Electric truck maker Rivian says construction on 1st phase of Georgia factory will proceed in 2024
Rivian Automotive has confirmed that it will move ahead with construction on a factory in Georgia early next year
2023-10-20 07:21
CSX railroad profit falls 24% as it delivered 2% fewer shipments in the third quarter
CSX reported a 24% drop in the railroad's third-quarter profit Thursday as it hauled 2% less freight
2023-10-20 05:50
Garcelle Beauvais teams with Kellogg Foundation for a $90M plan to expand 'Pockets of Hope' in Haiti
Humanitarian donations to conflict-ravaged Haiti have dramatically declined since the assassination of its President Jovenel Moïse in 2021
2023-10-20 04:29
FBI: Thousands of remote IT workers sent wages to North Korea to help fund weapons program
Federal authorities say that thousands of information technology workers contracting with U.S. companies secretly sent millions of dollars of their wages to North Korea for use in its ballistic missile program
2023-10-20 02:22
Feds OK natural gas pipeline expansion in Pacific Northwest over environmentalist protests
Federal regulators have approved the expansion of a natural gas pipeline in the Pacific Northwest over the protest of environmental groups and top West Coast officials
2023-10-20 01:49
The average long-term US mortgage rate surges to 7.63%, holding at highest level since 2000
The cost of financing a home surged again this week, keeping the average long-term U.S. mortgage rate at its highest level since December 2000
2023-10-20 00:27
Fed Chair Powell: Slower economic growth may be needed to conquer stubbornly high inflation
Federal Reserve Chair Jerome Powell says inflation remains too high and that bringing it down to the Fed’s target level will likely require a slower-growing economy and job market
2023-10-20 00:18
The government secures a $9 million settlement with Ameris Bank over alleged redlining in Florida
The Justice Department has secured a $9 million settlement with Ameris Bank over allegations it avoided underwriting mortgages in predominately Black and Latino communities in Jacksonville, Florida, and discouraged people there from getting home loans
2023-10-20 00:18
US weekly jobless claims hit nine-month low
By Lucia Mutikani WASHINGTON The number of Americans filing new claims for unemployment benefits fell to a nine-month
2023-10-19 23:56
Union Pacific railroad's quarterly profit falls 19% as volumes slow and costs remain high
Union Pacific's third-quarter profit fell 19% as the railroad hauled about 3% fewer shipments and costs remained high, but the average speed of its trains improved 5% as new CEO Jim Vena began to tweak the operations
2023-10-19 23:47
Home sales fell again in September as surging mortgage rates, rising prices discouraged homebuyers
Sales of previously occupied U.S. homes fell for the fourth month in a row in September, held back by surging mortgage rates and a thin supply of properties on the market
2023-10-19 23:28
Hollywood's actors strike is nearing its 100th day. Why hasn't a deal been reached and what's next?
Film and TV actors are still on strike in what has become the longest walk-off in their history
2023-10-19 21:47