When the demand for online grocery delivery grew during the pandemic, supermarket giant Ahold Delhaize USA, owner of Stop & Shop, Giant, Food Lion, and […]
Economy
Startups Aiming to Electrify U.S. Freight Industry Confront Higher Interest Rates
This should be Intramotev’s moment. The St. Louis, Mo.-based manufacturer of electric railcars is positioned to take advantage of the push to bring green technology […]
As insurers flake in risky areas, policyholders turn to public adjusters
When peculiar, heavy rainstorms began drenching Southern California last winter, Isaac Park noticed his phone ringing more than usual. Park is a public adjuster, meaning […]
Job Market Undershoots Forecasts, But Economists Are Unfazed
The job market cooled slightly in April but remained solid, a long-expected slowdown economists say gives little reason for concern. Employers added 175,000 jobs last […]
Inflation is still elevated, but consumers are undeterred
Inflation remained well over targets in February but consumers just kept spending, the latest signal that the economy is not quick to slow down, despite […]
A tight labor market is helping women catch up to men
When Marie-Pier Tremblay moved from Quebec to Boston in 2012, working a job was not in the cards. There were legal hurdles to working in […]
Inflated Car Repair Costs Leave Drivers Stranded
Single mothers make up a majority of the repair requests that come into Fix It Forward Auto Care. The nonprofit, started in 2015, provides free […]
Shelter and Gas Costs Heat Up February Inflation
Consumer prices in February pointed toward a stubbornly hot economy, with shelter and gasoline costs keeping temperatures rising above the Federal Reserve’s 2% inflation target. […]
Americans’ Personal Income Rose Significantly in January
Americans’ income rose sharply in January, driven by social security and dividend payments, in the latest sign that American households remain financially healthy. The value […]
January Inflation Exceeds Expectations, Early Rate Cut Prospects Dim
Consumer prices surpassed economists’ expectations in January, winding down investors’ hopes of early rate cuts. The Consumer Price Index (CPI), which gauges the cost of […]