Page Updated: Friday, May 17, 2024 4:06 AM ET

Christian Science Monitor - Business

First Look - After GameStop debacle, Roaring Kitty is back – and meme stocks soar once more - GameStop stocks had a meteoric climb this week in a moment reminiscent of 2021 and some say Roaring Kitty may be behind it all. But this time Wall Street isn't caught off guard.

1 day ago

With vote at Alabama plant, UAW challenges South's antiunion tilt - If Mercedes employees in Alabama vote to join the United Auto Workers, it may signal a power shift in America's most union-resistant region.

1 day ago

In this Spanish town, capitalism actually works for the workers -- Mondragón, Spain, is the home of an innovative cooperative that uses capitalism to provide a different and more equitable vision of economic success.

3 days ago

AI may take away jobs – but it's creating some, too -- The impact of AI on America's economy is more limited than previously thought. Some now say it could help low-skill workers be more productive.

8 days ago

'Divest from Israel': Easy slogan, challenging for universities -- Getting universities to divest from companies that support Israel is not as simple as many student protesters hope.

8 days ago

First Look -- Shell corporations? Hawaiian farmers push a plan to counter island macadamia posers. -- Hundreds of small Hawaii farmers rely on the lucrative macadamia crop. But, like maple syrup producers in Vermont and distilleries in Champagne, France, they're starting to face the imposition of nuts grown off the islands and sold with Hawaiian branding.

2 days ago

Tennessee win for UAW could open road for labor in South -- For the first time the UAW has successfully organized a foreign-owned auto plant in the South – a move that helps change the image of labor in decline.

17 days ago

Charging – and charging for it: How EV owners could sell power back to the grid -- Bidirectional EV charging would expand power grids by allowing cars to store energy at night, then sell it back to utilities during peak daylight hours. That would mostly benefit drivers – but automakers are also eyeing ways to get a cut of the surplus.

13 days ago

First Look -- In the wake of high-profile near misses, senators ask: Is Boeing doing enough? -- A Boeing engineer told lawmakers the company has been taking manufacturing shortcuts that led to "putting out defective airplanes," part of a larger suite of allegations in the wake of a 737 Max flight that saw its door plug blow out in midair.

24 days ago

Pay was starting to outpace US inflation. Can it keep up? -- Stubborn inflation is not only upsetting investors who await interest rate cuts. It's also threatening to undermine the rise in workers' real wages.

17 days ago

First Look -- LA County constantly fights homelessness. How AI helps prevent it. -- Millions struggle with housing affordability in Southern California. But Los Angeles County's experimental tool combines more than 400 factors to identify the residents most at risk of ending up on the streets – and it's working.

23 days ago

Do immigrants help or hurt the US economy? The answer might surprise you. -- Immigration and the economy are top concerns of voters ahead of the 2024 election. But political talking points don't tell the whole story.

1 month ago

Can bitcoin, despite risks, make leap from trendy to trusted? -- Bitcoin's endgame is becoming more pertinent due to a planned "halving" this month. It hinges on trust, as with other matters in the finance world.

1 month ago

Trump defied political norms. Now he tests the stock market. -- Some call Trump Media & Technology Group a "meme stock." But in financial markets, confidence tends to hinge on fundamentals of finance, not the risky ground of emotion or personal trust.

1 month ago