Business

Renault Production May Be Impacted by Supply Chain Issues in Russia

Renault Production May Be Impacted by Supply Chain Issues in Russia

French automaker Renault has warned that its production may be severely impacted due to supply chain issues in Russia. The company is concerned about the stability of its supply chains in Russia amid rising tensions between the country and Ukraine. Should a conflict break out, it will have repercussions for…
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GOP Boycotts Biden’s Federal Reserve Nominees, Fate Now Unclear

GOP Boycotts Biden’s Federal Reserve Nominees, Fate Now Unclear

Senate Republicans have boycotted a vote on Democrat President Joe Biden’s nominees to fill vacant seats on the Federal Reserve Board. The GOP's opposition is coalescing around Sarah Bloom Raskin, the White House’s pick for the Fed’s vice chair for bank supervision. Bloom Raskin is also the wife of former…
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Cost of Buying a Home Soars as Supply Hits Record Low Levels

Cost of Buying a Home Soars as Supply Hits Record Low Levels

The cost of buying a home in America has soared to new highs as the supply levels have hit new lows. The number of mortgage applications from prospective homebuyers has dropped significantly for the week ending Feb. 4. The number of refinancing applications has also dropped off following the rise…
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