It’s another sign that inflation is returning to something close to normal after years of pressuring America’s households in the wake of COVID-19.
Brian Robitaille
Posted inBusiness, News
Boeing’s lawyers argue for settlement opposed by relatives of those killed in 737 Max crashes
Grieving families attend a Texas courtroom where their lawyers ask a judge to throw out a plea agreement they say is a sweetheart deal for the airplane manufacturer.
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Posted inBusiness
Wall Street closes its latest record-setting week as banks jump
The Dow and S&P 500 both hit new highs, while Nasdaq’s more modest gain was kept in check by Tesla’s slide.
Posted inNation / World, News
Hurricanes’ hidden toll: Thousands of deaths years after they strike
An analysis of more than 500 tropical cyclones that have hit the United States since 1930 found that the average hurricane leads to as many as 11,000 excess deaths – a figure hundreds of times higher than official mortality estimates.
Posted inBusiness, News
Brazil drought punishes coffee farms and threatens to push prices even higher
Potential supply shortages are plaguing the world’s largest coffee producer as well as the second-biggest – Vietnam.
Posted inBusiness, News
Wall Street closes its record-setting week mixed
FedEx drags markets down as stocks drift around their all-time highs and close on a quieter note.
Posted inBusiness, News
U.S. awards $3 billion for EV battery production in 14 states
The effort is part of the Biden administration’s continuing push to reduce China’s global dominance in the sector.
Posted inBusiness, News
After one week, no end in sight for strike by Boeing factory workers
The aircraft manufacturer has started rolling furloughs of nonunion employees to conserve cash.
Posted inBusiness, News
Wall Street climbs to the cusp of records and closes its best week of the year
Traders are rekindling hopes that the Federal Reserve may offer bigger-than-usual relief in whatever action it take on interest rates next week.
Posted inElection 2024, Nation / World, Politics
Trump faces his own debate fallout just months after benefiting from Joe Biden’s
Just 55 days before the election, the Republican presidential candidate has emerged from a rocky contest against his Democratic rival, Kamala Harris, looking to regain his footing.