The rise of gig workers is changing the face of the US economy
Labor market experts say the number of gig workers is growing, and their alternative working arrangements are rippling through the economy.
1970-01-01 08:00
'It comes up on you fast:' Scorching heat is crushing American businesses
A 119-degree day in Phoenix hits like a blast of hot air from the oven with no relief in sight, and for a business owner like Lyn Thomas, there's hardly any avoiding it.
1970-01-01 08:00
Europeans are still flocking to the scorching Mediterranean. But extreme heat could dent bookings in future
Spain and Italy may still be among the most popular destinations for Europeans to take their vacations, but there are signs scorching weather in southern Europe has started to change travelers' calculations on where to go in the future.
1970-01-01 08:00
A 10-day UPS strike could be the costliest in US history
A 10-day UPS strike could cost the US economy $7.1 billion. That could make it the costliest work stoppage ever in US history, according to an estimate from a Michigan economic research firm that studies the costs of labor disruptions.
1970-01-01 08:00
Working from home could wipe $800 billion from office values globally
Remote work risks wiping $800 billion from the value of office buildings in major cities worldwide by 2030 as the post-pandemic trend pushes up office vacancy rates and drives down rents, according to a new report.
1970-01-01 08:00
The US economy can't function smoothly without UPS. That's why a strike will hurt
The last time United Parcel Service went on strike in 1997, Amazon was still just a jungle in South America to most US consumers. If they went online at all, they probably did it via dial-up modem, and rarely to shop.
1970-01-01 08:00
The gutting of affirmative action is a 'clear and present danger' to equal education, critics say
The Supreme Court's landmark decision to bar colleges and universities from considering race as a specific basis for admission will make it more difficult for schools to achieve a diverse student population, civil rights leaders and education advocates say.
1970-01-01 08:00
Climate event El Niño could hit the economy from food prices to clothing sales this year
The phenomenon not only has an impact on weather conditions, but studies also show it can cause ripple effects throughout the global economy, impacting everything from food prices to tourism to the number of winter jackets sold in a given year.
1970-01-01 08:00
How will the Federal Reserve's rate hike pause affect the dollar?
The Fed's rate hiking campaign has helped pump up the US dollar, maintaining an unexpected strength that reverberates across the economy. However, with the Fed's pause, many experts believe the dollar's muscle may start to give out.
1970-01-01 08:00
Will the I-95 collapse in Philadelphia hurt the economy? Look at other cities for answers
A section of northbound I-95 in Philadelphia collapsed Sunday after a tanker truck caught fire underneath the highway. The southbound side is also "compromised by heavy fire," city officials said Sunday.
1970-01-01 08:00
Canada's wildfire season is off to an 'unprecedented' start. Here's what it could mean for the US
Canada's fire season is only just beginning. If it follows the pattern of a normal year, it will peak in the hotter months of July and August.
1970-01-01 08:00
Russia's war in Ukraine is undermining global efforts to tackle the climate crisis, new report finds
The war in Ukraine has brought an enormous human toll: Thousands of civilians have been killed, millions have been forced to flee overseas, it has destroyed homes, schools and hospitals. But beyond the immediate, visceral impacts, the conflict is also causing a climate disaster at a time when the world is already struggling to meet climate goals, according to a new report.
1970-01-01 08:00