An inflation gauge closely tracked by the Federal Reserve shows price pressures continue to cool

Angry Googlers are finished being nice. Current and former employees of the tech behemoth took to LinkedIn to vent their frustrations at the way management has handled the most recent round of layoffs — with one software engineer blasting higher-ups as lacking “one single visionary leader.” “From the C-suite to the SVPs to the VPs,…

Sales of previously occupied US homes sank in 2023 to a nearly 30-year low as mortgage rates climbed to the highest level in more than two decades and prices hit record highs, pushing homeownership out of reach for many Americans. The National Association of Realtors said Friday that existing US home sales totaled 4.09 million…

In 2018, Anna-Lisa Miller was working with agricultural cooperatives in Hawaii, helping them reinvest in their communities through shared ownership. Ms. Miller, who had gone to law school and had planned to do civil rights litigation, loved the principle of workers partaking in the financial success of their employers, and the next year joined Project…

Court orders property developer China Evergrande Group to liquidate after it was unable to reach a deal with creditors

LONDON — A major nuclear plant that Britain’s government hopes will generate affordable, low-carbon energy could cost up to 46 billion pounds ($59 billion), and the completion date could be delayed to after 2029, the firm developing it said Wednesday. The U.K. government says nuclear projects like the Hinkley Point C plant are a key…

The Los Angeles Times said on Tuesday it would lay off about 115 journalists, slashing its newsroom by more than 20 percent after a tumultuous few weeks that saw top editors depart and workers strike. Patrick Soon-Shiong, the billionaire owner of The Los Angeles Times, said in an interview with his paper that it was…