Business

(WASHINGTON) — Vice President Kamala Harris has unveiled a comprehensive agenda focused on cooling inflation, but many economists consider the fight against price increases to be nearly finished. Inflation stands below 3% for the first time since 2021, U.S. government data earlier this month showed. The Federal Reserve is widely expected to cut interest rates […]

(NEW YORK) — Trump Media & Technology Group’s stock dropped more than 11% this week, suffering from sour sentiment after a weak earnings report and the return of former President Donald Trump to rival social media platform X. The company’s woes stretch back to the middle of last month. Since then, the stock for the […]

(WASHINGTON) — On the road to the 2024 presidential election, Vice President Kamala Harris and former President Donald Trump’s views on electric vehicles (EVs) have offered two different visions of America’s automotive future. Harris has been vocally supportive of the administration’s push to expand access and manufacturing of EVs in the U.S., while Trump has […]

(RALEIGH, N.C.) — When Vice President Kamala Harris unveils her economic policy proposals in Raleigh, North Carolina, on Friday, it will include a proposal to provide up to $25,000 in down payment support for first-time homebuyers, according to a campaign official. The campaign is vowing that during its first term, the Harris-Walz administration would provide […]

(NEW YORK) — As more consumers reach for generic labels to save on money groceries, M&M’s maker Mars is spending big bucks on a new acquisition to gain even more shelf space in the snack aisle. The candy bar giant, known for brands such as Snickers and Twix, is gearing up to purchase global snacking […]

d3sign/Getty Images (NEW YORK) — Slow and steady may win the race for a tortoise vs. a hare, according to Aesop’s Fables. However, in reality, this turn of phrase does not ring true when applied to the gradual climb of consumer prices, especially with the latest exorbitant cost increases on items like eggs. Egg prices […]

A box of Kellogg Co. Famous Amos brand chocolate chip and pecan cookies is arranged for a photograph in Ottawa, Illinois, U.S., on Monday, April 1, 2019. (Daniel Acker/Bloomberg via Getty Images) (NEW YORK) — Wallace “Wally” Amos Jr., the founder of Famous Amos cookies, has died, his family said Wednesday. He was 88. He […]

(NEW YORK) — Stock market turmoil earlier this month prompted some investors to ditch stocks in favor of an alternative typically viewed as safer but less exciting: bonds. The renewed popularity of bonds follows months of heightened interest, since investors have sought to lock in high yields in anticipation of interest rate cuts at the […]

(NEW YORK) — Vice President Kamala Harris has received endorsements from most of the nation’s top labor unions, with a key exception: The International Brotherhood of Teamsters. Teamsters President Sean O’Brien, who leads the union of 1.3 million members, drew attention last month when he spoke at the Republican National Convention, praising former President Donald […]

(NEW YORK) — Consumer prices rose 2.9% in July compared to a year ago, cooling slightly from the previous month and extending a monthslong slowdown of price increases. The fresh inflation reading outperformed economists’ expectations. Inflation has slowed for five consecutive months, reversing a surge in prices that took hold at the outset of 2024. […]