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GM to Invest $4 Billion in its U.S. Manufacturing Plants
General Motors announced plans to invest about $4 billion over the next two years in its domestic manufacturing plants to increase U.S. production of...
JetZero Building $4.7 Billion Plant in North Carolina
GREENSBORO, N.C. –– JetZero, the aerospace start-up pioneering an all-wing design airplane, joined North Carolina Governor Josh Stein, state officials and honored guests in announcing...
Door Dash Buying Advertising Tech Firm for $175 Million
DoorDash Inc. is buying advertising tech firm Symbiosys for $175 million, bolstering an ad business that now generates more than $1 billion annually.
Symbiosys, founded...
Cheaper Gas, Rent Lead to Small Inflation Increase
Gas was cheaper and rent was lower last month, but the cost of groceries was up a bit, as were the prices for some...
First-Time Jobless Claims Remain at 8-Month High
It was a good news-bad news week in terms of first-time filings for unemployment benefits.
The good news is the number of Americans filing for...
Inflation Data Driving Economic Narrative
Inflation data is driving the economic narrative this week. The CPI and PPI probably rose modestly in May due to lower energy prices, while...