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2 mins read
US stocks rise in choppy session as investors see smaller rate hikes after cooler December inflation
A topsy-turvy day for stocks focused on inflation data resulted in the S&P 500 and the Nasdaq Compo…
Carla Mozée
3 mins read
There isn't a shortage of truck drivers they just don't want to drive for mega carriers anymore
Truck drivers are ditching mega carriers in favor of short-haul journeys at smaller carriers or as …
Grace Dean
2 mins read
Even Guy Fieri has had to deal with the labor shortage and inflation
Restaurants are feeling the squeeze after inflation reached its highest levels since 1982 in Decemb…
Mary Meisenzahl
2 mins read
Fast food is way more expensive than it was pre-pandemic
Costs for staple ingredients like chicken breasts, eggs, and pork have skyrocketed.
Mary Meisenzahl
5 mins read
Americans want holiday work, but big retailers like Macy's are cutting back hiring plans amid inflation and recession fears
Retailers usually hire thousands of people to help out during the holidays, but this year, inflatio…
Madison Hoff
2 mins read
Forget about inflation hitting your wallet unless you're rich. The stuff wealthy people buy just got more expensive, a Harvard study shows.
Worried about inflation? The data show prices for stuff like travel and dining out have gone up fas…
Andy Kiersz,Dominick Reuter
2 mins read
The pandemic ended the daily commute
BLS data shows that a third of Americans didn't travel anywhere on an average day in 2020, and time…
Andy Kiersz,Madison Hoff
2 mins read
Treasury Secretary Yellen says the stimulus bill will get the economy back on track 'quickly,' with near full employment next year
"I am hopeful that if we defeat the pandemic, that we can have the economy back near full employmen…
Rebecca Ungarino
2 mins read
US stocks closed mixed as traders weigh China tensions against positive July jobs report
Tensions are escalating after the US placed sanctions on China and President Donald Trump issued ex…
Ben Winck
3 mins read
US stocks decline as Trump order targeting Chinese apps overshadows optimistic jobs report
The US added 1.8 million jobs in July, beating economists' 1.5 million estimate. The unemployment r…
Ben Winck
1 min read
One ugly part of the US economy continues to bleed jobs
Notably, "mining" includes the oil industry and, more specifically, the oil drillers. Given that oi…
8 mins read
3 freelancers who make 6 figures reveal exactly how they grew their earnings in 2019, and how they plan to continue to push their income skyward in 2020
In 2020, she hopes to earn even more by cultivating multiple high-quality "anchor clients" - these …
Mary Kearl
2 mins read
DEUTSCHE BANK: America's 'energy shock' is over
The US oil rig count has been steadily ticking higher in recent weeks following the slight oil pric…
1 min read
There's only one part of the US economy losing jobs
Notably, "mining" includes the oil industry - and more specifically, the oil drillers. Over the las…
3 mins read
STOCKS GO NOWHERE: Here's what you need to know
New York City's co-op and condo sales market has slowed somewhat since the beginning of the year, w…
Myles Udland
6 mins read
Here's Your Complete Preview Of This Week's Big Economic Events
"Second, the latest Investors Intelligence poll showed the bull camp has swelled to 56.4% from 52.5…
Sam Ro
5 mins read
Here's how Rachel Premack keeps tabs on the sprawling US trucking industry and chases down scoops from on-the-move drivers
But I didn't really think about trucking as full-fledged beat until I joined BI in the spring of 20…
Olivia Oran
2 mins read
A Whole New Inflationary Threat Is On The Horizon...
"Perhaps it is just the result of heightened geopolitical pressures and could prove temporary. Then…
Matthew Boesler
2 mins read
Stocks Are Up Again
Shares of fragrance maker Elizabeth Arden were down as much as 24% after reporting sales that widel…
Myles Udland
3 mins read
10 Things You Need To Know Before The Opening Bell
ADP. At 8:15 a.m. we get the ADP employment report for April. Consensus is for a reading of 210,000…