Stocks and bonds were buoyed after even inflation-focused Federal Reserve officials suggested that rates may stay steady.
The plan would put Yellow back on the road with thousands of unionized drivers, but would force the government to wait longer for a loan repayment.
Small businesses and risky borrowers face rising costs from the Federal Reserve’s moves, but the biggest companies have avoided taking a hit.
The law has effectively created a new marketplace that helps smaller companies gain access to funding, with banks taking a cut.
Consumer spending has been strong in 2023 despite higher prices and waning savings. But some retailers have jitters heading into Black Friday.
With OPEC Plus members in disarray over production levels, oil prices have fallen nearly 20 percent in three months.
Sociology researchers at Temple University interviewed 61 Philadelphia baristas who work in gentrifying neighborhoods. Maskot/Getty ImagesBaristas who work in specialty coffee shops, along with hipsters more generally, have been referred to as the “shock troops” of urban gentrification – and it’s no different in Philadelphia.
A battery plant in Michigan will be smaller than planned, Ford said, citing slower E.V. demand than expected, as well as labor costs.
Minutes from the Federal Reserve’s early November meeting suggested another rate increase remained possible, but officials were in no hurry.