All smiles as Fed Chair Jay Powell signals he's confident he's winning the inflation fight. AP Photo/Ben CurtisIn a widely anticipated move, the Federal Reserve announced on Sept.
Fed officials kicked off rate cuts with a half-point reduction, confident that inflation is cooling and eager to keep the job market strong.
Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race.
The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the machinists’ union.
He has suggested that presidents should “have a say” on interest rates, though he later walked the comment back.
For corporate America, this week’s expected interest rate cut carries risks along with rewards.
The burden of supporting asylum-seekers with food and housing often falls to cities, creating severe budget crunches. But Denver is piloting a new approach designed to integrate immigrants into the workforce faster.
Efforts by the Beijing-backed Semiconductor Manufacturing International Corporation, or SMIC, to break through innovation barriers have landed it in a geopolitical tech battle.
Corporate consolidation and technology have upended many jobs in recent decades. But few arcs are more surprising than that of the Hollywood producer.
Running a dairy farm isn't easy, especially when the costs of production rise faster than income. AP Photo/Charlie NeibergallMilton Orr looked across the rolling hills in northeast Tennessee. “I remember when we had over 1,000 dairy farms in this county. Now we have less than 40,” Orr, an agriculture adviser for Greene County, Tennessee, told me with a tinge of sadness.
