A new study shows the cost of prescription drugs in the U.S. has increased nearly 40% over the past 10 years, surpassing the rate of inflation during the same time span.
Read More Prescription Drug Prices Have Increased Almost 40% Over Past DecadeTag: policymakers
US inflation ebbs in May as goods prices fall
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
Read More US inflation ebbs in May as goods prices fallUS retail sales rise less than expected in May
U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.
Read More US retail sales rise less than expected in MayWall St gains from megacaps thrust; earnings, Fed comments on tap
Wall Street’s main indexes rose on Wednesday, boosted by megacap growth stocks and as corporate results rolled in.
Read More Wall St gains from megacaps thrust; earnings, Fed comments on tapDow leads Wall St higher in lean trading week
Wall Street’s main stock indexes ticked higher, with the blue-chip Dow leading gains in thin trading ahead of crucial economic data.
Read More Dow leads Wall St higher in lean trading weekFed says more ‘confidence’ needed on inflation front before rate cuts can start
The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.
Read More Fed says more ‘confidence’ needed on inflation front before rate cuts can start