Federal Reserve Chair Jerome Powell says ‘the time has come’ to cut interest rates
With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest ...
Tag: inflation
Value of gold bar hits $1 million for first time ever
For the first time ever, a single gold bar is worth $1 million, thanks to a surge in prices. Gold ...
Harris’ price control ‘Kamanomics’ plan risks scaring away Wall Street donors on the fence
Now that Kamala Harris is leading in presidential polling, one of the big questions on Wall Street and corporate America ...
McDonald’s introduces new meal deal with nostalgic, collectible cups
McDonald’s is launching its happiest meal yet. The fast food giant announced Wednesday that it is introducing six collectible cups ...
Here’s how much more you can expect to spend on back-to-school shopping amid sticky inflation
The tab for this fall’s back-to-school shopping list is expected to jump by 6% amid stubborn inflation — forcing some ...
‘more good data’ would boost case for rate cuts
Inflation “remains above” the Federal Reserve’s 2% target, but has been improving in recent months and “more good data would ...
Big Lots to close stores, may file for bankruptcy
Discount home goods retailer Big Lots revealed it is planning to shutter more stores this year and may be facing ...
‘Upflation’ driving up prices for odd products like all-body deodorant
Consumer goods manufacturers are slapping exorbitant prices on oddball personal care products such as total body deodorant and razors to ...
Wendy’s takes on McDonald’s with $3 breakfast value meal
Food fight! Wendy’s declared war on McDonald’s discount meals by offering a new $3 breakfast value meal as the fast ...
JPMorgan Chase CEO Jamie Dimon hints he’ll retire sooner than expected
JPMorgan Chase CEO Jamie Dimon has hinted that he could step down as head of the nation’s largest lender sooner ...
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