Tag: Breaking News: Economy
Western boot sales on the rise since ‘Cowboy Carter’ launch
Beyonce leaves the Luar fashion show at 154 Scott in Brooklyn during New York Fashion Week on February 13, 2024 in New York City. James Devaney | GC I [...]
Why car insurance costs are skyrocketing, leading to higher inflation
RobertCrum | Getty ImagesDETROIT – Skyrocketing auto insurance costs helped contribute to inflation accelerating at a faster-than-expected pace in Mar [...]
Here’s who could replace Calhoun at the plane maker
An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019.Lindsey Wasson | Re [...]
American Airlines orders hundreds of planes from Boeing, Airbus, Embraer
American Airlines flight 718, a Boeing 737 Max, takes of from Miami International Airport on its way to New York on December 29, 2020 in Miami, Florid [...]
Younger generations gained more wealth than others since 2019, study says
Younger generations grew their wealth much faster than older Americans after the pandemic began, thanks largely to stocks, according to a new study.Th [...]
Flights attendants push airlines for higher wages
CHICAGO, ILLINOIS - JANUARY 24: American Airlines workers picket at O'Hare International Airport on January 24, 2023 in Chicago, Illinois. The workers [...]
Airfare is down, but here’s why that may not last for long
Travelers at LaGuardia Airport in New York on June 30, 2022.Leslie Josephs | CNBCAirfare fell 6.4% in January from a year earlier, the Labor Departmen [...]
UPS announces 12,000 job cuts; reports drop in package volume
A United Parcel Service truck searches for a house driving along the coast of Cape Cod on July 24, 2023 in Orleans, Massachusetts. Robert Nickelsberg [...]
Home sales dampened by severe winter weather, Redfin says
A "For Sale" sign stands outside a home following a snow fall in Geneseo, Illinois, U.S., on Monday, Jan. 20, 2020. The National Association Of Realto [...]
Spending is strong, delinquencies down from 2019
Stephen Squeri, chair and CEO of American Express, speaks during an Economic Club of New York event in New York on Nov. 10, 2022.Stephanie Keith | Blo [...]
Birkenstock shares slump on earnings after IPO
A Birkenstock banner hangs outside the New York Stock Exchange in New York on Oct. 11, 2023, as Birkenstock launches an initial public offering.Angela [...]
Jamie Dimon warns on U.S. economy in 2024, 2025
Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, [...]
The 2023 U.S. economy, in charts
A pedestrian holds an umbrella as they walk along a street in the rain in Times Square, New York, on Sept. 26, 2023.Ed Jones | AFP | Getty ImagesThe s [...]
Big Short’s Steve Eisman worries investors are too bullish in 2024
Investor Steve Eisman of "The Big Short" fame is questioning the level of bullishness on Wall Street — even with the market's tepid start to the year. [...]
Maersk Red Sea pause shows Operation Prosperity Guardian limits
A cargo ship crosses the Suez Canal, one of the most critical human-made waterways, in Ismailia, Egypt on December 29, 2023. (Photo by Fareed Kotb/Ana [...]