Retail earnings this week could say a lot about the state of America's economy
Earnings season continues this week with Target, Walmart, TJ Maxx parent company TJX and other high-profile retailers set to release their quarterly results.
2023-08-15 19:26
Does it matter to stocks whether the Federal Reserve hikes or pauses rates in September?
After the Federal Reserve raised interest rates in July to the highest level in 22 years, Wall Street's focus is on whether September will bring another rate hike.
2023-08-14 19:23
Maui wildfires cause more than $1.3 billion in residential property damage, according to a preliminary estimate
The devastating Maui firestorm, which killed dozens of people and displaced thousands more, cost $1.3 billion in damage to 3,088 residences, a preliminary report found Thursday.
2023-08-12 07:20
US consumers are feeling gloomier about the economy for the first time this summer
Americans became slightly more gloomy about the economy this month, following two straight months of growing optimism.
2023-08-11 22:15
Argentina inflation likely sped back up ahead of primary vote, analysts say
By Hernan Nessi BUENOS AIRES Argentina's monthly inflation rate likely sped back up to 7.1% in July, a
2023-08-11 20:26
Don't be fooled by rising consumer price data, take a peek behind the numbers
US consumer prices rose 3.2% for the 12 months ending in July, according to the latest Consumer Price Index, which landed Thursday. That compares to 3% in June.
2023-08-11 19:45
Mississippi Supreme Court will not dismiss former NFL quarterback Brett Favre from welfare scheme civil lawsuit
The Mississippi Supreme Court said it will not dismiss former NFL quarterback Brett Favre from a civil lawsuit filed by the state seeking to recoup millions of dollars distributed as part of what the state calls a statewide welfare fraud scheme.
2023-08-11 11:17
Gold frail as US dollar, yields hold ground after inflation data
Gold prices hovered near one-month lows on Friday as markets assessed the cooler-than-expected U.S. inflation data, with bullion
2023-08-11 10:45
Supreme Court blocks $6 billion Purdue Pharma opioid settlement and will hear case this fall
The Supreme Court on Thursday blocked Purdue Pharma from going forward with bankruptcy proceedings, which the Biden administration has called an "unprecedented" arrangement that would ultimately offer the Sackler family broad protection from opioid-related civil claims.
2023-08-11 04:46
Credit card and car loan delinquencies pass pre-Covid levels as consumers get squeezed
More Americans are failing to make payments on their credit cards and auto loans, another sign of rising financial pressure on consumers.
2023-08-10 23:15
Uganda president defiant after World Bank suspends funding over LGBT law
By Elias Biryabarema KAMPALA (Reuters) -Uganda's President Yoweri Museveni on Thursday denounced the World Bank's decision to suspend new funding
2023-08-10 19:23
It's not the 1970s but stagflation is back in the picture
For the past two years, economists have been worrying about the risks of high inflation rates. But far less attention has been given to inflation's sibling: stagflation.
2023-08-10 19:16