Carl’s Jr. crushed by California’s economic climate, violence-stricken workers
Iconic burger chain Carl’s Jr. is under increasing financial pressure from both California’s cost of doing business, $20 minimum wage ...
Tag: Economy
Home sales barely budge in April as spring buying season off to disappointing start
Sales of previously occupied US homes were essentially flat in April, another lackluster showing for the housing market during what’s traditionally its ...
US employers add 115K jobs in April — another surprisingly strong report despite Iran war
Hiring was surprisingly strong in April for the second month in a row, signaling the labor market may be withstanding ...
Corporate earnings surge means a ‘resilient’ Trump economy
Ken Griffin, the billionaire chief of the Citadel Investment empire, recently expressed his amazement at how President Donald Trump has ...
Fed’s preferred inflation gauge hits 3-year high as gas prices spiked on Iran war
US inflation accelerated in March as the Iran war raised gasoline prices, bolstering financial market expectations that the Federal Reserve ...
GDP grew at a 2% rate in first quarter despite Iran war
The US economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after ...
Zohrna Mamdani’s NYC-run grocery store would compete with Harlem supermarkets that are ALREADY affordable
Mayor Zohan Mamdani’s plan for a city-owned grocery market in East Harlem’s La Marqueta has a deeper problem than the ...
Air Canada suspending flights to JFK for 5 months, blaming jet fuel costs
Air Canada will suspend service to New York’s JFK International airport over the summer as the war in Iran creates ...
Kevin Warsh needs to be confirmed as Fed Chair in order to avoid an economic shutdown
Kevin Warsh would like to start as Fed chairman yesterday, but his nomination as the head of the central bank ...
Mortgage rates dip below 6% for first time since 2022
The average long-term US mortgage rate slipped this week below 6% for the first time since late 2022, good news ...
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