Why the U.S. may extend its run as the world’s leading economy
Strong economic growth in the U.S. at the same time that China is facing setbacks is reshuffling dynamics in trade, diplomacy and the global world order.
Consumer spending growth will slow in 2024, economist predicts — it’s ‘not necessarily sustainable’
Consumer spending has remained remarkably resilient, but that’s unlikely to continue, says Jack Kleinhenz, chief economist at the National Retail Federation.
Mortgage demand jumps nearly 10% to start the year, even as interest rates tick up again
Mortgage rates moved a little bit higher last week, for the second week in a row, but are still in a range that consumers appear to like.
Trend Micro lays off 2% of its global workforce
Trend Micro, which employed 7,582 employees as of June 2023, said it would lay off 2% of its worldwide workforce as part of a business transformation plan.
Boeing to revise 737 Max 9 inspection instructions as planes remain grounded, FAA says
Alaska and United identified loose hardware on 737 Max 9s during preliminary checks.
NASA delays crewed Artemis moon missions into 2025 as companies navigate challenges
NASA is pushing back the schedule for upcoming missions of its flagship Artemis lunar program by about a year.
Bob Menendez claims ‘persecution’ in Senate floor remarks after latest allegations
The Democratic senator urged his colleagues to give him a chance to defend himself in court against allegations of bribery and working for foreign governments.
Home prices are surging — and Detroit gained the most in November, beating Miami for the first time
Home price gains are increasingly fueled by a decline in mortgage rates.
Meta says it will restrict content for teens, as complaints mount about harmful effects on youth
Meta is updating its policy for teenage content as it faces a lawsuit from 42 attorneys general who allege the company’s products are hurting younger users.
Driver in custody after crashing into White House gates
The crash occurred just before 6 p.m. ET, a spokesman for the Secret Service wrote on X.
