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 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.
Posted inBusiness, Nation & World
Female farmers in Jamaica rebuild in Hurricane Beryl’s wake
More than 2 months after the powerful storm, the strongest Atlantic hurricane on record in July, some farmers in Jamaica are still unable to restore their crops and repair their homes. A women-led cash voucher program is providing the key.