Blurred buses drive past the Bank of England in the City of London on February 7, 2024 in London, United Kingdom. Mike Kemp | In pictures | Getty Images New forecasts from Goldman Sachs show the Bank of England is likely to keep interest rates high for longer before cutting them more than expected in…
Im vergangenen Herbst ertrug Tiffanie Simmons, eine Autoarbeiterin der zweiten Generation, einen sechswöchigen Streik in der Ford Motor-Fabrik westlich von Detroit, wo sie Bronco-SUVs baut. Der Streik führte in den nächsten vier Jahren zu einer Lohnerhöhung von 25 Prozent und linderte damit die Schmerzen Kürzungen, die sie und andere Gewerkschaftsmitglieder vor mehr als einem Jahrzehnt…
The Biden administration on Monday announced a $1.5 billion award to New York-based chipmaker GlobalFoundries, one of the first major grants from a government program to revive semiconductor manufacturing in the United States. As part of the plan to strengthen GlobalFoundries, the government will also provide an additional $1.6 billion in federal loans. The grants…
Stellen Sie sich Folgendes vor: Sie besitzen ein paar hundert Hektar Land in der Nähe einer wachsenden Stadt, die Ihre Familie seit Generationen bewirtschaftet. Es ist schwieriger geworden, einen Gewinn zu erwirtschaften, und keines Ihrer Kinder möchte ihn übernehmen. Sie wollen das Land nicht verkaufen; Sie lieben den offenen Raum, die Flora und Fauna, die…
Robert Lanter lives in a 600-square-foot house that can be traversed in five seconds and vacuumed from a single outlet. He doesn’t have a coffee table in the living room because it would obstruct the front door. When relatives come to visit, Mr. Lanter says jokingly, but only partly, they have to tour one at…
A general view of a kiosk near Charing Cross station in London, England, on January 20, 2024. (Photo by Alberto Pezzali/NurPhoto via Getty Images) Photo only | Photo only | Getty Images LONDON – Better-than-expected retail sales in January provided a bright spot for Britain’s struggling economy on Friday – and suggest the country’s recession…
Customers shop at a Costco wholesale store in Miami on December 15, 2023. Joe Raedle | Getty Images News | Getty Images Wholesale prices rose more than expected in January, according to a U.S. Labor Department report Friday, further complicating the inflation picture. The producer price index, a measure of the prices received by producers…
In the latest sign of a growing backlash within corporate America against the 88-year-old federal agency that enforces labor rights, Amazon argued in a lawsuit Thursday that the National Labor Relations Board is unconstitutional. The move followed a similar argument by SpaceX, the rocket company founded and led by Elon Musk, in a legal complaint…
Consumer spending fell sharply in January, posing a potential early danger sign for the economy, the Commerce Department reported Thursday. According to the Census Bureau, advanced retail sales fell 0.8% for the month, following a downwardly revised 0.4% increase in December. A decline had been expected: Economists polled by Dow Jones expected a 0.3% decline,…
