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Economy

Credit crunch worries at 10-year plus high, New York Fed survey says

by Betti Alver

Choochart Choochaikupt | Istock | Getty Images American consumers are worried about access to credit amid persistently higher interest rates and tighter standards at banks, according to a New York …

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New Ford EV battery plant brings jobs, debates to small town Michigan

by Francesco Algarotti

MARSHALL, MICH. – On a gusty morning in a quaint central Michigan town, the sun’s glow hits the brightly colored mural on the side of a brick building. It reads, …

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Germany predicted to be the only major European economy to contract

by Betti Alver

A metalworker grinding a peace of metal is pictured in a forge in Klitten, Germany. Manufacturing activity has struggled this year. Florian Gaertner | Photothek | Getty Images Germany is …

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Two tech companies strike deal for purchase of San Jose office site

by Claribel Alegria

SAN JOSE — A tech company has bought a San Jose site from another tech firm in a deal that reinforces that a post-coronavirus pandemic malaise still afflicts parts of …

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How more homeless encampments in Ontario signal a housing crisis out of control

by Peter Abrahams

Homeless encampments have been multiplying across Ontario since the pandemic, but experts say this visible symptom of the national housing crisis has been a long time coming. With limited shelter …

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Why Saudi Arabia is betting big on soccer

by Betti Alver

Soccer in Saudi Arabia has entered a new era — the era of having global superstars play on Saudi turf. The 31-year-old Brazilian soccer star Neymar just became the latest …

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International travel surges while domestic airfares, hotel rates lag

by Leila Aboulela

Women pose for a photo while holding an ice cream at Trevi fountain during hot weather as a heat wave hits Europe in Rome, Italy, July 19, 2022.  Guglielmo Mangiapane …

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Taylor Swift is single handedly giving a boost to hotel industry revenue

by Leila Aboulela

Taylor Swift performs during her Eras Tour in Cincinnati, Ohio on June 30, 023. Taylor Hill/tas23 | Getty Images Entertainment | Getty Images Taylor Swift is providing a gold rush …

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Big San Jose office project could be converted to housing highrise

by Claribel Alegria

SAN JOSE — A big office tower that’s proposed for a choice site in San Jose could morph into a housing highrise, the project’s principal developer says, a fresh indicator …

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How to use AI to plan a vacation? Companies are bringing it to you

by Leila Aboulela

According to a global survey of more than 5,700 travelers commissioned by Expedia Group, the average traveler spends more than five hours researching a trip and reviews 141 pages of …

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