USPS could slow service in certain areas as it seeks to cut costs
The United States Postal Service (USPS) is considering cost-cutting measures that could result in slower mail delivery for long-distance and...
Economy
Fed’s actions spoke louder than words to markets in fight against inflation, research finds
The credibility of the Federal Reserve helped financial markets in the central bank's multiyear battle against inflation, but it had...
US firms’ ‘low firing’ approach could turn to more layoffs, Fed’s Barkin warns
The "low-hiring, low-firing" approach that U.S. businesses currently take to their employment decisions is unlikely to last, Richmond Federal Reserve...
Home prices just smashed another record high in June
Home prices hit a new record in June amid an ongoing housing shortage, even as high mortgage rates continued to push...
Alaska Airlines Boeing flight returns to airport following engine issue
An Alaska Airlines flight bound for Oakland, California, from Seattle had to turn around Sunday afternoon following an engine issue,...
Lowe’s drops some DEI policies, latest American company to do so: memo
Home improvement chain Lowe's is reportedly set to drop multiple diversity, equity and inclusion (DEI) programs. The retail chain is...
What sausage sales tell us about the economy: Dallas Fed
The Federal Reserve Bank of Dallas released its monthly Texas Manufacturing Outlook this week, which gauges the sector based on...
Consumer confidence reaches six-month high, but labor market worries rise
U.S. consumer confidence reached a six-month high in August as optimism about the economy rose, although Americans are increasingly anxious...
Deaths of 2 Delta workers under federal investigation after wheel mishap at Georgia facility
A federal investigation is underway after two Delta Air Lines workers were killed and a third was seriously injured at...
Car insurance premiums could skyrocket 50% in some states this year
Car prices are finally on the down swing, but drivers are facing a new financial hurdle: surging auto insurance premiums....
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