Category: Business
Business News and trends.
Consumer Prices Outpace Americans’ Wage Growth As Inflation Surges
Thomas Catenacci
Massive government spending has decreased the value of the American dollar and triggered increased consumer prices, which ec [...]
Jobless Claims Hit Fresh Pandemic Low As Americans Return To Work
Thomas Catenacci
The number of Americans filing new unemployment claims dropped to 444,000 last week as the economy continues to slowly [...]
Manufacturing Prices Rise At Record Pace, Influential Fed Report Shows
Thomas Catenacci
The influential Empire State Manufacturing Survey conducted by the New York Federal Reserve Bank showed that manufacturing pr [...]
AT&T, Discovery Announce $43 Billion Media Merger In Bid To Compete With Netflix
AT&T and Discovery announced a $43 billion merger that would create one of the largest U.S. media companies in an attempt to compete with Net [...]
Business Groups Lobby Against Trump-Era Rule That Can Block Chinese Tech
Thomas Catenacci
Major trade groups have asked the Commerce Department to nix a Trump-era rule continued by President Joe Biden that enables [...]
Consumer Prices Have Skyrocketed In Recent Months, Experts Say It’s Just The Beginning
Thomas Catenacci
Consumer prices in the U.S. have skyrocketed across multiple industries as the federal government mulls injecting further st [...]
Lumber Prices Reach Record Heights Causing Home Prices To Surge
Thomas Catenacci
The price of lumber has skyrocketed to a record high and four times its usual price at this time of year, causing a spike in [...]
Vivint Smart Home to Pay $20 Million for Violating the Fair Credit Reporting Act
The Department of Justice, together with the Federal Trade Commission (FTC), announced a $20 million settlement resolving alleged violations of the F [...]
German Based SAP Admits to Thousands Of Illegal Exports Of Its Software Products To Iran, Entered Non-Prosecution Agreement With DOJ
Software company, SAP SE, headquartered in Walldorf, Germany, has agreed to pay combined penalties of more than $8 million as part of a global resolu [...]
Signode Relocating Its Corporate Headquarters To Tampa, Creating 200 New Jobs
TAMPA, Fla. - Signode Industrial Group LLC (Signode), a leading transit-packaging provider, is relocating its corporate headquarters from Glenview, I [...]