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Drama over the debt ceiling is the last thing America's economy needs
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| America's road to economic recovery is littered with obstacles, beginning with soaring inflation and the rapidly spreading Covid-19 Delta variant. Now political bickering in Washington is looming as yet another hurdle. Read more » |
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Twitter is having an inexplicably awesome 2021
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| Twitter continues to trail Facebook and Instagram by a wide margin when it comes to the number of users. The social media firm doesn't generate the type of cool buzz that YouTube, TikTok and Snapchat do among millennials and Gen Z influencers. Read more » |
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Unemployment benefits claims unexpectedly rose last week
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| Claims for US jobless benefits unexpectedly jumped last week offering the latest reminder that the American economy -- and the labor market -- are not yet back to normal. Read more » |
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GM is shutting down most of its pickup production for a week
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| General Motors will stop making most of its full-size pickup trucks for a week starting Monday. It's another sign that the auto industry continues to struggle with the year-long global computer chip shortage. Read more » |
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Losses mount for American and Southwest, but their outlook is brighter
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| Financial results are finally getting better at the nation's major airlines, thanks to a surge of vacation travel this summer. Read more » |
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Europe's central bank could print another $1 trillion
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| We have a thing around here for big numbers. The more zeros the better. Read more » |
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