Business
Shares of GameStop skyrocketed Monday after the same amateur trader who drove the 2021 meme stock frenzy over the video game retailer returned to social media. GameStop shares were up nearly 70 percent Monday morning, rising to roughly $30 per share from a Friday closing price of $17.39. GameStop shares had peaked at just under…
A record number of Americans are expected to travel by car this Memorial Day weekend, and airports could be busier than they’ve been since 2005, according to a forecast released Monday by AAA. The auto club anticipates 43.8 million people will travel 50 miles or more from home over the holiday weekend, surpassing pre-pandemic levels.…
Prime Minister Srettha Thavisin wants to upgrade Hua Hin airport, to accommodate more and international flights, and to change its name to “Petch Hua Hin”. During his inspection trip to…
The U.S. Trade Representative is revising how it defines trade barriers in its yearly report on international trade predictions, discarding ideas that the tech industry has valued for a long time and upsetting some of the largest business groups in the U.S. 'The NTE Report has gotten a lot of attention this year because we are…
Federal Reserve Chair Jerome Powell stated on Friday that he sees no evidence to believe that the U.S. economy is near a recession. “The economy is performing well,” Powell stated at a conference in San Francisco. “As I mentioned, the economy is in a good state. There is no cause to believe that the economy is in a recession…
Texas Attorney General Ken Paxton (R) is investigating a major supplier of aerospace company Boeing, whose flagship 737 MAX aircraft has been linked to a series of deadly accidents since 2018. “The potential risks associated with certain airplane models are deeply concerning and potentially life-threatening to Texans,” Paxton said in a statement. Paxton ordered Spirit Aerosystems…
The Social Security Administration (SSA) will implement a new rule aimed at removing barriers and increasing monthly payouts for those who receive certain government benefits, the government agency announced Wednesday. Beginning at the end of next September, the agency will no longer include food assistance when calculating one’s eligibility for Supplemental Security Income (SSI) monthly…
Restaurateurs in the North End who filed a lawsuit alleging that the city has been unfriendly to them by imposing restrictions on outdoor dining will have to wait longer to meet with the mayor to discuss how they can reach a compromise.
According to the new terms, the MBTA will pay up to $148 million extra to accommodate higher-than-anticipated costs related to the COVID-19 pandemic and disruptions in the supply chain, increasing the total contract value to over $1 billion.
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