FENTON TOWNSHIP, Mich. — The viral pandemic has triggered a cascade of price hikes throughout America’s auto industry — a surge that has made both new and used vehicles unaffordable for many.
Prices of new vehicles far outpaced overall consumer inflation over the past year. In response, ...
NEW YORK — Kohl’s is fighting back against an investor group’s efforts to take control of the department store chain’s board, arguing that it would derail its progress and momentum.
The response, issued Monday, comes after the investor group said it had nominated nine members for ...
WASHINGTON — The GameStop saga has been portrayed as a victory of the little guy over Wall Street giants but not everyone agrees, including some lawmakers in Washington.
GameStop shares soared 1,600% in January before falling back to earth. Entangled in the drama are massive short-selling ...
WASHINGTON — Union activist Terrence Wise recalls being laughed at when he began pushing for a national $15 per hour minimum wage almost a decade ago. Nearly a year into the pandemic, the idea isn’t so funny.
The coronavirus has renewed focus on challenges facing hourly employees who have ...
WASHINGTON — Democrats pushed half of President Joe Biden’s $1.9 trillion COVID-19 relief plan through a House committee Thursday, advancing $1,400 payments for millions of Americans and other initiatives that Republicans call too costly, economically damaging and brazenly partisan.
The ...
WASHINGTON — The U.S. government’s budget deficit hit $735.7 billion through the first four months of the budget year — an all-time high for the period — as a pandemic-induced recession cut into tax revenues while spending on COVID relief measures sent outlays soaring.
The Treasury ...