Interest payments on the national debt top $1 trillion as deficit swells
The August shortfall popped by $380 billion, a dramatic reversal from the $89 billion surplus for the same month a…
Category: Economy
Three key questions that will shape whether Coach and Michael Kors owners will merge
Tapestry and Capri, the owners of Coach and Michael Kors, respectively, are in court this week over a federal antitrust…
Here’s the deflation breakdown for August 2024 — in one chart
Consumer prices are falling in pockets of the U.S. economy, in categories such as cars, household furniture and certain groceries.…
JPMorgan Chase shares drop 5% after bank tempers guidance on interest income and expenses
JPMorgan Chase shares plummeted after the bank said estimates for net interest income next year were too high. ...
Streaming deals are key to future of NFL viewership, fandom
A recent slew of streaming deals are showcasing the NFL's push into broadening its fanbase and viewership. ...
European Central Bank set to cut interest rates just days before the Fed’s big decision
Traders are widely anticipating an interest rate cut at the Federal Reserve's Sept. 17-18 meeting, as well as at the…
Two key inflation reports this week will help decide the size of the Fed’s interest rate cut
The Bureau of Labor Statistics will first release the consumer price index Wednesday and then the producer price index Thursday,…
Putin would ‘eat you for lunch,’ Harris tells Trump in bitter clash over Russia and Ukraine
Republican presidential nominee Donald Trump and Democratic rival Kamala Harris clashed repeatedly over Russia in the Presidential Debate. ...
Huawei’s trifold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch
Huawei has received more than 2.7 million pre-orders for its new, trifold smartphone, according to its website Monday. ...