U.S. economy


Import Prices Record Largest Monthly Advance Since June 2016

Money world

Imports Continuing to Become Expensive for Americans Import prices are continuing to go up as both fuel and non-fuel imports become increasingly expensive for Americans. According to the latest data by the U.S. Department of Commerce, import prices shot up 0.7% in September, posting their largest monthly increase since June 2016. On the trailing 12-month (more…)


Westinghouse Electric Company Confirms 1,500 Job Cuts by End of March

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More than a Thousand Layoffs by Early Spring Employees of the multinational conglomerate Westinghouse Electric Company LLC may finally know the number of layoffs that will take place during the company’s restructuring. CEO José Emeterio Gutiérrez, has confirmed that the Pennsylvania-based electrical and nuclear energy giant will shed 1,500 employees before the end of March 2018.