Business & Markets
Business & Markets | LATEST STORIES
Walmart to Slash Hundreds of Coporate Jobs, Ask Employees to Relocate
Most of the company’s remote workers are being asked to return to the office.
‘Depressing’: Economist on Why Australians Should Not Expect the Housing Situation to Change
A senior economist says the 2024 budget will do little, if anything, to address housing issues in Australia.
American Eagle Outfitters Latest to Leave San Francisco Mall
The retailer will close its store at San Francisco Centre, which has been plagued by crime and safety issues.
Rivian to Lay Off More California Workers as EV Market Stalls
The electric-truck maker will let go 92 employees in Orange County, mostly at its Irvine headquarters. The move comes on top of February layoffs.
Tax Cuts Could Boost Sluggish Demand for Electric Vehicles, Says Tech Boss
The Transport Select Committee has been hearing evidence from experts about why sales of electric vehicles are not meeting government targets.
US Household Debt Soars to $17.7 Trillion in 1st Quarter: New York Fed Data
Household debt is ballooning and consumers are having difficulty keeping up.
EU Gives Final Approval to Revised Farming Policies After Months of Protests
Under the revised law, smaller farms under 10 hectares will be exempt from controls and penalties for noncompliance with some EU farming rules.
Court Rules Australia’s Internet Czar Has No Power to Block Content Overseas
The judge found that trying to continue to ban the spread of a video on X globally would have been overreach by local authorities.
US Inflation Eases Slightly, Boosting Hope for Rate Cuts
Shelter and gasoline prices added to inflation pressures in April.
Federal Student Loan Interest Rates to Reach 12-Year High, New Data Shows
New rates will apply to all federal education loans issued on or after July 1, 2024.
Thousands of Taxpayers Could Face $5,000 Penalty After Falling for Online Scams: IRS
The Internal Revenue Service issued a consumer alert regarding a series of tax scams.
