Rep. Jim Jordan’s bid to become speaker of the U.S. House of Representatives failed Wednesday for the second time in as many days, dealing a devastating blow to the Ohio Republican’s chances as a potential leader. Jordan’s inability to secure the gavel after two rounds of voting raises doubts about whether House Republicans can find …
Construction workers erect a building in downtown Miami, Florida, on June 14, 2023. Jim Watson | AFP | Getty Images Architecture firms witnessed a significant decline in business during September, signaling potential further downturns in the commercial real estate market over the next year. The AIA/Deltek Architecture Billings Index fell to a record-low score of …
A contractor works on a new home under construction in Tucson, Arizona, on Tuesday, Feb. 22, 2022. Rebecca Noble | Bloomberg | Getty Images Builder confidence in the market for single-family homes has reached its lowest point since January, facing the challenges of high mortgage rates and financing costs. In October, the National Association of …
U.S. President Joe Biden gestures as he boards Air Force One at Delaware Air National Guard Base, in New Castle, Delaware, U.S., April 25, 2022. Tasos Katopodis | Reuters WASHINGTON — President Joe Biden is set to embark on a crucial trip to Israel on Wednesday, aiming to de-escalate the ongoing conflict between Israel and Hamas. The …
Walking past the International Monetary Fund (IMF) headquarters in Washington DC on October 5, 2023, pedestrians couldn’t ignore the billboard announcing the annual meetings of the World Bank Group and IMF. The significance of this event was not lost on top economists and central bankers, who find themselves in agreement about one thing: interest rates …
Janet Yellen, United States Secretary of Treasury, participates in a global infrastructure and investment forum in New York on Thursday, September 21, 2023. Pool | Via Reuters U.S. Treasury Secretary Janet Yellen affirmed that the country can “absolutely” afford to provide financial support to both Israel and Ukraine in their respective war efforts. President Joe …
A sign is posted in front of an apartment building with available rentals on June 09, 2023 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Two federal consumer protection agencies have reached a historic $23 million settlement with credit reporting firm Trans Union LLC and its subsidiary for failing to …
Rep. Steve Scalise (R-LA) waits to speak during a news conference after a caucus meeting with House Republicans on Capitol Hill May 10, 2023 in Washington, DC. Drew Angerer | Getty Images Republican lawmakers remained divided Thursday after nominating Rep. Steve Scalise as their candidate for speaker of the House of Representatives, raising the prospect …
Healthcare workers strike in front of Kaiser Permanente Los Angeles Medical Center, as more than 75,000 Kaiser Permanente healthcare workers go on strike from October 4 to 7 across the United States, in Los Angeles, California, October 4, 2023. Aude Guerrucci | Reuters More than 85,000 health workers have reached a tentative labor agreement with …
The exterior of a Dollar General convenience store is seen in Austin, Texas, on March 16, 2023. Brandon Bell | Getty Images Dollar General’s former CEO Todd Vasos is reemerging from retirement to lead the company, aiming to revive its growth and address allegations of unsafe working conditions. Vasos, who served as Dollar General’s CEO …