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ECONOMY10 DAYS AGO
US railroad labor standoff: Congress could stop ‘unacceptable’ strike
A rail traffic stoppage could freeze almost 30 percent of US cargo shipments by weight, stoke inflation and cost the US economy as much as $2 billion per day.
ECONOMY12 DAYS AGO
US issues expanded license to allow Chevron to import Venezuelan oil
Washington grants its oil giant Chevron Corp an exemption from Venezuelan sanctions.
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ECONOMY14 DAYS AGO
A freight rail strike could cost US economy $1 billion in the first week
A US freight rail strike could cost the economy $1 billion in the first week of the strike, data shows.
US
ECONOMY14 DAYS AGO
US weekly jobless claims at 3-month high; equipment spending resilient
The number of Americans filing new claims for jobless benefits increased to a three-month high last week amid rising layoffs in the technology sector, but that likely does not suggest a material shift in labor market conditions, which remain tight.
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ECONOMY17 DAYS AGO
Strike looms large as US railroad union votes down contract
The US' largest railroad labor union votes down a tentative contract deal reached with management, raising the likelihood of a strike.
US-rail
ECONOMY23 DAYS AGO
Amazon plans to lay off 10,000 employees, its largest job cuts ever
Amazon has unveiled plans to lay off 10 thousand employees in corporate and technology jobs amid a “worsening macroeconomic environment”, as inflation in the United States is at a 40 year record high.
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ECONOMY26 DAYS AGO
US Treasury chief warns of need to lift debt ceiling
The US Treasury chief warns that lawmakers' failure to raise the statutory limit on US debt poses a ‘huge threat’ to the nation's economy.
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