It really might be different this time as the Fed puzzles over why high rates aren’t hitting the economy harder
More than two years into the most aggressive Federal Reserve monetary tightening in four decades, the big surprise is that the world hasn’t fallen over.
Porsche and Ferrari sales slump in China as car buyers flock to EVs instead
Luxury car sales plummeted in China as consumers face increased pressure from a lagging economy, turning their heads to lower-cost EVs instead. Deliveries for luxury
Outdoor Voices acquired by Consortium Brand Partners following store closures and layoffs
Activewear brand Outdoor Voices, the direct-to-consumer darling that shuttered all 16 of its retail stores in March, has been acquired by private equity firm Consortium
Labor Department investigation finds Hyundai and suppliers had 13-year-olds working 50-hour weeks on the assembly line
The U.S. Department of Labor wants a federal judge to prevent Hyundai and two other Alabama companies from what the government contends is the illegal
Fed official Neel Kashkari: U.S. indecision on rate cuts a ‘luxury’ thanks to strong labor market
Federal Reserve official Neel Kashkari yet again reiterated the Fed’s wait-and-see approach about possible rate cuts, which he has already called unlikely. On Tuesday, in
Memorial Day weekend airport rush sets new record, with a blockbuster summer travel season expected
A record was broken ahead of the Memorial Day weekendfor the number of airline travelers screened at U.S. airports, the Transportation Security Administration said Saturday. More
How bad will Memorial Day traffic be? Projected 44 million
Summer’s unofficial start is going to mean crowded roads and airports in 2024. AAA predicts nearly 44 million people will be on the road this
Iranian President Ebrahim Raisi is missing after his helicopter crashes
Rescue teams are trying to locate Iranian President Ebrahim Raisi after his helicopter was forced into an emergency landing on his way back from a
‘One Chip Challenge’ led in part to high school sophomore’s death, autopsy found
A Massachusetts teen who participated in a spicy tortilla chip challenge on social media died from eating a large quantity of chili pepper extract and also had