Economy

Rep. Alexandria Ocasio-Cortez (D-NY) got slammed by critics on Twitter after she penned a tweet dissing Amazon’s expansion plans in New York City’s Hudson Yards.

31 advocacy groups are pressuring the FTC this week to investigate how so-called “kidtech” and digital media companies advertise to children and collect their data.

Tesla CEO Elon Musk was found not liable for defamation in a Los Angeles federal court on Friday.

Multinational automaker General Motors (GM) is planning to hire about 1,100 American workers in Lordstown, Ohio, for an upcoming electric vehicle battery plant while laying off more than 800 of its workers in Detroit, Michigan. 

The House quietly passed a bill on Dec. 3 to cracks open a faster route for wealthy Chinese to buy their way into U.S. citizenship by lending money to the U.S. real estate industry.

Immigration officials have quadrupled their workplace investigations into illegal hiring, so pressuring companies to offer more pay and more training to millions of young American workers in President Donald Trump’s “Hire American” economy.

Nancy Pelosi said the overwhelmingly positive November jobs report showing record-high U.S. employment “offers little solace” to Americans.

President Jair Bolsonaro responded to President Donald Trump imposing tariffs on Brazilian steel and aluminum by stating that the two remain “friends,” but refuting Trump’s claim that Brazil was manipulating its currency at America’s expense, the Argentine outlet Infobae reported on Thursday.

Friday on CNBC’s “Squawk Box,” network anchor Jim Cramer reacted to the announcement that the United States economy added 266,000 jobs for the month of November and the unemployment rate fell to 3.5%, which match the lowest level in 50 years.

Lawyers for Tesla CEO Elon Musk reportedly pressured British cave rescuer Vern Unsworth for criticizing Musk during a trial on claims of defamation after Musk smeared Unsworth as “Pedo Guy.”

Republicans and independents hold very favorable views about economic growth while Democrats remain mired in gloom.

Analyst Ming-Chi Kuo stated in a new investor note that Apple plans to introduce four new OLED iPhone models in 2020 and a new iPhone with no lightning port in 2021, which will “provide the completely wireless experience.” The Lightning port, the only port on most newer iPhones, is used for charging or connecting accessories like headphones.

A federal labor complaint has been filed against Google’s parent company, Alphabet, by the Communications Workers of America union. The complaint alleges that Google unlawfully fired four employees to prevent them from union organizing efforts.

The revival of U.S. manufacturing was one of Donald Trump’s central campaign promises and a key accomplishment of his first term in office.

While employment in the U.S. economy boomed in November, Canada saw its worst slump in a decade.

The total number of black men employed in the U.S. rose to the highest on record while unemployment held at record low.

E.U. officials have established tough hurdles for Facebook’s proposed cryptocurrency Libra as well as other private digital currencies, saying they shouldn’t receive regulatory approval until the risks they pose are better understood.

A recent study found that college students from high-income households are borrowing more money for school than students from households with lower incomes. The report added that students from wealthier families are responsible for some of the more drastic borrowing increases in recent years.

President Donald Trump boasted record economic numbers on Friday, recalling a political maxim used by advisers to former President Bill Clinton.

India’s ambassador on Wednesday acknowledged a meeting with Sen. Dick Durbin, the top Democrat who is blocking GOP Sen. Mike Lee’s S.386 bill that would accelerate the inflow of Indian graduates into the professional jobs sought by American graduates.

The imaginary recession of 2019 is over.

SAN FRANCISCO (AP) — Uber, as part of along anticipated safety report, revealed that more than 3,000 sexual assaults were reported during its U.S. rides in 2018.

Kushner recently met with Cui Tiankai, the Chinese ambassador to the United States, an anonymous White House official told Reuters.

A mysterious good Samaritan has secretly dropped a gold coin worth $1,200 into a Salvation Army kettle in Springfield, Ohio, for the fifth consecutive year.

British cave diver and Thai rescue hero Vern Unsworth testified on Wednesday during a defamation trial against Tesla CEO Elon Musk, saying that after Musk branded him “Pedo Guy” on social media, he felt he “was given a life sentence without parole. It hurts to talk about it.”

The latest sign that the U.S. manufacturing sector may be stabilizing after a tough couple of months.

A new report alleges that staff at Tesla’s Gigafactory in Nevada refused to cooperate with an investigation into massive copper thefts from the factory due to CEO Elon Musk’s worries about a “PR hit.”