Philadelphia-Based Republic First Bank Collapses in First Bank Failure of 2024
Philadelphia-based Republic First Bank was seized by federal regulators and taken over by Fulton Financial, in the first bank failure of 2024.
IRS $600 Reporting Rule: What Online Sellers Need to Know
IRS requiring individuals who earn over $600 for transaction of goods and services through third-party payment platforms to report income with 1099-K tax form.
Ford to Scale Down EV Production, Transfer Crew to Gas Vehicle Assembly Plant
Ford Motor Company will transfer some workers from the F-150 Lightning assembly line at Rouge Electric Vehicle Center to another plant for gas-powered vehicles.
Federal Reserve Leaves Interest Rates Unchanged, Signals 3 Cuts This Year
The Federal Reserve kept interest rates unchanged at the FOMC policy meeting but officials signaled that three rate cuts were still planned for this year.
US Inflation Hotter-Than-Expected for 4th Straight Month
U.S. annual inflation rate came in hotter than expected for 4th consecutive month in March, suggesting inflation fight could be bumpy road for Federal Reserve.
Boeing Has Been Prioritizing Production Over Safety, FAA Chief Says
FAA chief Michael Whitaker said that his impression from visiting Boeing’s facilities suggests that there are issues within the aerospace giant’s safety culture.
Reassert ‘Patriotism and Sovereignty’: Reject the WTO
Reagan embraced traditionally conservative notions of fairness in foreign trade, negotiating quotas and tariffs on everything from Japan’s cars to clothespins.
JPMorgan Agrees to Settle With Jeffrey Epstein Victims
JPMorgan Chase has reached an "agreement in principle" with women who accused the bank of facilitating Epstein’s sex trafficking operation to settle lawsuit.
