For the first time in 61 years, there is a split between the class 1 freight railroads in how they are pursuing the next round of national talks with labor unions that begins on Friday. Formal national labor agreement negotiations with the rail worker unions, called, “national handling” have been conducted as a joint effort […]

One thing that attracts a lot of investors to cryptocurrency is the potential for quick and staggering price increases. For example, Bitcoin (CRYPTO: BTC) climbed 164% in the six months from October 2023 to April 2024. And while the leading cryptocurrency has mostly traded sideways since then, some analysts see another big price increase coming

Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, money market account (MMA) interest rates rose sharply. However, the Fed slashed the federal funds rate by 50 basis points in September. So deposit rates — including money market account rates — have started falling. It’s more

Hiring signs outside a Stewart’s gas station in Catskill, New York, US, on Wednesday, Oct. 2, 2024.  Angus Mordant | Bloomberg | Getty Images Powerful hurricanes and a major labor strike could take a chunk out of the nonfarm payrolls count for October, which is expected to be the slowest month for job creation in

A home equity loan can be an easy and relatively inexpensive way to access cash, but you will still pay a price. Borrowing against your home’s equity risks your home and prevents you from building wealth over the long term. Just like with a home equity line of credit (HELOC), taking out a home equity

People often think they don’t have any choice about taking the IRS-mandated required minimum distributions from their retirement accounts – but they do. While you can’t skip making the withdrawal they can choose how to time it in a way that works best for their individual financial situation. Required minimum distributions – RMDs, for short

Apple reported a profit and revenue beat for its fiscal fourth-quarter earnings on Thursday as Wall Street looked for early indicators of how the new iPhone 16 is selling with Apple Intelligence. Overall iPhone demand continued to be strong, with revenue growing 6% year over year to $46.2 billion, beating analyst estimates, though the company

The Association of Southeast Asian Nations (ASEAN) has continued to emerge as an economic winner of increasing geopolitical tensions between China and the United States, though risks from fragmentation remain, the International Monetary Fund (IMF) says. According to the U.N. agency, the region has long benefited from decades of globalization, building strong trade links with

While presidential ballots are being tallied and argued about, mortgage rates tend to sit still and wait. So rates are unlikely to move much in November until the result of this year’s presidential election is clear and broadly accepted — even if it takes time to reach a consensus. The elections of 2000 and 2020

Shares of Super Micro Computer (SMCI) fell an additional 15% on Thursday, trading at $28 per share, following the resignation of auditor Ernst & Young. Although the server company joined the S&P 500 in March 2024, this year hasn’t been smooth, and now it faces potential delisting from the Nasdaq. After receiving a non-compliance letter