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Business and Economic News

War in Gaza is testing Israel's economy. A 2nd front against Hezbollah could break it

War in Gaza is testing Israel's economy. A 2nd front against Hezbollah could break it

Israel's military has closed towns and workplaces near the Lebanon border and 60,000 residents have fled, freezing the regional economy. But a full-blown war with Hezbollah could affect all of Israel.
by Becky Sullivan

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Fox News stops running MyPillow commercials in a payment dispute with election denier Mike Lindell

Fox News stops running MyPillow commercials in a payment dispute with election denier Mike Lindell

In an interview with The Associated Press, Lindell acknowledged that MyPillow owes money to Fox. He put the figure at $7.8 million, but he insisted that the sum is within his credit line with the network.
by The Associated Press

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Secret recording shows NRA treasurer plotting to conceal extravagant expenses involving Wayne LaPierre

Secret recording shows NRA treasurer plotting to conceal extravagant expenses involving Wayne LaPierre

Audio obtained by The Trace and ProPublica reveals, in real time, the gun lobbying group enacting a plan that would conceal payments for fancy hotels, limousines and other luxury expenses connected to its longtime CEO for a decade.

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A recent lawsuit alleges 'excessive' defects at Boeing parts supplier

A recent lawsuit alleges 'excessive' defects at Boeing parts supplier

The lawsuit doesn't specifically mention door plug systems like the one that failed last week. But it adds to the scrutiny of Spirit AeroSystems, which has been linked to other problems.
by Bill Chappell

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What's up with all the labor strikes? And are wins for workers paying off? An expert explains

What's up with all the labor strikes? And are wins for workers paying off? An expert explains

Right now in Minnesota, the desires of rideshare drivers, janitorial workers, airport employees, teachers and more hang in the balance of negotiations and contract expirations. But are these strikes paying off? And are the wins for workers worth it?
by Cathy Wurzer and Gracie Stockton

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U.S. inflation edges up, fueled by food and housing prices, but many other costs rise only mildly

U.S. inflation edges up, fueled by food and housing prices, but many other costs rise only mildly

Higher rents and food prices boosted overall U.S. inflation in December, a sign that the Federal Reserve’s drive to slow inflation to its 2 percent target will likely remain a bumpy one. 
by The Associated Press

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