WASHINGTON (AP) – Housing sales are booming. Shares set record highs. Industrial production is climbing out of the ditch into which it fell earlier this year. And yet, the U.S. economy is nowhere near recovering from the health it achieved, with low unemployment, consumers spending free and thriving travel, before …
Read More »United warns nearly October 3,000 pilots could be grounded
Fox News’ Bryan Llenas talks to small business owners in Florida affected by coronavirus. In a memo to employees received by FOX Business, United Airlines warned that up to 2,850 pilots would be flown involuntarily in October, if Congress could not reach a deal on a new round of incentives. …
Read More »Trump’s tough talks on China are facing harsh trade realities
Former United Nations Ambassador Nikki Haley said on Monday “Communist China gave us the coronavirus.” Secretary of State Mike Pompeo has promised that jobs will “come home” from China on Tuesday. Trump himself foresaw the strategy on Sunday, promising to bring back 1 million jobs from China and deny federal …
Read More »Inside the Citadel’s remote summer stage in a luxury resort in Wisconsin
Military Ken Griffin’s Citadel created a bubble for interns at a resort in Kohler, Wisconsin, and rented the entire place. The company has been operating a hotel in Palm Beach’s Four Seasons hotel for its Citadel Securities trading floor since Bubble, and dozens of interns also went to Florida a …
Read More »With bids on TikTok, Walmart is looking to turn a political turmoil in its own favor
For Walmart, a political tug-of-war over TikTok has become an opportunity to follow an app with a huge fan base. The company confirmed Thursday that it is partnering with Microsoft to buy the tech platform, which is owned by Beijing-based ByteDance. The parent company of TikTok is looking for a …
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