CPI Data Is Out: Inflation rose 2.9% over the past year, signaling that price increases are slowing down.
Read More Inflation Slows, But Americans Still Struggling
Tag: inflation
M&M Owner Mars To Acquire Snack Maker Kellanova In Massive $36B Deal
Candy company Mars will acquire Kellanova for $36 billion, merging some of the biggest U.S. candy and snack brands, both companies announced on Tuesday.
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Stocks hold firm as US inflation data keep rate cut hopes alive
Global stocks held steady and government bond yields retreated a touch on Wednesday after data showed U.S. consumer prices rose moderately in July.
Read More Stocks hold firm as US inflation data keep rate cut hopes alive
U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates
U.S. inflation rose 2.9% in July last month, versus a year ago, which fell below expectations in a result that likely paves the way for the Federal Reserve to finally begin cutting interest rates next month.
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Addressing Homelessness Crisis In California And Nationwide
Despite California spending upwards of $24 billion over the past five years, homelessness has increased by 40%. One America’s Stephanie Myers speaks with Prager U’s Aldo Buttazzoni, who interviewed residents of Los Angeles about what needs to be done to fix the crisis.
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US consumers could become discouraged without rate cuts, Bank of America CEO says
If the U.S. Federal Reserve does not start cutting interest rates relatively soon, U.S. consumers could become dispirited.
Read More US consumers could become discouraged without rate cuts, Bank of America CEO says