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Tag: inflation

Worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory in Hangzhou, Zhejiang

US manufacturing sector struggling to recover -ISM

U.S. manufacturing slumped further in February, with a measure of factory employment dropping to a seven-month low.

Read More US manufacturing sector struggling to recover -ISM
FILE PHOTO: An Apple logo is pictured in an Apple store in Paris, France September 17, 2021. REUTERS/Gonzalo Fuentes/File Photo

Apple cancels work on electric car, source says

Apple has canceled work on its electric car, a source familiar with the matter told Reuters on Tuesday, a decade after the iPhone maker kicked off the project.

Read More Apple cancels work on electric car, source says
NORTH MIAMI, FL - MAY 23: Customers walk out of Macy's the day after the company announced that the 56 Burdines stores and the seven Macy's stores in Florida all will operate under the combined name of Burdines-Macy's May 23, 2003 in North Miami, Florida. The union is part of a strategy by parent company Federated Department Stores to use the national marketing clout of the Macy's name and take advantage of larger buying power. All of Federated's regional department store chains will make similar moves. The Miami-based Burdines will actually be the last one to be converted to the same name. (Photo by Joe Raedle/Getty Images)

Macy’s Closing 150 Stores By 2026, Pivoting To Luxury Sales

Macy’s plans to close almost 150 locations nationwide in order to move towards leaning more heavily on its luxury Bloomingdale’s and Bluemercury chains. 

Read More Macy’s Closing 150 Stores By 2026, Pivoting To Luxury Sales
NATIONAL HARBOR, MARYLAND - FEBRUARY 22: Attendees arrive to the main ballroom for the start of the General Session of the Conservative Political Action Conference (CPAC) at Gaylord National Resort Hotel And Convention Center on February 22, 2024 in National Harbor, Maryland. Attendees descended upon the hotel outside of Washington DC to hear from conservative speakers from around the world who range from journalists, U.S. lawmakers, international leaders and businessmen. Republican presidential candidate and former U.S. President Donald Trump will deliver remarks to attendees on Saturday. (Photo by Anna Moneymaker/Getty Images)

Bobby Eberle Recaps CPAC 2024

CPAC is this week and topics of Border Security, Gang Violence, and Inflation were the main themes this year.

Read More Bobby Eberle Recaps CPAC 2024
WASHINGTON, DC - MARCH 16: The U.S. Environmental Protection Agency's (EPA) logo is displayed on a door at its headquarters on March 16, 2017 in Washington, DC. U.S. President Donald Trump's proposed budget for 2018 seeks to cut the EPA's budget by 31 percent from $8.1 billion to $5.7 billion. (Photo by Justin Sullivan/Getty Images)

The Biden Administration’s New Regulation Could Wipe Out 1 Million U.S. Jobs

The Biden administration’s Environmental Protection Agency (EPA) has put a new law into regulation that could potentially cut one million jobs across the country and could undermine new efforts to build new manufacturing facilities.

Read More The Biden Administration’s New Regulation Could Wipe Out 1 Million U.S. Jobs
A man shops for produce at Best World Supermarket in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo

Markets underestimate risk of inflation re-accelerating, says PIMCO

Equity and fixed income markets may be too optimistic on how quickly central banks will cut interest rates.

Read More Markets underestimate risk of inflation re-accelerating, says PIMCO

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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