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Future of Flexibility? Biden's Reclassification Play Paves the Way for Major Gig Economy Shift

Future of Flexibility? Biden's Reclassification Play Paves the Way for Major Gig Economy Shift

According to a US administration official, President Joe Biden will issue a final regulation as early as this week that would make it harder for businesses to designate people as independent contractors rather than employees, who usually cost a business more.

Jan 08, 2024 07:56 PM EST


Stocks Slip Despite Early Green Shoots, Boeing Plunges on Delivery Delay Worries

Stocks Slip Despite Early Green Shoots, Boeing Plunges on Delivery Delay Worries

Monday saw a little decline in US stock futures but Treasuries remained stable as traders adjusted their wagers following last week's selloff. A barrel of Brent oil dropped below $77.

Jan 08, 2024 11:50 AM EST


Travelers Brace for Potential Continued High Costs as Experts Analyze 2024 Airfare Trends

Travelers Brace for Potential Continued High Costs as Experts Analyze 2024 Airfare Trends

It seems that the aviation industry's incredible rise from the pandemic's lowest points is coming to an end. A thorough examination of many data reveals a tendency toward stabilization in multiple important indicators, indicating the end of fast expansion and the beginning of a new routine.

Jan 08, 2024 11:30 AM EST


Congress Strikes Temporary Truce, Avoiding Financial Cliffhanger

Congress Strikes Temporary Truce, Avoiding Financial Cliffhanger

A deal reached by Congressional leaders on the total amount of spending for the current fiscal year may help avert a partial government shutdown later this month.

Jan 07, 2024 09:17 PM EST


US Spot Bitcoin ETFs

SEC Approval of US Spot Bitcoin ETFs Possible Next Week After 13 Companies Submitted Applications

Discover the latest developments in the cryptocurrency landscape as 13 companies await SEC approval for U.S. spot Bitcoin ETFs. Here's what you need to know.

Jan 06, 2024 04:00 AM EST


Dividend Stocks

Top High-Yield Dividend Stocks in 2024 Poised to Generate $10,000 in Annual Passive Income

Discover a robust investment strategy designed for financial success and stability with this potential of 4 high-yield dividend stocks for 2024.

Jan 06, 2024 03:43 AM EST


SpaceX Blasts Critics into Unemployment, But Labor Agency Says It's Illegal

SpaceX Blasts Critics into Unemployment, But Labor Agency Says It's Illegal

A U.S. labor agency accused rocket and satellite manufacturer SpaceX on Wednesday of forcibly terminating eight workers for distributing a letter denouncing founder and CEO Elon Musk as a "distraction and embarrassment."

Jan 04, 2024 05:46 AM EST


National Debt Drowns in Record $34 Trillion, Congress Squabbles Over Lifeline

National Debt Drowns in Record $34 Trillion, Congress Squabbles Over Lifeline

With the gross national debt of the federal government at above $34 trillion, it is a record level that portends political and economic obstacles to improving America's balance sheet in the years to come.

Jan 04, 2024 09:46 AM EST


U.S. Trade Protection Efforts Face Hurdles as Maersk Cites Security Concerns on Key Route

U.S. Trade Protection Efforts Face Hurdles as Maersk Cites Security Concerns on Key Route

Even with attempts to shield commercial vessels from assaults by Iranian-backed Houthi insurgents headquartered in Yemen, there is still a significant risk to international trade in the Red Sea.

Jan 03, 2024 09:10 AM EST


National Average Gas Price Dips Under $3 for the First Time This Year

National Average Gas Price Dips Under $3 for the First Time This Year

Lower gasoline prices could aid individuals in recuperating from excessive holiday spending.

Jan 03, 2024 08:24 AM EST


Popular EVs Lose Their Shine as US Tax Credits Take a Nosedive

Popular EVs Lose Their Shine as US Tax Credits Take a Nosedive

New battery sourcing regulations went into effect on Monday, which resulted in the loss of tax credits of up to $7,500 for a number of electric cars, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, select Tesla Model 3s, and Chevrolet Blazer EV, the U.S. stated Treasury.

Jan 02, 2024 07:51 AM EST


New York Cheers as Minimum Wage Climbs in 2024

New York Cheers as Minimum Wage Climbs in 2024

As the clock crept over to 2024, New York's minimum-wage workers had more reason to rejoice on Monday than just the start of a new year.

Jan 02, 2024 04:47 AM EST


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