Natural gas prices have doubled this year and are expected to continue to rise, resulting in larger winter heating bills for some consumers and higher costs for electric utilities. Natural gas is plentiful in the United States and has...
Lululemon Athletica (NASDAQ:LULU) reported powerful results for its second quarter of fiscal 2021 (which ended Aug. 1) after the market close on Wednesday. Shares of the athletic wear and athleisure wear retailer were up 11.8% at 11:58 a.m. EDT...
Amazon said Thursday it would soon offer free college tuition for more than 750,000 hourly employees in its latest effort to lure workers in a tight labor market. Beginning in January, the e-commerce giant said it would cover the...
Job openings outnumbered the unemployed by more than 2 million in July as companies struggled to fill a record number of vacancies, the Labor Department reported Wednesday. The department’s Job Openings and Labor Turnover Survey, which the Federal Reserve...
The Biden administration said on Wednesday the U.S. could get nearly half its electricity from solar power by 2050 if the country can squeeze carbon emissions out of the power grid and quickly electrify other segments of the economy that rely on...
U.S. businesses are experiencing escalating inflation that is being aggravated by a shortage of goods and likely will be passed onto consumers in many areas, the Federal Reserve reported Wednesday. In its periodic “Beige Book” look at the nation’s...
Fusion took a key step forward in its movement from the lab to commercial viability with the successful test of a key technology — a very powerful magnet that uses very little energy. Commonwealth Fusion Systems (CFS) and Massachusetts...
Now might be a good time for the Federal Reserve to start worrying about inflation. August’s jobs report, besides being a big disappointment on the 235,000 headline number, also showed that wages are rising even with weak hiring.
At just 17 years old, Sukone Hong has realized his entrepreneurial dream by building not one but two businesses. The first, a South Korean fashion brand of which he is CEO, has made over $1 million in sales this...
Hedge fund tycoon George Soros condemned BlackRock's recent billion-dollar investment in China in a Monday op-ed published by The Wall Street Journal. Soros called BlackRock's recent decision to introduce mutual funds in the country last month a "tragic mistake"...
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