The Labor Department’s internal watchdog on Wednesday announced an audit into the challenges faced by the Bureau of Labor Statistics (BLS) in collecting data for its inflation…
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U.S. drivers are expected to spend the smallest share of their disposable income on gasoline this year than in the past two decades, according to new…
Mortgage rates tumbled this week, posting the largest weekly drop in the past year, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market…
JPMorgan Chase CEO Jamie Dimon is urging caution about the outlook for the U.S. economy amid persistent uncertainty over the impact of tariffs as well as geopolitical…
Ford Motor Company said Tuesday it is recalling 1.9 million vehicles globally because of defective rearview cameras that may display inverted, distorted or blank images. The…
The number of critical “Do Not Drive” recalls jumped more than 65% since the summer of 2024, according to recent CARFAX data. In total, about 725,000…
Inflation rose in August and remained well above the Federal Reserve’s target rate as central bank policymakers weigh potential interest rate cuts at their meeting next…
An important player in the global semiconductor and artificial intelligence (AI) industries is praising the Trump administration’s plan to keep America ahead of its adversaries. “This…
Klarna CEO Sebastian Siemiatkowski said it was a “very special” moment after the company was given a $19.5 billion valuation after going public Wednesday Shares of the…
Shares of buy now, pay later company Klarna rose more than 30% on Wednesday after the company raised $1.37 billion in its long-awaited initial public offering.…