Tag: U.S. Economy
Trump says tariffs will accelerate reshoring, but experts say it’s not that easy
Arseniy45 | Istock | Getty ImagesPresident Donald Trump may hope his tariffs jump-start a renaissance in manufacturing in the United States, but the r [...]
Rupee slumps on strong demand to buy dollars at daily fix, weak yuan
The Indian rupee weakened on Monday on the back of strong demand to buy dollars at the daily reference rate and as the Chinese yuan slipped amid worri [...]
These economists say AI can improve the fiscal health of the U.S.
Can artificial intelligence be so transformative as to solve one of the U.S. economy's biggest problems: its skyrocketing fiscal deficit? According to [...]
‘Wardrobing’ retail fraud soars in the summer
A particular type of retail fraud soars during the summer season."Wardrobing," in which a shopper buys an expensive item, wears it with the tags on, a [...]
Walmart hometown Bentonville Arkansas gets more expensive
BENTONVILLE, Ark. — When Gil Curren's family moved into a run-down farmhouse in Walmart's hometown of Bentonville, Arkansas, in 1971, the now-retail g [...]
Wendy’s will offer $3 breakfast meal deal after McDonald’s value meal
An exterior view of a Wendy's fast-food restaurant in Bloomsburg, Pennsylvania, on May 19, 2024.Paul Weaver | SOPA Images | Getty ImagesWendy's will o [...]
Immigrant workers are helping boost the U.S. labor market
The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age out of the labor force [...]
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 [...]
The U.S. is the top country for millionaires and billionaires
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consu [...]
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 [...]
Manufacturing and construction sectors are hiring
Construction workers erect a building in downtown Miami, Florida, on June 14, 2023.Jim Watson | AFP | Getty ImagesAt Ample's manufacturing facilities [...]
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 [...]
Home prices surge, Detroit gains beat Miami
A for sale sign hangs outside a home on the west side of Detroit, Michigan.Fabrizio Costantini | Bloomberg | Getty ImagesHome prices are rising faster [...]
Wells Fargo is bullish on residential solar with these stocks primed to rebound
Sun Driven Solar installs solar panels onto the roof of a Nampa, Idaho, home, on Nov. 3, 2022. (Darin Oswald/Idaho Statesman/Tribune News Service via [...]
Over a half-billion dollars in rail freight stuck at Texas border
Major railroads Union-Pacific and BNSF, a subsidiary of Berkshire Hathaway, are urging the reopening of El Paso and Eagle Pass crossings so their frei [...]