Browsing: Economy

General Motors is investing $888 million in its Tonawanda Propulsion plant in Buffalo, New York, “to support the production of…

U.S. Federal Reserve officials at their last meeting acknowledged they could face “difficult tradeoffs” in coming months in the form…

Every airline passenger has heard the message towards the end of the flight that tells them to stay seated after…

The number of Americans filing new applications for unemployment benefits increased more than expected last week, while the jobless rate…

Federal Reserve Chair Jerome Powell on Thursday met with President Donald Trump at the White House for the first time in…

Mortgage rates increased for the third straight week and continue to hover near the 7% level, mortgage buyer Freddie Mac…

Houston-based Chevron Corp. (NYSE: CVX) says it is laying more than 200 employees in Texas as it is preparing to cut up…

The Federal Reserve’s preferred inflation gauge showed that price growth eased slightly in April, trending closer to the central bank’s…

A new report from Goldman Sachs economists examined the risks of undermining the independence of central banks to set monetary…

Tech giant Apple is reportedly weighing a plan to raise prices on new iPhones this fall with new features that…