The robust jobs market in America, post-pandemic, has found significant reinforcement in the immigrant workforce. With an aging native population and stagnant birth rates, economists and the Federal Reserve are emphasizing the pivotal role of immigrant workers in fostering future ...
Berkshire Hathaway, under the stewardship of legendary investor Warren Buffett, has been quietly making substantial investments in the financial industry since the third quarter of last year. The veil of secrecy surrounding Berkshire’s latest stock purchases is expected to be ...
Maryland is on the verge of receiving a $350 million insurance payment linked to the collapse of the Francis Scott Key Bridge in late March, as per the broker managing its policy on the structure. The payment is slated to ...
On Wednesday, the Federal Reserve opted to maintain interest rates at their current levels and reiterated its intention to keep rates stable, citing a lack of substantial progress in inflation reaching its targeted 2%. Following its two-day policy meeting, the ...
Ford has initiated a recall of approximately 243,000 Maverick small pickup trucks in the United States due to potential issues with their tail lights. According to the company, a computer malfunction may inaccurately detect excessive current flow in one or ...
Johnson & Johnson announced on Wednesday its intention to allocate $6.5 billion over a span of 25 years to settle the majority of lawsuits in the United States alleging that its talc-based products were responsible for causing ovarian cancer, subject ...
During his appearance before the Senate Finance Committee on Monday, UnitedHealth Group CEO Andrew Witty provided updates on the cyberattack targeting its Change Healthcare unit earlier this year. He stated that the company has been diligently working to restore its ...
Mastercard Inc. has revised its full-year revenue growth forecast downward, citing foreign-exchange challenges beyond its control, as spending on the payments giant’s network in the first quarter fell short of expectations. Chief Financial Officer Sachin Mehra explained that the company ...
In a significant development, a divided federal appeals court has breathed new life into New York’s pioneering effort to make high-speed internet accessible and affordable to low-income families. The court’s ruling, overturning a permanent injunction, marks a setback for major ...
Philips saw a significant rise in its stock value on Monday following the announcement of a billion-dollar settlement for personal injury claims linked to its recalled sleep apnea devices. The subsidiary Philips Respironics had recalled approximately 15 million sleep therapy ...