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Image about Nearly Three-in-Four Workers Are Looking for Additional Work To Keep Up With Inflation

Nearly Three-in-Four Workers Are Looking for Additional Work To Keep Up With Inflation

New labor data indicates an alarmingly high number of people are looking for extra work to keep pace with inflation. In a survey from workforce-as-a-service platform Bluecrew, approximately 70 percent of Americans are looking for... More of this article »
Image about General Electric to Lay Off One-Fifth of US Onshore Wind Workforce

General Electric to Lay Off One-Fifth of US Onshore Wind Workforce

Energy provider General Electric recently announced a plan to lay off roughly one-fifth of the workforce within its US onshore wind division. Approximately 20 percent of this roster equates to several hundred jobs. A spokesperson... More of this article »
Image about Can Another Round of Layoffs Turn Things Around At Peloton?

Can Another Round of Layoffs Turn Things Around At Peloton?

In August, Peloton released an abysmal financial report for the quarter, indicating a loss in excess of $1.2 billion on 30 percent lower year-over-year revenue. At that time, Peloton CEO Barry McCarthy announced they would be laying... More of this article »
Image about Biogen Settles Whistleblower Bribe Case for $900 Million

Biogen Settles Whistleblower Bribe Case for $900 Million

This week, the United States Justice Department released a statement describing how a whistleblower accused US pharmaceutical company Biogen of bribing doctors to prescribe their drug to multiple sclerosis patients. Furthermore,... More of this article »
Image about NTSB Recommends Alcohol-Monitoring Technology in New Cars

NTSB Recommends Alcohol-Monitoring Technology in New Cars

The US National Transportation Safety Board (NTSB) has enlisted its sister agency to curb drunk driving incidents by implementing new regulations regarding blood alcohol monitoring systems in vehicles. Apparently, the NTSB has recommended... More of this article »
Image about Biden Administration Reveals New Rules Requiring Airlines to Disclose Fee Schedules

Biden Administration Reveals New Rules Requiring Airlines to Disclose Fee Schedules

President Joe Biden announced new air travel regulations, this week, which requires both airlines and online travel agencies to disclose their fees for various ticketing add-ons like seat selection and checked baggage. The new policy... More of this article »
Image about Federal Reserve Commits to Fifth Interest Rate Hike This Year

Federal Reserve Commits to Fifth Interest Rate Hike This Year

On Wednesday, this week, the Federal Reserve announced they will raise interest rates again, marking the fifth such hike so far this year. Concluding a two-day monetary policymaking session, the central bank updated its Summary of... More of this article »
Image about The Fed’s Latest Rate Hike Pushes Treasury Yields Higher

The Fed’s Latest Rate Hike Pushes Treasury Yields Higher

US Treasury yields climbed at the end of the week as markets analyzed the eventual impact of the Federal Reserve’s most recent rate hike. Specifically, the 2-Year Treasury note reached up to its highest mark in 15 years, as... More of this article »
Image about Homebuilder Sentiment Falls into Negative Territory

Homebuilder Sentiment Falls into Negative Territory

According to the National Association of Home Builders (NAHB), homebuilder sentiment fell by three points this month. Now at a score of 46, the index has fallen below the 50-point threshold, indicating that the sentiment is negative.... More of this article »
Image about Amtrak To Suspend Some Long Haul Routes Anticipating Freight Rail Labor Strike

Amtrak To Suspend Some Long Haul Routes Anticipating Freight Rail Labor Strike

Heading into the second full week of September, rail carrier Amtrak announced a plan to preemptively suspend service(s) along some of its longer-range routes, mostly originating in Chicago. Apparently, there is a pending freight... More of this article »
Image about Expect Holiday Airfare to Hit 5-Year High As Air Travel Chaos Persists

Expect Holiday Airfare to Hit 5-Year High As Air Travel Chaos Persists

If you are planning to fly anywhere this holiday season, you may have to pay through the teeth for that plane ticket. Unfortunately, it appears the cost of a boarding pass this winter will reach a five-year high. Experts advise that... More of this article »
Image about Juul Ordered to Pay $438.5 Million Settlement Over Underage Marketing Charges

Juul Ordered to Pay $438.5 Million Settlement Over Underage Marketing Charges

Electronic cigarette maker Juul has just inked a settlement deal to conclude a two-year investigation regarding its sales and marketing practices. According to announcements coming out of several US states, in the first week of September,... More of this article »
Image about Global Economic Troubles Continue to Drag Oil Prices

Global Economic Troubles Continue to Drag Oil Prices

Oil prices took a dive this week, increasing the selloff acting that has already started to offer some relief for drivers trying to make the most of the rest of the summer, but feeling the pinch at the pump. Indeed, US oil slipped... More of this article »
Image about FTC Orders Credit Karma to $3 Million in Consumer Damages Over False “Pre-Approval” Claims

FTC Orders Credit Karma to $3 Million in Consumer Damages Over False “Pre-Approval” Claims

The Federal Trade Commission (FTC) has ordered Credit Karma to pay $3 million to users on allegations that the online credit monitoring company pushed consumers to take out falsely pre-approved credit cards. This inevitably led to... More of this article »
Image about CVS Health and Signify Health Hopes To Bring Health Care to the Home

CVS Health and Signify Health Hopes To Bring Health Care to the Home

In the first week of September, CVS health announced a new $8 billion deal aimed at meeting patients where they are to address their health care issues as needed. The deal will finalize the CVS purchase of Signify Health, which is... More of this article »