Business

December 11, 2024

Jerome Powell and the Federal Reserve’s next move: Balancing rate cuts and economic stability

Robert K. Hightower

Jerome Powell, chair of the Federal Reserve, faces a crucial moment as the central bank prepares for its next policy meeting. The latest jobs report all but solidified expectations of…

Business

December 8, 2024

China’s growth efforts show cautious progress as businesses await more impact

Robert K. Hightower

China's recent push to spur economic growth has shown modest progress, but the broader impact remains limited. Earnings and corporate data suggest that a robust recovery in the world's second-largest…

Business

December 8, 2024

Trump plans to nominate Paul Atkins as SEC chairman in a cryptocurrency-friendly move

Robert K. Hightower

Paul Atkins, CEO of Patomak Global Partners and an expert figure in financial regulation, has been chosen by President-elect Donald Trump to lead the Securities and Exchange Commission (SEC). The…

Business

December 7, 2024

JetBlue adjusts flight network to boost profitability and cut costs

Robert K. Hightower

JetBlue Airways is making significant changes to its flight operations as part of a strategy to streamline costs and increase profitability. The airline told staff on Wednesday that it will…

Business

December 6, 2024

Frontier Airlines to introduce first-class seating in competitive shift

Robert K. Hightower

Frontier Airlines, one of the world's leading low-cost airlines, is poised to introduce first-class seating as part of a strategic shift aimed at attracting customers seeking greater comfort and personal…

Business

December 5, 2024

Job openings rise in October as hiring slows, signaling a cooling labor market

Robert K. Hightower

The U.S. job market showed mixed signals in October, as job postings increased while hiring fell, according to data released Tuesday by the Bureau of Labor Statistics (BLS). The report,…

Business

December 2, 2024

How Black Friday spending reflects America’s political divide after the 2024 election

Robert K. Hightower

A red hat reading “Keep America Great” perched on a Christmas tree during a rally in Michigan in December 2019 symbolized the intersection of politics and culture in the United…

Business

December 1, 2024

Scott Bessent poised to lead economic policy in Trump’s administration

Robert K. Hightower

Scott Bessent, founder and CEO of Key Square Group LP, has been tapped by President-elect Donald Trump for the crucial role of Treasury secretary. The news has already sparked optimism…

Business

November 30, 2024

Trump announces new tariffs on Chinese goods, escalating trade tensions

Robert K. Hightower

US-China economic relations are facing new uncertainties after President-elect Donald Trump announced plans to impose an additional 10% tariff on all Chinese imports. The announcement, made on its social media…

Business