Just Business – Latest News and Analysis – Page 2 | Straight Arrow News

It's taking Americans a decade longer to buy their first homes compared to previous generations as boomers dominate the home-buying market.

The average home buyer is 56 years old as first-time buyers fall to historic lows

The U.S. economy added just 12,000 jobs in October after huge gains in September. Two major strikes and two hurricanes affected the survey.

Economy adds 12,000 jobs in last report before election amid hurricanes, strikes

Apple is expected to see a 20% boost in iPhone sales in China when it reports earnings. Meanwhile, more phones are being assembled in India.

What Apple’s big iPhone surge in China tells us about China relations

Microsoft is publicly rebuking its competitor, accusing Google of setting up a fake grassroots campaign to discredit Microsoft overseas.

Microsoft accuses Google of ‘shadow campaigns’ to influence EU regulators

Robinhood opens its trading app to betting on the presidential election a week out from the big day. Here's how it works.

You can now bet on Trump or Harris winning the election on Robinhood

Industry trade groups filed a lawsuit to block the FTC's "click-to-cancel" rule that would make it easier to cancel subscriptions.

Trade groups sue FTC to block Khan’s ‘click-to-cancel’ rule

A prominent short seller claimed Roblox is overinflating its numbers and allowing predators to flourish on its platform.

Roblox responds to report it attracts pedophiles and lies to investors

Boeing's new CEO Kelly Ortberg announced the company will layoff 17,000 employees in the coming months as machinists remain on strike.

Boeing lays off 10% of workforce as strike enters fifth week

With back-to-back hurricanes devastating a large part of the Southeast, there are two sides to the storm economy.

Economy may reel from hurricanes for 6+ months, Fed president says

Price increases in food and shelter accounted for 75% of all monthly inflation in September. Annually, consumer prices rose 2.4%.

Inflation cools for sixth month in September but food and shelter stay hot

September's jobs numbers came in way above expectations, and unemployment dropped to 4.1%. Food services and construction helped pave the way.

September surprise: US adds 254,000 jobs, unemployment dips to 4.1%

Sen. Elizabeth Warren says John Deere is leaving out critical information in its equipment manuals that could violate the Clean Air Act.

Sen. Warren says John Deere is breaking promises with right to repair

The value of X, formerly known as Twitter, has fallen by 79% in the two years Elon Musk has owned it, according to valuations by Fidelity.

X is worth 79% less than when Elon Musk bought it for $44 billion: Report

An impending port strike by 85,000 longshore workers could cost the U.S. economy billions per day if a deal is not soon reached.

If port workers go on strike, here’s when one expert says Biden should step in

The Department of Justice filed a federal antitrust lawsuit against Visa Tuesday. Former FTC Chair Bill Kovacic gives his take on the case.

Antitrust expert on Visa case: ‘It’s not enough to be big, you have to be bad’

Former USC superstar Reggie Bush filed a lawsuit against the NCAA, his university and the Pac-12 for "uncompensated" NIL money.

Heisman winner Reggie Bush sues for NIL money 2 decades after playing

Oracle co-founder Larry Ellison briefly eclipsed Amazon's Jeff Bezos to become the No. 2 richest person in the world. But what's Oracle do?

Who’s Larry Ellison and what’s Oracle? Bezos challenged as No. 2 richest

The Federal Reserve cut its key rate by a jumbo 50 basis points Wednesday, attempting to shore up concerns about the U.S. economy.

Federal Reserve cuts rate by 50 bps ending hike cycle that started in 2022

Former President Donald Trump "launched" World Liberty Financial, a cryptocurrency business promoted by members of his family.

Trump boosts his crypto chops with a new private venture

Is there any credence to the idea that great music points to future economic strife? Tune in to the "recession pop" phenomenon.

‘Recession pop’: Can great music signal an economic downturn?

Former President Donald Trump proposed eliminating taxes on overtime pay, adding to his existing promises of tax elimination and tax cuts.

Tack on one more to Trump’s tax-cut pledges: No tax on overtime pay

Inflation continued to slow in August as consumer prices rose 2.5% annually. The Fed is likely to make its first rate cut of the year next week.

Inflation cools to 2.5% in August but monthly core prices came in hotter

The European Court of Justice ruled against both Apple and Google on Tuesday. Now the two companies face billions of dollars in fines.

Apple and Google lose billions in back taxes, EU fines across the pond

Airbnb says New York City's short-term rental restrictions didn’t have the intended impact on rent and it’s time to re-evaluate the rules.

Airbnb calls on New York to roll back short-term rental restrictions

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