Daniel J. Graeber

U.S. second quarter GDP revised lower to 2.1%

U.S. News // 1 year ago

U.S. second quarter GDP revised lower to 2.1%

Gross domestic product over the three months ending in June was revised lower by 0.3% to 2.1% as investments dry up, the U.S. Commerce Department reported Wednesday.

Electric eels hold clue to new way to stimulate human cells

Science News // 1 year ago

Electric eels hold clue to new way to stimulate human cells

Japan may extend fuel subsidies as retail gas prices top $5 per gallon

World News // 1 year ago

Japan may extend fuel subsidies as retail gas prices top $5 per gallon

ADP: U.S. added 177,000 new private sector jobs in August, down sharply from July

U.S. News // 1 year ago

ADP: U.S. added 177,000 new private sector jobs in August, down sharply from July

UNC grad student charged in campus slaying of professor

U.S. News // 1 year ago

UNC grad student charged in campus slaying of professor

A graduate student at the University of North Carolina at Chapel Hill was charged with first-degree murder Tuesday in the campus slaying of a professor who served as his adviser.

More sector oversight necessary amid hundreds of oil, gas industry deaths, U.S. report finds

Health News // 1 year ago

More sector oversight necessary amid hundreds of oil, gas industry deaths, U.S. report finds

With nearly 500 on-site deaths in the oil and gas industry, more data and more stringent safety measures are necessary, a U.S. government report published Tuesday showed.

JOLTS job report on hires, quits points to a labor slowdown

U.S. News // 1 year ago

JOLTS job report on hires, quits points to a labor slowdown

Fewer people quit their jobs and the number of new job listings declined for the third straight month in July, suggesting a degree of economic cooling, government data published Tuesday show.

U.S. home prices continue decade-long streak of gains, but the pace is slowing

U.S. News // 1 year ago

U.S. home prices continue decade-long streak of gains, but the pace is slowing

Low inventory in part helped drive the average price of a single-family home up 3% compared to last year, the Federal Housing Finance Agency said Tuesday.

Italy's Eni quick out of the gate with new oil and gas production in Ivory Coast

World News // 1 year ago

Italy's Eni quick out of the gate with new oil and gas production in Ivory Coast

Italian energy company Eni said Monday it started production off the Ivory Coast in the Baleine oil and gas field, an accomplishment made less than two years after the initial discovery.

American Airlines hit with largest penalty ever for tarmac delays

U.S. News // 1 year ago

American Airlines hit with largest penalty ever for tarmac delays

American Airlines was hit with the largest fine of its kind for keeping passengers waiting on the tarmac without an opportunity to deplane, the Department of Transportation said Monday.

Relying on artificial intelligence for CPR guidance called risky

Health News // 1 year ago

Relying on artificial intelligence for CPR guidance called risky

Administering CPR outside of a hospital setting increases the chance of survival, though research published online Monday in the medical journal JAMA Network Open finds relying on AI for guidance is risky.

Storms, Labor Day travel could bring gas price stability to an end

U.S. News // 1 year ago

Storms, Labor Day travel could bring gas price stability to an end

Retail gasoline prices for U.S. commuters were stable during the weekend, though storm activity in the Gulf of Mexico and the upcoming Labor Day holiday could change that, data show.

Consumer sentiment moved 'sideways,' but is overall upbeat, report says

U.S. News // 1 year ago

Consumer sentiment moved 'sideways,' but is overall upbeat, report says

U.S. consumer sentiment in August was relatively unchanged, though optimism remains resilient despite lingering inflationary pressures, the University of Michigan reported Friday.

Fed Chair Powell: Inflation 'remains too high,' lending rates may be increased

U.S. News // 1 year ago

Fed Chair Powell: Inflation 'remains too high,' lending rates may be increased

Inflation in the U.S. economy remains too high and lending rates may need to move higher, U.S. Federal Reserve Chair Jerome Powell said in a highly anticipated speech on Friday.

British energy regulator Ofgem cuts energy bills to lowest since late 2021

World News // 1 year ago

British energy regulator Ofgem cuts energy bills to lowest since late 2021

With energy prices lower than year-ago levels, British energy regulator Ofgem on Friday cut its price cap by just over 7% for household bills.

AAA: Average gas prices dip, but downturn likely won't last

U.S. News // 1 year ago

AAA: Average gas prices dip, but downturn likely won't last

A slump in crude oil prices brought some modest relief to consumers by way of lower gasoline prices, though AAA said the downturn might not last.

Subway chain sold to Roark Capital, ending decades as a family-owned business

U.S. News // 1 year ago

Subway chain sold to Roark Capital, ending decades as a family-owned business

Describing the transaction as part of a global growth strategy, sandwich maker Subway said Thursday it would be acquired by private equity firm Roark Capital.

T-Mobile to shed just under 7% of its total workforce

U.S. News // 1 year ago

T-Mobile to shed just under 7% of its total workforce

The head of mobile networking giant T-Mobile said Thursday the company would trim just under 7% of its workforce over the coming months as part of a cost-cutting strategy.

Drop in jobless claims slowed by Hawaii's emergency

U.S. News // 1 year ago

Drop in jobless claims slowed by Hawaii's emergency

First-time claims of unemployment dropped by 10,000 last week, but the Labor Department on Thursday reported a slight increase in the number of people filing over continued weeks.

Tomorrow.io announces first weather report from space-based radar

Science News // 1 year ago

Tomorrow.io announces first weather report from space-based radar

Joining the likes of NASA, weather intelligence company Tomorrow.io said Thursday its radar satellites have the unique ability to monitor precipitation intensity from space.