Daniel Ackerman

Latest Stories (38)

Construction spending slowed in April, continuing this year's trend

Jun 3, 2024
The construction flatline stems from interest rate hikes — new projects are less affordable, and that's starting to affect builders.
Transportation infrastructure construction has taken off, thanks in part to recent federal legislation.
Robert Nickelsberg/Getty Images

Automakers grapple with ethical questions around deep sea mining

Jun 3, 2024
GM is slated to take up the issue at its annual shareholder meeting.
"Deep sea mining itself is an industry that has a large number of potential risks; some of those are reputational risks," said Andy Whitmore of the nonprofit Deep Sea Mining Campaign.
Chris J. Ratcliffe for Greenpeace via Getty Images

What wholesale inventory says about goods in our economy

May 30, 2024
Wholesalers supply both retailers and manufacturers.
When wholesale inventories run low, they can suggest robust retail sales.
Benjamin Lowy/Getty Images

New SEC rule says stock trades must be finalized more quickly

May 29, 2024
Trades must be finalized by the end of the following business day to minimize failures in volatile markets.
"The more a trade is unsettled, the more exposure it has to a fail," said Bob Walley of Deloitte Risk & Financial Advisory.
Michael M. Santiago/Getty Images

First GE, now DuPont. Corporate deconglomeration is having a moment.

May 23, 2024
DuPont said it will split into three companies focused on water, electronics and chemicals. Investors and antitrust officials may be watching.
Mark Makela/Getty Images

Higher tariffs on Chinese computer chips may not lead to more U.S. engineering jobs

May 23, 2024
An NBER study finds the tariffs may actually dampen U.S. opportunities for chip engineers and others.
A recent NBER study found that hiring of semiconductor engineers in the U.S. is down 9% since 2018. 
Mario Tama/Getty Images

Employers can offer a new benefit: Matching student loan payments with 401(k) contributions

May 22, 2024
A study finds participants are likely to be better off than without the benefit.
DNY59/Getty Images

As Red Lobster files for bankruptcy, changing tastes take a toll on its casual-dining competitors

May 20, 2024
The sector hasn't really recovered from the pandemic closures of their dining rooms, when "they lost their core business model."
Justin Sullivan/Getty Images

February cyberattack causes chronic pain for health care industry

May 20, 2024
When malicious hackers stole data from Change Healthcare and demanded a ransom, providers lost an estimated $100 million per day early on.
Change Healthcare processes between a third and a half of all medical insurance claims in the U.S. and is still working to get its services running smoothly.
Spencer Platt/Getty Images

New federal rule aims to create more long-distance power lines

May 14, 2024
We'll need the lines to connect solar and wind power to new data centers, electric cars, heat pumps and so on.
As energy demand surges, FERC's new rule will help update the nation’s aging power grid.
Joe Raedle/Getty Images