Thomas Barwick | DigitalVision | Getty Images Big-name tech firms like Amazon, Google, Meta and Microsoft are undergoing mass layoffs, but job prospects for applicants in the broader tech ecosystem ar...
Tag: United States
Southwest CEO maps out a recovery after holiday meltdown
Travelers at Baltimore Washington International airport deal with the impact of Southwest Airlines canceling more than 12,000 flights around the Christmas holiday weekend across the country and in Bal...
Tesla’s price cuts could spur an EV pricing war
A Tesla showroom is seen in the City Center shopping center on January 17, 2023 in Washington, DC. Anna Moneymaker | Getty Images DETROIT — Tesla vehicles in the U.S. are seeing significant price cuts...
First Rocket Lab U.S. launch is a success after NASA delays
The company’s Electron rocket lifts off from LC-2 at NASA’s Wallops Flight Facility in Virginia on Jan. 24, 2023. Brady Kenniston / Rocket Lab Rocket Lab‘s first U.S. launch got off ...
Inflation is cooling, but high prices will stick around
A shopper checks out the egg section at the Publix at Winter Park Village, Tuesday, Jan. 17, 2023. Joe Burbank | Orlando Sentinel | Tribune News Service | Getty Images Inflation may be cooling. But, f...
Tommy Paul Outduels Ben Shelton To Become 1st American Semifinalist At Australian Open In 14 Years
Tommy Paul of the U.S. plays a forehand return to compatriot Ben Shelton during their quarterfinal … [+] match at the Australian Open tennis championship in Melbourne, Australia, Wednesday, Jan....
High egg prices due to a ‘collusive scheme’ by suppliers, group claims
Eggs for sale at elevated prices in New York on Jan 21, 2023. Fatih Aktas/Anadolu Agency via Getty Images) Egg prices soared to historically high levels in 2022 — and one group is alleging the trend i...
The Ukrainian Army’s Fast, Lightly-Armed Stryker Vehicles Are Best At Fighting In Cities
U.S. Army Strykers train in Hawaii in 2012. U.S. Army photo The 90 Stryker armored vehicles the United States has pledged to Ukraine could constitute the main equipment of an entire brigade. That brig...
Philip Esformes, whose prison sentence Trump commuted, loses appeal
Philanthropist Philip Esformes attends the 15th annual Harold & Carole Pump Foundation gala at the Hyatt Regency Century Plaza on August 7, 2015 in Century City, California. Tiffany Rose | Getty I...
GM investing in new V-8 gas engines, EV components
Line workers work on the chassis of full-size General Motors pickup trucks at the Flint Assembly plant on June 12, 2019 in Flint, Michigan. JEFF KOWALSKY / AFP / Getty Images FLINT, Mich. — General Mo...
The U.S. Hit Its Debt Limit — What Now?
U.S. dollars (Photo by LUIS ROBAYO/AFP via Getty Images) AFP via Getty Images The United States on Thursday hit its debt ceiling, the cap on how much money the government can borrow to pay its financi...
Dimon says Congress shouldn’t play games with U.S. creditworthiness
Jamie Dimon, President, CEO & Chairman of JP Morgan Chase, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 19th, 2023. Adam Galica | CNBC JPMorgan Chase CEO Jamie Dimon said Thurs...
Davos elites see a major risk ahead for markets with looming U.S. debt standoff
DAVOS, Switzerland – The finance and tech CEOs gathering at the World Economic Forum this week expressed measured optimism about the economy in 2023 — but at least one major risk looms for markets, th...
How The Defense Industry Became A Defining Feature Of The U.S. Economy
A hundred years ago, the United States did not have a defense industry. At least, not in the sense that term is used today. Companies like Dupont and Bethlehem Steel that had benefited handsomely from...
Gun companies report declining demand for firearms
A selection of AR-15-style rifles hangs on a wall at R-Guns store on Jan. 11, 2023, in Carpentersville, Illinois, a day after the state ban. Armando L. Sanchez | Tribune News Service | Getty Images Th...
Party City files for bankruptcy to restructure piling debt
A shopper exits a Party City Holdco Inc. store in New York, U.S., on Wednesday, Nov. 7, 2018. Party City Holdco released earnings figures on November 8. Bloomberg Party City and some of its U.S. units...
FTX says $415 million of crypto was hacked
FTX logo displayed on a phone screen is seen through the broken glass in this illustration photo taken in Krakow, Poland on November 14, 2022. Jakub Porzycki/NurPhoto via Getty Images Bankrupt crypto ...
Fake billionaire Justin Costello could plead guilty in fraud case
A former fugitive accused of falsely telling investors he was a billionaire, a Harvard MBA, and a special forces veteran appears set to plead guilty on Wednesday in connection with an alleged $35 mill...
Fed directs big banks to disclose how they are preparing for climate change risks
The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022. ...
Defending Democracy And Liberty In The Face Of China’s Challenge
In today’s Xinjiang, the Uighur minority is straitjacketed by surveillance and mass detentions. … [+] (Photo by GREG BAKER / AFP) (Photo by GREG BAKER/AFP via Getty Images) AFP via Getty I...
Shift to low-carbon economy will happen, but too late: John Kerry
John Kerry photographed at the World Economic Forum in Davos, Switzerland, on January 17, 2023. Fabrice Coffrini | AFP | Getty Images The world will eventually move to a low-carbon economy, but it may...
Food fraud secretly infiltrates America. Here’s how you can avoid it
The food in your kitchen cabinets may not be what it seems. “I guarantee you any time a product can be passed off as something more expensive, it will be. It’s that simple,” Larry Ol...
10 auto industry predictions for 2023
A customer looks at a vehicle at a BMW dealership in Mountain View, California, on Dec. 14, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT — Wall Street and industry analysts remain on hig...
Ukrainian MiGs Firing Radar-Fuzed Rockets—Just The Thing For Shooting Down Russian Drones
A USAF F-94C fires air-to-air rockets. U.S. Air Force photo The United States has pledged to Ukraine a consignment of Zuni unguided rockets. There are two ways the Ukrainians could use them—firing the...
Stevie Wonder’s Song For Dr. Martin Luther King Jr. Netted A Holiday And An American Musical Hit
WASHINGTON – OCTOBER 16: Grammy nominated recording artist Ledisi pauses while singing with Stevie … [+] Wonder during a dedication ceremony at the Martin Luther King Memorial on the Natio...
Why inflation hit these 10 items hardest in 2022
David Paul Morris/Bloomberg via Getty Images Inflation popped in 2022 to a level unseen in four decades. But prices ballooned more rapidly for certain items than others, largely concentrated among foo...
Advanced Microchip Production Relies On Taiwan
Semiconductor fabrication lays the foundation for microchip production and therefore helps to make our world go round in many ways, as chips do not only power computers, smartphones and other consumer...
Nelson Peltz, Trian won’t pursue Wendy’s takeover
David Paul Morris | Bloomberg | Getty Images Nelson Peltz isn’t interested in acquiring Wendy’s, according to a regulatory filing made on Friday. Peltz serves as non-executive chair on the...