Economy
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15 state AGs press CEOs to end 'unlawful and misguided' DEI practices
"We write to urge the Business Roundtable’s member CEOs to abandon the unlawful and misguided DEI initiatives that have for too long harmed businesses and consumers alike," the group wrote to the organization.
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Trump trade adviser Navarro says White House possibly has '90 deals in 90 days' regarding tariffs
Navarro said that this 90-day pause was a strategic plan from the White House.
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Auto experts say tariffs will push all vehicle prices up
"Automakers and their suppliers are often multinational companies with facilities spread out across the world, making it difficult to discern how much of a vehicle is domestically produced," says Dr. K. Venkatesh Prasad, senior vice president of research and chief innovation officer at CAR.
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Former RNC political director creates tool for voters to see cost of living changes over the years
"Survey after survey after survey shows that swing voters in swing states care about household affordability," Gentry Collins said.
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Biden infrastructure law gave billions to upgrade ports, now striking unions want to stop automation
The discrepancy between the priorities of Biden’s infrastructure spending and his support for the labor union leading the strikes raises concerns about the benefits of pouring money into infrastructure while real upgrades are being blocked by union allies.
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US economy added 254,000 jobs in September, Labor Department
The Dow Jones consensus forecast for additional non-farm jobs was 150,000, CNBC reports.
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CVS to lay off almost 3,000 employees in effort to reduce costs
"The reductions will not impact front-line jobs in our stores, pharmacies and distribution centers," CVS told CBS.
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Biden to stay out of port strike as trade flows halt, union boss threatens to ‘cripple’ economy
Breaking up the strike with his presidential authority could damage Kamala Harris’ chances with a key union worker constituency, but an economic chaos may damage her cause, too.
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Port worker strike looms as pay negotiations stall
The strike, which would impact the U.S. import and export of goods from retail products to cars, could cost the U.S. economy as much as $5 billion each day.
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'New American industrialism': Trump vows return of manufacturing in key policy speech
"It all goes away if you don't make your product here and hire American workers for the job," he warned.
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Poll shows Harris gaining ground with voters on the economy in warning sign for Trump
“We need all economic voters voting for Trump,” former Trump economic advisor Steve Moore told Just the News. “He has to keep stressing that people are poorer… the average family is doing worse than they were four years ago.”
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Federal Reserve cuts interest rates by half-point, stocks surge
The Fed has a meeting on Nov. 7, just two days before the 2024 presidential election, where another rate cut will be considered.
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Tupperware Brands Corporation files for bankruptcy, will keep operating during proceedings
The company is seeking court approval to "facilitate a sale process for the business in order to protect its iconic brand and further advance Tupperware's transformation into a digital-first, technology-led company."