JPMorgan posts steep profit drop, halts stock buybacks
JPMorgan Chase posted a surprisingly steep profit drop and said it is halting share buybacks it sets aside $428 million ...
Tag: inflation
US economy adds 372K jobs in June despite recession fears
U.S. job growth increased more than expected in June and the unemployment rate remained near pre-pandemic lows, signs of persistent labor market strength that ...
Mortgage rates fall as Federal Reserve prepares for more hikes
Average long-term US mortgage rates eased again this week as the Federal Reserve remains likely to raise its benchmark borrowing ...
Two-thirds of Gen Z, millennials worried about inflation
Soaring prices not seen since before Generation Z and millennials were born has many of them canceling travel plans and ...
Some McDonald’s ditching dollar-drink promo over inflation
Not even the dollar-drink specials on McDonald’s value menu are safe from the impact of inflation. A number of McDonald’s ...
Thief steals 800 gallons of fuel worth $4K from upstate NY farm
Two owners of an upstate New York farm who spent more than $5,400 to stock up on enough fuel to ...
Kohl’s ends buyout talks with Vitamin Shoppe owner
Kohl’s said it ended its talks to sell itself to Vitamin Shoppe owner Franchise Group, sending the discount department store ...
Key inflation gauge tracked by the Fed remains a high 6.3%
A measure of inflation that is closely tracked by the Federal Reserve jumped 6.3% in May from a year earlier, ...
Sheetz CEO offers gas at $3.99 a gallon through July 4 weekend
Family-owned convenience store chain Sheetz is cutting prices at the pump ahead of July 4. President and CEO Travis Sheetz said the ...
First-quarter GDP shrank by 1.6%, more than expected
The US economy shrank at a 1.6% annual pace in the first three months of the year, the government reported ...
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