 2022 in San Mateo County, California. Liu Guanguan | China News Service | Getty Images The surge in gasoline prices is impossible to miss and at ...
Flight bookings for leisure and business travel top 2019 levels
For the first time since the start of the pandemic, global leisure and business flights have risen to levels not seen since 2019. That’s according to the Mastercard Economics Institute’s t...
Here’s What You Need To Know About The Rare Virus Found In The U.S., U.K. And Europe
Topline Cases of monkeypox, a rare infection typically found in specific parts of Africa, have been confirmed in Europe, the U.K. and the U.S., while more than a dozen more are suspected and experts a...
U.S. Reopens Embassy In Kyiv After Months-Long Closure
Topline The United States on Wednesday reopened its embassy to Kyiv, according to the State Department, three months after the embassy moved its diplomatic operations to Poland due to Russia’s invasio...
EV battery costs set to spike as raw material shortages drags on
Attendees look at the all-electric Ford F-150 Lightning pickup truck at the Washington Auto Show in Washington on Tuesday, January 25, 2022. Bill Clark | CQ-Roll Call, Inc. | Getty Images The cost to ...
Roughly 150 Netflix Employees Laid Off After Subscriber Losses
Topline About 150 Netflix employees were laid off Tuesday, mostly in the United States, roughly a month after the streaming service reported a decrease in subscriber numbers for the first time in 10 y...
Argo AI robotaxis ditch human safety drivers in Miami and Austin
Argo AI begins driverless operations in Miami and Austin. Courtesy: Argo AI Robotaxi start-up Argo AI said Tuesday it has begun operating its autonomous test vehicles without human safety drivers in t...
U.S. Traffic Deaths Likely Jumped 10.5% Last Year To Highest Since 2005
Fatal Collision Sign Next To Scene Of Accident On Busy Road getty Traffic deaths in the United States surged in 2021 to their highest level in 16 years, according to a preliminary estimate released Tu...
U.S. traffic deaths hit 16-year high in 2021, DOT says
Investigators look over the scene of a crash between an SUV and a semi-truck full of gravel near Holtville, California on March 2, 2021. Patrick T. Fallon | AFP | Getty Images More people died on U.S....
Garage-door maker employees get cash reward in takeover as private equity tests ownership model
In the otherwise-sleepy town of Arthur, Illinois, this week brought a life-changing surprise for hundreds of workers at locally based garage-door maker, C.H.I. Overhead Doors. C.H.I.’s private...
Citigroup shares jump 7% after Warren Buffett reveals a near $3 billion stake in the struggling bank
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP The 91-year-old “Oracle of Omaha” scooped up Citi shares while they have been underperforming the rest of the financi...
Biden Administration Eases Trump-Era Cuba Restrictions
Topline The Biden Administration will add flights from the United States to Cuba, let U.S. residents send more money to Cubans and restore a program designed to help Cuban relatives of U.S. citizens d...
Stock futures are flat after S&P, Nasdaq start the week in the red
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 13, 2022. Brendan Mcdermid | Reuters U.S. stock index futures were flat during overnight trading on Monday,...
U.S. pilot shortage forces airlines to cut flights, scramble for solutions
Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia. Anna Moneymaker | Getty Images The United States is facing its worst pilot shorta...
Plant-based food stocks Beyond Meat, Oatly face a reset
In this photo illustration Oatly oat milk is shown on May 20, 2021 in Chicago, Illinois. Scott Olson | Getty Images Wall Street appears to be souring on plant-based substitutes. Shares of Beyond Meat ...
How Inflation Changed The Price Of A Hamburger [Infographic]
Consumers all around the United States are forced to save their dollars and count their pennies as high inflation is putting pressure on household budgets. U.S. inflation rose another 8.3% year-over-y...
Buy now, pay later is not a boom, it’s a bubble, Harvard fellow says
Most people love the convenience of buy now, pay later. Since the start of the coronavirus pandemic, installment payments have exploded in popularity along with a general surge in online shopping. Ini...
U.S. airline bookings dropped 17% in April, flights got even pricier
A Southwest Airlines aircraft taxis as an American Airlines aircraft lands at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. Joshua Roberts | Reuters U.S. airline bookings dro...
Voting On The Economy Or On Abortion? [Infographic]
In the last three election cycles, American voters have named the economy as their biggest concern. While the country is approaching the 2022 midterms, another topic—abortion—is vying for the attentio...
National average for gasoline hits record $4.37 a gallon
The prices for gas and diesel fuel, over $6.00 a gallon, are displayed at a petrol station in Los Angeles, March 2, 2022. Frederic J. Brown | AFP | Getty Images Gasoline prices surged to the highest l...
U.S. Targets Bank Execs And G7 Pledges To Cut Off Russian Oil
Topline Members of the Group of Seven committed Sunday to banning or phasing out Russian oil imports, and the United States will sanction three of Russia’s biggest TV channels and 35 Russian banking e...
Your new ‘retirement’ home could be a cruise ship
Jeff Farschman, 72, is a serial cruiser from Delaware who spends months at sea in retirement. Jeff Farschman For nearly two decades, Jeff Farschman, 72, has spent his golden years like many other adve...
Diesel fuel is in short supply as prices surge — Here’s what that means for inflation
The prices for gas and diesel fuel, over $6.00 a gallon, are displayed at a petrol station in Los Angeles, March 2, 2022. Frederic J. Brown | AFP | Getty Images Diesel prices are surging, contributing...
This Indian Nation Is Setting Up A Special Economic Zone For Crypto, Fintech, Blockchain On Native Land
There are over 500 casinos on Native American tribal lands in the United States, plus numerous other businesses that benefit from special regulation in special jurisdictions. Soon, that list of busine...
Used-car prices are down from record highs, easing the impact of inflation
A sign advertises cash paid for used cars in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images DETROIT – Wholesale used-vehicle prices have notably fallen from a record ...
F1 CEO sees TV rights opportunity with ESPN deal due to expire
Formula 1 is riding a wave of popularity in the U.S., and its CEO is shopping around its success with potential media partners for a more lucrative U.S. media deal. The racing league’s current d...
Lucid (LCID) earnings Q1 2022
CEO Peter Rawlinson poses at the Lucid Motors plant in Casa Grande, Arizona, U.S. September 28, 2021. Caitlin O’Hara | Reuters Electric luxury vehicle maker Lucid Group said Thursday it now has ...
U.S. Secretary of State Blinken tests positive for Covid
Secretary of State Antony Blinken testifies during the Senate Appropriations Subcommittee on State, Foreign Operations, and Related Programs hearing on Capitol Hill in Washington, DC, April 27, 2022, ...
Wealthy investors want to buy or hold stocks amid declines, survey says
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022. Brendan Mcdermid | Reuters Wealthy investors are more likely to add to their stock holdings or shi...