Modern Business America - Modern Business America

US Inflation Rate Slows as Fuel Costs Fall The rapid rise in consumer prices is slowing in the US, as the costs of energy, used cars, medical care and airfare fall. US inflation was 7.1% over the 12 months to the end of November,…
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CPI: US Inflation Falls to Lowest in More Than a Year A sharp drop in energy prices, in particular petrol, is helping to ease cost-of-living pressures in the US. US inflation was 6.5% over the 12 months to the end of December, down from…
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Does Easing US Inflation Point the Way for the World? The US helped spark a global surge in the cost of living. Now that the country's price inflation shows signs of easing, does it point the way for the rest of the world? The US was…
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US Senators Urge Joe Biden Not to Sell ‘Scarce’ Nuclear Submarines to Australia Democrat and Republican lawmakers reportedly warned president that Aukus security pact could stress US submarine industrial base ‘to breaking point’ Two top…
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Australia Almost No Chance to Buy Any Submarine From Current US Building Program, Experts Say Latest report to US Congress reveals the superpower will struggle to meet its own submarine-building targets for decades Australia has close…
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U.S. Approval of Labor Unions at Highest Point Since 1965 STORY HIGHLIGHTS 71% of Americans now approve of labor unions 40% of union members say their membership is "extremely important" Employee engagement higher among nonunion…
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Oil Company Profits Boom as Americans Reel From High Fuel Prices ExxonMobil posts second-quarter profits of $17.85bn – four times last year’s figure – with Chevron making $11.62bn The US’s biggest oil companies pumped out record profits…
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American Businesses Struck by India's Rapid Digitalisation: S Jaishankar American businesses are struck by how much more digital India has become and there is an appreciation of the ease of doing business in the country, External Affairs…
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Bank of America Study Finds 84% of Employers Now Say Offering Financial Wellness Tools Helps Increase Employee Retention 97% of employers feel responsible for employee financial wellness, with 91% seeing higher employee satisfaction when…
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EXPLAINER: What Are Special Counsels and What Do They Do? The appointment of a special counsel to oversee the Justice Department probes into the discovery of classified documents at the home and former office of President Joe Biden has…
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