Category: Business

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Markets Plunge After High CPI Inflation Reading

Stocks and bonds fell sharply in value as stubborn price pressures made it more likely that the Federal Reserve will continue raising interest rates aggressively.  » mehr lesen

Gas Prices Fall Slightly, but Overall Energy Costs Are Expected to Rise.

An increase in energy prices could complicate the Federal Reserve’s campaign to tame inflation.  » mehr lesen

Delta Earnings Are Solid as Airline Signals Optimism on Travel Demand

The carrier reported a healthy profit for the third quarter after a busy summer. Competitors also seem confident despite economic turbulence.  » mehr lesen

Battle Over Wage Rules for Tipped Workers Is Heating Up

A system counting tips toward the minimum wage is being fought in many places. Critics say it’s often abused. Defenders say workers benefit overall.  » mehr lesen

Treasury Scrutinizes Florida’s Use of Relief Funds in Sending Away Migrants

Gov. Ron DeSantis of Florida used interest that the state had accrued from stimulus money to send Venezuelan migrants by plane to Martha’s Vineyard.  » mehr lesen

Art Laboe, D.J. Who Popularized ‘Oldies but Goodies,’ Dies at 97

A familiar voice on the California airwaves for almost 80 years, he saw the appeal of old rock ’n’ roll records practically before they were old.  » mehr lesen

Gannett Announces Widespread Cost-Cutting

The moves at the nation’s largest newspaper publisher include a week of mandatory unpaid leave and voluntary buyouts.  » mehr lesen

Lucid Increases Electric Vehicle Production but Still Faces Challenges

The maker of electric sedans said it would hit its scaled-back production targets for 2022 after facing supply hurdles.  » mehr lesen

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