A 10-day UPS strike could be the costliest in US history
A 10-day UPS strike could cost the US economy $7.1 billion. That could make it the costliest work stoppage ever in US history, according to an estimate from a Michigan economic research firm that studies the costs of labor disruptions.
2023-07-14 19:52
Working from home could wipe $800 billion from office values globally
Remote work risks wiping $800 billion from the value of office buildings in major cities worldwide by 2030 as the post-pandemic trend pushes up office vacancy rates and drives down rents, according to a new report.
2023-07-13 20:15
The US economy can't function smoothly without UPS. That's why a strike will hurt
The last time United Parcel Service went on strike in 1997, Amazon was still just a jungle in South America to most US consumers. If they went online at all, they probably did it via dial-up modem, and rarely to shop.
2023-07-07 21:27
Canada's wildfire season is off to an 'unprecedented' start. Here's what it could mean for the US
Canada's fire season is only just beginning. If it follows the pattern of a normal year, it will peak in the hotter months of July and August.
2023-06-10 15:26
'The mother of all crises.' A US debt default would ricochet around the world
The global economy has been hit by two huge shocks in three years. It might be about to suffer a third in the shape of a US debt crisis.
2023-05-26 22:17
How tornadoes, crypto and mudslides pushed up the debt default deadline
The so-called X-date, or the day the US government can no longer pay its bills, may be on an accelerated timeline because the federal government collected less money on Tax Day in April than it had anticipated.
2023-05-20 05:24
What happens when $2 trillion is sucked out of the global economy? It may not be pretty
Central banks have been credited with averting a global depression twice over the past 15 years: Once after the 2008 financial crisis, and again at the height of the coronavirus pandemic.
2023-05-19 23:54