US Business
U.S. Existing-Home Sales Slid Last Year
U.S. existing-home sales dropped 17.8% in 2022 to their lowest level since 2014 as interest rates rose and the economy cooled.
Month: January 2023
US Business
Consumer Prices Plateau as Inflation Slows to Prepandemic Levels
A 40-year inflation high in June turned into relatively normal price growth in the second half of 2022.
US Business
Tesla, Microsoft Headlining Busy Earnings Week
Verizon and Southwest are among other companies expected to report as economists gauge the effect of higher interest rates.
US Business
How Apple Has So Far Avoided Layoffs: Lean Hiring, No Free Lunches
The iPhone maker’s workforce grew 20% in the past three years, a far slower pace than rivals.
US Business
Unemployment Is Lasting Longer as Job Market Cools
In December, 826,000 unemployed workers had been out of a job for about 3½ to 6 months, up from 526,000 in April 2022.
US Business
The Offshore Oil Business Is Gushing Again
Rigs that haven’t been used in years are setting out to sea as demand for energy surges. “Everyone started drilling again.”
US Business
Elon Musk Flags Limitations of Tweets in Tesla Trial
The defense has called the Tesla CEO’s 2018 tweets about taking the car maker private imperfect shorthand.
US Business
Abbott Under Criminal Probe Over Baby Formula
Federal prosecutors are investigating conduct at Abbott’s baby-formula plant in Michigan, which the company temporarily shut down last year after a potentially deadly bacteria was found.
Education
Crowder College to Begin Children’s Choir for Area Fourth and Fifth Grade Students
(Neosho, MO) – Crowder College’s choral music instructor, Becky Shaw, will be holding auditions for area fourth and fifth grade students to participate in the newly formed Crowder College Regional Children’s Choir. “This is a […]
US Business
GM, LG Scrap Plans to Partner on Fourth Factory
A U.S. battery-cell factory that had been in the works between General Motors and LG Energy Solution has been shelved indefinitely.