Democrat Bob Casey concedes Pennsylvania Senate race to Dave McCormick, ending recount
to the desired level. The Federal Reserve has used a variety of tools to try to get inflation down to its target rate, including interest rate cuts and quantitative easing. However, the central bank has also indicated that it is willing to keep inflation slightly above its target if needed to achieve other policy goals. […]Read More
Yes, the Rite Aid bankruptcy will mean that pharmacies will keep dwindling. However, it is also important to note that the chain will be transitioning some of its stores to Walgreens, which may help to offset the losses slightly. Additionally, some of the Rite Aid stores may become independent pharmacies dependent on individual owners, potentially […]Read More
. Analysts point out that while tensions in the Middle East might lead to higher oil prices, this should not substantially increase the US retail price at the pump. Given that the US does not buy energy from the Middle East, the current conflict does not lower the domestic supply of crude oil, meaning that […]Read More
plans Yes, Hollywood and automotive strikes have been denting business travel plans. These strikes have resulted in some business fleets having to rent cars, causing prices to rise, and some businesses have had to cancel travel plans altogether. Additionally, some film industry workers are having to cut back on travelling for location shoots due to […]Read More
Workers at Amazon’s Saudi Arabia facility say they were lured to the country with promises of high wages and good conditions, only to be exploited and threatened with being sent home or even killed by their recruiters when they requested payment. According to interviews with 16 current and former employees of the firm, which manufactures […]Read More
offer On February 10th, 2021, hundreds of Mack Trucks employees in Pennsylvania and Maryland went on strike after rejecting a proposed union contract offer from the company. The striking workers are protesting the company’s proposed changes to their health care plans, retirement benefits, and holiday policies. The striking workers have been vocal about their desire […]Read More
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