World News Guru

Bank of America to hire 1,000 more apprentices, invest $150M in workforce development Bank of America is expanding its skills-based hiring efforts, announcing Thursday that it will hire 1,000 additional apprentices over the next two years while investing $150 million in workforce devel... Read more: https://worldnewsguru.us/economy-news/bank-of-america-to-hire-1000-more-apprentices-invest-150m-in-workforce-development Originally published on World News Guru

Jaguar Land Rover recalls 23,000 SUVs over risk of sudden drive power loss Jaguar Land Rover expanded an existing recall to include an additional 23,677 vehicles over an electronic system error that may lead to the loss of drive power and exterior lighting, according to fede... Read more: https://worldnewsguru.us/economy-news/jaguar-land-rover-recalls-23000-suvs-over-risk-of-sudden-drive-power-loss Originally published on World News Guru

Why the Fed isn't ready to declare victory on inflation The Federal Reserve's decision to raise interest rates last week may mark the first of several hikes aimed at taming stubborn inflation, and one central bank leader weighed in on where inflation may g... Read more: https://worldnewsguru.us/economy-news/why-the-fed-isnt-ready-to-declare-victory-on-inflation Originally published on World News Guru

Florida Chamber gives JB Pritzker 'runner-up' for 'Economic Developer of the Year' award on Chicago billboards EXCLUSIVE: Whether heading into Chicago or leaving it behind on the Stevenson Expressway, commuters are driving past a new billboard campaign from Florida's top business lobby.Expanding its multimilli... Read more: https://worldnewsguru.us/economy-news/florida-chamber-gives-jb-pritzker-runnerup-for-economic-developer-of-the-year-award-on-chicago-billb Originally published on World News Guru

Northeast airport operations resume after telecom outage disrupts flights Transportation Secretary Sean Duffy said Monday evening that telecommunications lines have been repaired and airport operations across the Northeast are resuming, though travelers should continue to e... Read more: https://worldnewsguru.us/economy-news/northeast-airport-operations-resume-after-telecom-outage-disrupts-flights Originally published on World News Guru

Social Security recipients may get bigger benefit boost in 2027 Social Security beneficiaries are expected to see a larger cost-of-living adjustment (COLA) in 2027 than they received for this year, according to new estimates that follow the release of August infla... Read more: https://worldnewsguru.us/economy-news/social-security-recipients-may-get-bigger-benefit-boost-in-2027 Originally published on World News Guru

FAA grounds flights at major Northeast airports after fiber line cut An Amtrak construction crew accidentally cut a fiber-optic line in New Jersey, triggering a telecommunications outage that forced the Federal Aviation Administration (FAA) to pause flights across part... Read more: https://worldnewsguru.us/economy-news/faa-grounds-flights-at-major-northeast-airports-after-fiber-line-cut Originally published on World News Guru

FAA grounds planes at major airports for hours An equipment outage has grounded planes at some major airports in New York, New Jersey and Pennsylvania on Monday, the Federal Aviation Administration (FAA) said."The FAA is pausing flights into Phila... Read more: https://worldnewsguru.us/economy-news/faa-grounds-planes-at-major-airports-for-hours Originally published on World News Guru

Volkswagen recalls 208,000 SUVs over bolts that could cause steering loss Volkswagen Group of America is recalling more than 208,000 vehicles in the U.S. over a steering rack mounting bolt that can corrode and break, potentially causing a loss of steering control.The recall... Read more: https://worldnewsguru.us/economy-news/volkswagen-recalls-208000-suvs-over-bolts-that-could-cause-steering-loss Originally published on World News Guru

California entrepreneur warns billionaire wealth tax could trigger 'giant sucking sound' of business exits California entrepreneur Eric Schiffer warned that the state's proposed billionaire wealth tax could drive some of its most successful business leaders out of California, predicting a "giant sucking so... Read more: https://worldnewsguru.us/economy-news/california-entrepreneur-warns-billionaire-wealth-tax-could-trigger-giant-sucking-sound-of-business-e Originally published on World News Guru

