Biden takes credit for Target grocery price cuts: ‘They’re answering the call’
President Joe Biden took a victory lap after Target announced it was lowering prices on groceries and other items —…
How Biden is winning over corporate America behind closed doors
President Joe Biden has had it out for corporate America for much of his term. Over the past three years,…
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat…
Biden raises tariffs on $18 billion of Chinese imports: EVs, solar panels, batteries and more
The Biden administration announced stiff new tariff rates Tuesday on $18 billion worth of Chinese imports. The White House said…
U.S. orders Chinese-backed crypto miner to sell land near nuclear missile base
U.S. President Joe Biden issued an order on Monday forcing a Chinese-backed cryptocurrency mining company to sell land near a Wyoming…
The U.S. is now Germany’s biggest trading partner — taking over from China
After years of China being Germany’s main trading partner, the U.S. looks like it’s quietly taking that top spot as…
Immigrant workers are helping boost the U.S. labor market
The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age…
Jobless rates rise in April for all racial groups except Black Americans
The unemployment rate for Black Americans fell in April, bucking the overall trend, according to data released Friday by the…
UK to suffer slowest growth of all rich nations next year, OECD says
The U.K.’s “sluggish” growth prospects have put it on course to be the worst-performing economy of all advanced nations next…
Why hundreds of U.S. banks may be at risk of failure
Hundreds of small and regional banks across the U.S. are feeling stressed. “You could see some banks either fail or…
