Nissan to cut 9K jobs, reduce CEO’s monthly pay by 50% as company faces ‘severe situation’
Nissan Motor Company announced it will be "taking urgent measures" to turnaround its business model after results from the first...
Economy
Fed cuts interest rates by quarter point
The Federal Reserve on Thursday announced its second consecutive interest rate cut, lowering the benchmark rate by 25 basis points...
Why was the economy the top issue in the election?
American voters had the economy on their minds when they cast their ballots, sending President-elect Trump back to the White House...
California drivers brace for possible gas price hike after state regulators approve tighter climate standards
California drivers may soon see a hike in gas prices after state regulators approved tougher standards for reining in climate...
Hiring veterans is good business: USAA CEO
This Veterans Day comes as the country prepares for change, to usher in President-elect Donald Trump in January, but the...
Buybuy Baby closing all stores, shifting to online-only business model as part of ‘strategic reset’
Buybuy Baby is shuttering all of its stores roughly a year after new owners tried to revive the brand. The...
Disney names next chairman, new CEO to be announced in ‘early 2026’
The Walt Disney Company named Morgan Stanley veteran James P. Gorman as chairman of the board, effective Jan. 2, 2025,...
Boeing strike costliest in economic damage so far in 2024
The ongoing strike by Boeing's union machinists could end this week, but not before racking up more economic damage than...
Election Day is closing in and investors are betting on the US dollar
Demand for the U.S. dollar has surged this month as Election Day draws near and investors position themselves for its potential...
Researchers say Arkansas may have 19M tons of lithium critical for battery power
A new study led by the U.S. Geological Survey (USGS) found a large amount of lithium reserves in southwestern Arkansas that...
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