Business

Companies in the private sector added 42,000 jobs in October, payroll processing firm ADP said Wednesday.The figure is above economists’ estimates of a gain of 28,000 jobs. The prior month's payrolls number was revised to a loss of 29,000 from an initially reported loss of 32,000."Private employers added jobs in October for the first time since July, but hiring was modest relative to what we reported earlier this year," said […]

Jeep is recalling more than 320,000 plug-in hybrid SUVs in the U.S. after discovering a potential fire risk linked to 19 incidents, urging owners to stop recharging the vehicles and park them away from buildings until repairs are made.The recall affects certain 2020–2025 Jeep Wrangler 4xe and 2022–2026 Jeep Grand Cherokee 4xe models, which could catch fire even when the ignition is off."Out of an abundance of caution, the company […]

President Donald Trump on Tuesday called the upcoming Supreme Court hearing on his trade policy "life or death" for the United States."Tomorrow’s United States Supreme Court case is, literally, LIFE OR DEATH for our Country," Trump wrote in a post on Truth Social. He said if the nation's highest court rules in his favor, it would reaffirm his administration’s authority to use tariffs as a tool of economic and national […]

A UPS cargo plane crashed Tuesday near Louisville Muhammad Ali International Airport (SDF) in Kentucky, killing at least four people and injuring at least 11 others.UPS Flight 2976 crashed with three crewmembers on board at about 5:14 p.m. ET onto the roof of the Kentucky Petroleum Recycling building after departing from SDF, Gov. Andy Beshear said during a news conference Tuesday evening. A nearby auto parts operation was also affected.Beshear, […]

Today was the 14th vote to keep the government shut down. That means we’ll hit day 36 tomorrow, which is a new world-record for shutdowns. Congratulations, democrats. You are now the proud owners of a ridiculous and pointless waste of time. Not to speak of the hardships caused for many. Air traffic controllers working without pay. Traditionally democratic unions are blaming you. Not enough money to cover food stamps for women, […]

An investigation into fast-fashion retailer Shein is underway in France after sex dolls with childlike features were allegedly found for sale on their online marketplaces, according to reports.Per Reuters, the probe followed outrage from French Finance Minister Roland Lescure, who said he wanted to ban Shein in France for allowing the sale of these products.Lescure warned on social media that access to the SHEIN platform could be "banned from the […]

New York City’s soaring housing costs have become a defining issue for voters in the Big Apple's mayoral election, but politicians and economists are divided on the right long-term solutions to address it.  In theory, a rent freeze may seem like a quick and easy answer to address the affordability crisis. However, experts say it could hinder the city's real estate market in the long term by discouraging investment and […]

Financial services firms have increased their presence in the state of Texas in recent years as they diversify their strategic footprint beyond the traditional financial hub of New York City's Wall Street.Several of the nation's most prominent banks and financial institutions have built new campuses or increased their operational presence in Texas in recent years. The trend comes following many Americans' relocations during the COVID-19 pandemic away from high-tax states like […]

The Trump administration is defending an order by the Transportation Department that requires Delta Air Lines and Aeroméxico to dissolve their joint venture, saying the agreement gives them excessive control over U.S.-Mexico flights.In a court filing Monday, the government said the Transportation Department "validly decided to no longer authorize legalized collusion" between two airlines that together control nearly 60% of operations at Mexico City International Airport, one of the largest […]