Trade has become an increasingly important part of the U.S. economy over the past several decades, rising from 10.8% of the nation’s GDP in 1970 to 23.4% as of 2020. America’s ports serve as the foundation of the country’s growing international trade sector, handling over 95% of all cargo entering […]

Asian stocks ended mixed on Monday as the Russia-Ukraine war dragged on and investors awaited the outcome of the Federal Reserve’s policy meeting this week for clues about further interest rate hikes and policy tightening for the rest of the year. Chinese and Hong Kong markets succumbed to heavy selling […]

For several months at the outbreak of Covid-19, U.S. employees felt strongly that their organization cared about their wellbeing, but two years later, that feeling has dwindled to just one fourth of the same workforce, according to a new survey released by Gallup. This is the lowest percentage in nearly […]

SAG-AFTRA is praising the passage Friday of the CROWN Act in the U.S. House of Representatives. The Creating a Respectful and Open World for Natural Hair Act, HR 2116, would prohibit discrimination in education and employment based on a person’s texture or style of hair. Several states, including California and […]

New York (CNN Business)Let the battle over $1 prices begin. Last year, Dollar Tree (DLTR) announced it was walking away from $1 prices and raising prices on most products to $1.25. With Dollar Tree abandoning $1 prices, its main rival Dollar General (DG) sees an opportunity to draw away some […]

Online streaming platform Netflix Inc. (NFLX) recently said that it would soon begin charging extra fees for sharing accounts with people outside the household. This move is the company’s latest attempt to bring down the process of password sharing, which is prevalent among Netflix users since many years. The fees […]

The United States Supreme Court struck down a Biden administration moratorium on evictions last August. Only months later, 4.4 million residential renters across the country said they are “somewhat” or “very likely” to face evictions within two months, according to the U.S. Census Bureau. (Also see: the city where people […]

The expectations earlier in 2022 that inflation might become muted as the year progressed have been completely undermined. Several recent reports show inflation at a decades-high level. The producer price index posted an annual increase of 10% in February, and the consumer price index rose 7.9% that month, the largest […]

Sir Mix-a-Lot’s is marking the 30th anniversary of his No. 1 hit “Baby Got Back’ with some cheeky NFT fun to raise money for a serious cause. The project, “Bit Butts,” will partner with developer META-X Studios to launch a collection of 6,666 unique, hand-drawn NFTs.. The depictions of digital derrières […]

First-time claims for U.S. unemployment benefits saw a modest increase in the week ended March 5th, according to a report released by the Labor Department on Thursday. The report showed initial jobless claims crept up to 227,000, an increase of 11,000 from the previous week’s revised level of 216,000. Economists […]