Federal Reserve hikes interest rates for first time since 2023 amid stubborn inflation This story about the September 2026 FOMC meeting will be updated with further details.The Federal Reserve on Wednesday raised its benchmark interest rate for the first time in over three years amid co... Read more: https://worldnewsguru.us/economy-news/federal-reserve-hikes-interest-rates-for-first-time-since-2023-amid-stubborn-inflation Originally published on World News Guru

EU opens door to unprecedented 'associate member' status for Canada amid US trade spat European Commission President Ursula von der Leyen on Wednesday proposed opening the door for Canada to become the European Union's first "associate member," a significant step that could bring Ottawa... Read more: https://worldnewsguru.us/economy-news/eu-opens-door-to-unprecedented-associate-member-status-for-canada-amid-us-trade-spat Originally published on World News Guru

Popular So Delicious frozen dessert recalled over possible stone contamination A recall has been issued for So Delicious Dairy Free Salted Caramel Cluster Non-Dairy Frozen Dessert pints over the potential presence of foreign materials, including small stones and other hard objec... Read more: https://worldnewsguru.us/economy-news/popular-so-delicious-frozen-dessert-recalled-over-possible-stone-contamination Originally published on World News Guru

Stubborn inflation sets stage for Federal Reserve to hike interest rates The Federal Reserve is holding a closely watched monetary policy meeting this week as the market expects the central bank to hike interest rates amid concerns about stubborn inflation.Policymakers hav... Read more: https://worldnewsguru.us/economy-news/stubborn-inflation-sets-stage-for-federal-reserve-to-hike-interest-rates Originally published on World News Guru

Costco raises price of Kirkland motor oil and limits how much shoppers can buy Costco has raised the price of motor oil sold under its exclusive private-label Kirkland brand and is now limiting how much customers can purchase weekly amid rising oil prices.A 10-quart case of Kirk... Read more: https://worldnewsguru.us/economy-news/costco-raises-price-of-kirkland-motor-oil-and-limits-how-much-shoppers-can-buy Originally published on World News Guru

Consumer prices remained elevated in August ahead of Fed's next meeting Inflation remained elevated in August even as the pace of consumer price growth from a year ago remains elevated, as the Federal Reserve considers a potential interest rate hike next month.The Bureau ... Read more: https://worldnewsguru.us/economy-news/consumer-prices-remained-elevated-in-august-ahead-of-feds-next-meeting Originally published on World News Guru

Iran war costs US households $860 more in higher energy prices, economist says American consumers are facing higher costs as the war in Iran pushes energy prices higher, with U.S. households having spent over $100 billion more this year due to elevated gasoline and diesel prices... Read more: https://worldnewsguru.us/economy-news/iran-war-costs-us-households-860-more-in-higher-energy-prices-economist-says Originally published on World News Guru

Treasury to buy back up to $6B in longer-term debt as bond yields hit highest level since 2023 The Treasury Department on Wednesday revealed that it will buy back up as much as $6 billion in longer-dated U.S. debt in an operation this week.The agency's Bureau of the Fiscal Service announced tha... Read more: https://worldnewsguru.us/economy-news/treasury-to-buy-back-up-to-6b-in-longerterm-debt-as-bond-yields-hit-highest-level-since-2023 Originally published on World News Guru

Duffy puts Ford on notice over China ties, warns of security concerns Transportation Secretary Sean Duffy is accusing Ford Motor Co. of becoming too dependent on Chinese companies, warning CEO Jim Farley that the automaker's business ties to China threaten U.S. national... Read more: https://worldnewsguru.us/economy-news/duffy-puts-ford-on-notice-over-china-ties-warns-of-security-concerns Originally published on World News Guru

The US cities where home prices are falling the fastest The housing market is cooling as summer draws to a close and begins to transition into fall, with some cities around the U.S. seeing larger price decreases to attract buyers.Home sellers are moving to... Read more: https://worldnewsguru.us/economy-news/the-us-cities-where-home-prices-are-falling-the-fastest Originally published on World News Guru