Oct 22, 2024 | Markets
Property taxes, tips, interest payments are excluded from CPI Some items ‘can’t realistically be priced,’ BLS economist says Price pressures have eased substantially over the past two years, but a disconnect remains between what US inflation data show and what...
Oct 18, 2024 | Markets
Deficit exceeds 6% of GDP for a second straight year Debt interest costs, Social Security, defense spending climb The US government’s budget deficit hit its highest since the Covid pandemic years in 2024, propelled by increased debt interest costs and higher Social...
Oct 18, 2024 | Markets
Israel’s killing of Hamas leader sees traders flock to safety Investors are repositioning portfolios ahead of US election Gold topped $2,700 an ounce for the first time as concerns over escalating conflicts in the Middle East and a tight US election race prompt...
Oct 18, 2024 | Markets
Stock down 7.5% since unveiling of self-driving taxi last week Event was long on vision, short on revenue drivers: Bernstein Tesla Inc.’s reveal of its much-hyped self-driving car last week left investors underwhelmed and sent shares plunging. The disappointment also...
Oct 18, 2024 | Markets
China and the Middle East dragged on performance, CFO says Company maintained its sales outlook for current fiscal year Procter & Gamble Co. posted a second straight quarter of sluggish sales growth, dragged down by minimal price increases and weakness in key...
