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Tag: Economy
Trump, Harris inflation arguments are questionable, Chicago Fed president says
[ad_1] Austan Goolsbee speaking at Jackson Hole on Aug. 8, 2023. David A. Grogan | CNBC…
Blinken to arrive in Israel as U.S. pushes for Gaza ceasefire
[ad_1] U.S. Secretary of State Antony Blinken talks onboard the plane during his visit to Israel…
Here’s how a week’s worth of huge economic news will affect the Fed’s decision-making
[ad_1] The past week’s data deluge left behind a few distinct impressions: Inflation is on the…
Stocks making the biggest moves midday: Rocket Lab, Bavarian Nordic, H&R Block and more
[ad_1] Check out the companies making headlines in midday trading: Rocket Lab — The space company…
Consumer spending jumped in July as retail sales were up 1%, much better than expected
[ad_1] Consumer spending held up even better than expected in July as inflation pressures showed more…
Harris to propose federal ban on ‘corporate price-gouging’ in food and groceries
[ad_1] U.S. Vice President Kamala Harris delivers remarks during a campaign event at West Allis Central…
Wednesday’s big CPI inflation report could mark a change in thinking for the Fed
[ad_1] Product prices as seen at Walmart. Courtesy: Walmart The news Tuesday was good for inflation,…
Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut
[ad_1] Jeremy Siegel Scott Mlyn | CNBC Wharton School Professor Jeremy Siegel no longer thinks it’s…
Jamie Dimon says he still sees a recession on the horizon
[ad_1] JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a…
Markets are counting on the Fed to head off recession with sizable interest rate cuts
[ad_1] Federal Reserve Chairman Jerome Powell takes a question from a reporter during a news conference…
Why pharmacy chains like Walgreens and CVS are shuttering locations
[ad_1] In its fiscal third-quarter earnings report to investors in late June, pharmacy chain Walgreens announced…
‘The summer job is back’: Teens enter the labor force as employers dish out higher wages, perks
[ad_1] A lifeguard works at the beach at Coney Island on June 15, 2023 in the…