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Business

U.S. hikes royalty fees for drilling on federal lands for first time in a century

imaginima/E+ via Getty Images The Biden administration said Friday it is broadly increasing the costs for oil and gas companies…

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Business

JPMorgan hikes dividends after Jamie Dimon knocks Jerome Powell’s plan for higher capital requirements

JPMorgan Chase & Co. unexpectedly lifted its dividend 9.5% in the wake of a record annual profit and as regulators…

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Business

Japan’s central bank hikes interest rate after 17 years, scraps yield curve control

gaffera/E+ via Getty Images The Bank of Japan (BOJ) has raised interest rates by 0.10%, marking the end to its…

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Food & Drink

Cattle inventory shrinks to lowest in 73 years, stoking fears of price hikes

U.S. cattle continue to dwindle following a period of drought and high input costs that pressured ranchers to sell off…

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Most Shared

New Jersey governor’s middle-class legacy on the line as fare hikes and tax increases loom

The tip of the spear came on Wednesday, when Murphy’s administration said it needs to hike fares by 15 percent…

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Business

How bad is ‘greedflation,’ really? The price hikes may be impossible to bring down, central banker says

First, there was the “greedflation,” then there was the hangover as companies refused to admit they had raised prices too…

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Politics

Nearly 10 million Americans will get raises from minimum wage hikes in 2024: study

A new year will bring more pay for millions of Americans, according to a new study from the Economic Policy…

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Business

Fed expected to keep interest rates unchanged—does that mean rate hikes are over?

With inflation edging closer to the Federal Reserve’s 2% target, its policymakers are facing — and in some cases fueling — hopes…

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Business

U.S. salary hikes to stay high in 2024 amid push to retain talent – survey

Andrii Dodonov U.S. employers’ desire to stay competitive for talent appears to be offsetting looming economic uncertainty as they plan…

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Business

Joe Biden gives a rare take on interest rates by saying the latest jobs numbers show the economy is in a ‘sweep spot’ and that rate hikes aren’t needed

President Joe Biden said Friday’s jobs report shows the labor market remains resilient as inflation continues to ease, an economic…

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