U.S. Vice President Kamala Harris delivers remarks on Medicare drug price negotiations, at an event with…
Tag: Economy
Consumer spending jumped in July as retail sales were up 1%, much better than expected
Consumer spending held up even better than expected in July as inflation pressures showed more signs…
Harris to propose federal ban on ‘corporate price-gouging’ in food and groceries
U.S. Vice President Kamala Harris delivers remarks during a campaign event at West Allis Central High…
Wednesday’s big CPI inflation report could mark a change in thinking for the Fed
Product prices as seen at Walmart. Courtesy: Walmart The news Tuesday was good for inflation, and…
Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut
Jeremy Siegel Scott Mlyn | CNBC Wharton School Professor Jeremy Siegel no longer thinks it’s vital…
Jamie Dimon says he still sees a recession on the horizon
JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft…
Markets are counting on the Fed to head off recession with sizable interest rate cuts
Federal Reserve Chairman Jerome Powell takes a question from a reporter during a news conference following…
Why pharmacy chains like Walgreens and CVS are shuttering locations
In its fiscal third-quarter earnings report to investors in late June, pharmacy chain Walgreens announced plans…
‘The summer job is back’: Teens enter the labor force as employers dish out higher wages, perks
A lifeguard works at the beach at Coney Island on June 15, 2023 in the Brooklyn…
Stocks making the biggest moves midday: Chevron, Apple, Clorox, Amazon and more
Check out the companies making headlines in midday trading: Chevron — Stock in the oil major…
Here’s where the jobs are for July — in one chart
People walk through a Manhattan mall on July 05, 2024 in New York City. Spencer Platt…
Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%
Job growth in the U.S. slowed much more than expected during July and the unemployment rate…