America’s strong dollar is hurting everyone else

The greenback is up more than 10% in 2022 compared to other top currencies — near its highest level in two decades — as investors worried about a global recession have rushed to scoop up dollars, which are considered a safe haven in turbulent times. Adding to the dollar’s appeal is the Federal Reserve’s aggressive … Read more

Impending passage of Democrats’ climate and tax bill is a ‘boondoggle’: Mike Rounds

Republican South Dakota Sen. Mike Rounds on Sunday labeled the impending passage of a Democratic tax, climate and health bill for a “boondoggle” for the country. Rounds was responding to ABC “This Week” anchor George Stephanopoulos, who asked him in an exclusive interview immediately after Delaware Democrat Chris Coons appeared: “We just heard Sen. Coons … Read more

Walmart Is Facing Inflation, Overstock, and Overstaffing

Walmart has nixed hundreds of corporate roles. The company has repeatedly sounded the alarm about inflation and economic uncertainty. Given Walmart’s influence and reach, its struggles could indicate industry-wide struggles for retailers. Loading Something is loading. Walmart made a major splash Monday when it laid off around 200 corporate employees – a move that indicates … Read more

Chainlink Staking: A New Chapter in the LINK Economy

Key Takeaways Chainlink is crypto’s top decentralized oracle network, known for providing price data to power DeFi applications. The network is planning to launch a token staking and node delegation system. The updates could help make Chainlink more secure and decentralized, potentially sparking renewed interest in the project. Share this article Plans to grow Chainlink’s … Read more

Buffett’s firm reports $44B loss but its businesses thrive

OMAHA, Neb. (AP) — Warren Buffett’s company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted, but Berkshire Hathaway’s many operating companies generally performed well suggesting the overall economy is weathering the pressure from inflation and rising interest rates. Berkshire said Saturday that a largely unrealized $53 … Read more

Progressive groups take aim at Sinema over decision to remove carried interest tax loophole from Manchin bill

NEWYou can now listen to Fox News articles! Progressive groups across the country are at odds with a decision made by Sen. Kyrsten CinemaD-Ariz., to remove the carried interest tax loophole from a social spending and tax bill that is expected to pass through the Senate, claiming she is providing a “tax break” for the … Read more

Worker dies at Gary Works steel mill | Northwest Indiana Business Headlines

GARY — A worker died while on the job at the Gary Works steel mill Friday night. United Steelworkers Union District 7 Director Mike Millsap said the death did not appear to have been the result of an industrial accident. A 39-year-old electrician collapsed and died while working on a crane at the 84-inch hot … Read more