Browsing: Economy
A closely-watched inflation report is due to be released Wednesday morning and is expected to show that inflation has continued to ease as the issue comes to the forefront of…
Inflation fell in July to the lowest level in more than three years, a welcome sign for the Federal Reserve even as prices remained uncomfortably high for millions of Americans.…
U.S. producer prices increased less than expected in July as a rise in the cost of goods was tempered by cheaper services, indicating that inflation continued to moderate. The producer…
Retailer LL Flooring is filing for bankruptcy and looking to close over 90 of its stores, according to a filing with the U.S. Securities and Exchange Commission (SEC). On Sunday,…
Bank of America’s economists no longer see the U.S. entering a recession, CEO Brian Moynihan said over the weekend. “Bank of America Research does not have any recession predicted anymore,”…
Middle- and lower-income Americans are running low on disposable cash and are on track to have less than they were on pace to have before the COVID pandemic disrupted the…
Surging auto insurance premiums are revving up again, keeping the financial pressure on millions of Americans nationwide. A new report published by Insurify, an insurance comparison shopping site, shows the…
Hawaiian Electric raised a going concern risk in its quarterly earnings report on Friday after it disclosed that it doesn’t currently have a financing plan in place yet for the…
Chevron’s announcement last week that it would relocate its corporate headquarters from California to Texas occurred in part because it was becoming increasingly difficult to do business in California, a…
The housing market may finally be shifting in buyers’ favor. In a good sign for homebuyers, the share of available listings that saw a price cut jumped to 18.9% in…