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Shoppers Spending More at Retailers, Commerce Department Says

Unemployment is at a historic low, workers are gaining in pay and the stock market is setting records. All of that positive economic news convinced American shoppers to spend more...

Fed’s Rate Cut Wasn’t Slam Dunk Among Committee Members

Retail sales likely rebounded in September after a lackluster increase in the prior month. Core retail sales, which exclude the volatile auto and gas components, are expected to have...

Concern Over High Prices Causes Consumer Confidence in Economy to Slip

Americans had been feeling better about the economy in recent months. Now, though, their confidence is waning a bit. According to the University of Michigan’s most recent consumer  index, U.S, consumers...

Unemployment Applications Drop to Match More Recent Ranges

After a pair of massive hurricanes hit the southeast United States, filings for unemployment benefits jumped to their highest levels in more than a year. Last week, those numbers came...

Boeing Plans 10-Percent Cut in Workforce

Faced with a lingering strike by workers and suffering through cash struggles, Boeing Co. plans to cut some 10 percent of its workforce, among other financial decisions. In a memo...

7-Eleven Closing 444 Locations by the End of the Year

There are going to be hundreds of fewer 7-Eleven stores around the country by the end of the year, and the parent company of the ones that are left...
The audience at APACC’s Blood of the Dragon event was treated to a variety if cultural entertainment.

Enthusiastic Crowd Helps APACC Top Fundraising Goal at Annual ‘Blood of the Dragon’ Event

Competing with a playoff baseball game downtown, the Asian Pacific American Chamber still pulled off a Blood of the Dragon event that topped its fundraising goal.

Conflict Management in Your Family Business 

Differing opinions on business operations can lead to misunderstandings and potentially cause long-term damage. The key is to balance family love and support with the focus on business growth and a harmonious work environment.

U.S. Inflation Drops to Lowest Level Since 2021

The pace at which consumer prices rose last month didn’t show much of a change – they went up 2.4% in September from a year earlier as opposed to...

Social Security Recipients Getting a 2.5% Boost in 2025

It’s a smaller increase than the average over the last decade, but more than 72.5 million Americans are going to get a 2.5% cost-of-living allowance increase in their Social...

Weather, Boeing Strike Push Unemployment Claims to Highest Number in a Year

More Americans are filing for unemployment benefits than at any time in the last year. But analysts don’t necessarily think it has as much to do with a softening of...

September Jobs Report Stronger Than Expected 

Nonfarm payroll employment rose 254,000 in September, much better than the 150,000 consensus forecast, while July and August numbers were revised up a net 72,000 jobs, too. With these...

Stellantis Shakes Up Management Team

AMSTERDAM – To drive simplification and enhance organizational performance in a turbulent global environment, Stellantis announced targeted management changes, effective immediately, under the leadership of CEO Carlos Tavares to “redouble...

Trump Touts Auto Industry Plans, Tax Cuts

Former President Donald Trump talked about his plans for the auto industry and the economy during a speech at the Detroit Economic Club.

Equity, Inclusion Take Center Stage at Corp! Magazine Diversity Conference

DE&I efforts and the idea of civiity in the workplace were the hot topics at Corp! Magazine's 17th annual Salute to Diversity Conference.

Debate Rages on Impact of Ending Taxes on Tips

Industry experts are debating the pros and cons of elminating taxes on tips paid to hospitality workers.

U.S. Economy Showed 3% Second-Quarter Growth

The Commerce Department initially reported the U.S. economy grew at a healthy rate in the second quarter, and saw no reason to change its mind when it consider a...

Consumer Confidence Took a Dip in September

With concerns over jobs rising a little, the confidence of the American consumer appears to be waning. According to business research group the Conference Board, its consumer confidence index fell...

Mortgage Rate Decline Boosting Housing Market

The third and final estimate of second quarter GDP, the Personal Income and Outlays report for August, and S&P Global’s Flash PMIs are the most important economic data releases...

Unemployment Applications Fell to Lowest Point Since Mid-May

Applications for unemployment assistance not only fell to rates not seen since the spring, but also were lower than what most economists were expecting. According to statistics released by the...
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