The cost to build the new two-tube Gateway Tunnel between New York and New Jersey — and to rehabilitate the existing 112-year old tunnels there now — just bulked up to $16 billion, which officials of the agency building it blamed on inflation and supply chain issues. That cost is roughly $2 billion higher than …
Gateway tunnel to NYC will now cost $2B more. Officials blame inflation. Read More »
Check out what’s clicking on FoxBusiness.com. Pfizer recently launched a “Breakthrough Fellowship Program,” which includes a scholarship for a graduate degree and guaranteed employment, for students and “early career colleagues of Black/African American, Latino/Hispanic and Native American descent,” a requirement that could run afoul of federal law. The program, which aims to enroll 100 fellows …
Pfizer offers ‘Breakthrough Fellowship Program’ that excludes Asian and White applicants Read More »
Russian state-backed energy firm Gazprom is poised to hand a bumper £8.6bn payout to the Kremlin after notching up record profits. The company reported a net profit of 2.5tn roubles (£35.8bn) for the first six months of this year. Oil and gas prices soared during that period, pushed higher by concerns over supplies after Russia’s …
Gazprom to pay Kremlin £8.6bn after record profits | Gazprom Read More »
Oregon State Capitol building, May 18, 2021. The capitol was completed in 1938 and is topped with a gilded bronze statue of the Oregon Pioneer. Kristyna Wentz-Graff / OPB Oregon state economists on Wednesday delivered their most serious warning in years: The state’s surging revenue growth is about to end. Even if the state and …
Economists say Oregon’s financial good times may be ending Read More »
Millions of Californians are eagerly waiting for their “inflation relief” payments, aka Middle Class Tax Refund, as the October disbursement dates quickly approach. Despite regular coverage about who will get payments, when they will go out and how much each person can expect to receive, many people are still looking to have those questions answered. Fear not, …
CNN — The Wing, the once-buzzy social club and luxury coworking community geared towards women, has shuttered all of its remaining locations. The six-year-old startup, which had raised more than $100 million in funding towards building out its network of physical spaces that were intended to look and feel like feminist utopias, said its six …
The Wing, the once-buzzy women’s coworking community, has closed its doors Read More »
Former Chase chief economist Anthony Chan argues employment growth is ‘very, very strong’ as U.S. grapples with economic challenges. Federal Reserve Chair Jerome Powell reiterated a pledge last week to “forcefully” wrestle inflation under control, no matter the broader economic cost. But a paper released by researchers at Johns Hopkins University and the Chicago Federal …
Fed rate hikes won’t stop inflation if government spending stays high, paper says Read More »
United Refining Company and Gristedes CEO John Catsimatidis discusses inflation and ‘out of control’ crime in New York City on ‘Varney & Co.’ United Refining Company and Gristedes CEO John Catsimatidis revealed the “simple” solution to lowering inflation, which currently sits near 40-year highs. Speaking on “Varney & Co.” Wednesday, the billionaire businessman also revealed …
Billionaire oil refinery owner reveals ‘simple’ solution to lower inflation Read More »
NEWYou can now listen to Fox News articles! Just off of Times Square, in the heart of Midtown Manhattan, hangs a green, billboard-sized sign brightly displaying 14 digital numbers. Those numbers represent dollars and the sign is the famous National Debt Clock. Today, the Clock shows that America’s national debt is $30,000,000,000,000 and climbing. The …
My challenge to states: send COVID-relief money back Read More »
Forget inflation, Russian hackers, and competition from China. There’s a new existential threat to our economy. It’s called quiet quitting. And I know this how? Well, the PR pitch couldn’t have been more authoritative — or alarming. For some reason — divine intervention, I see now — I didn’t reflexively spike the e-mail without reading …
‘Quiet quitting’ is a serious threat to our way of life. Just ask Arianna Huffington. Read More »