China consumer prices return to growth in October, producer price slump extends to three years
Deflation in China eased in October, as consumer prices returned to growth after falling for two straight months, though producer…
Economy
Air traffic staffing shortages disrupt thousands of flights while FAA-mandated cancellations to worsen next week if shutdown continues
Airlines will have to slash hundreds of more flights if shutdown continues into next week. ...
Fed’s Miran says stablecoin surge could help push interest rates lower
The central banker said the Fed might need to lower its own policy rate to avoid unintentionally slowing the economy.…
Millions more Americans could access obesity drugs after Trump’s deals with Eli Lilly, Novo Nordisk
Medicare will start covering obesity drugs for the first time, which could open access to millions of seniors and spur…
Shutdown means another missed jobs report Friday. Here’s what it probably would have shown
Jobs Friday won't be happening again this week as the record-long government shutdown has resulted in a lack of official…
Senate Republicans reject Democrat deal to reopen government
The U.S. government shutdown has dragged on for 38 days because of a dispute over whether ACA tax credits should…
Supreme Court pauses order that Trump administration must pay full SNAP benefits
The Trump administration tried not to pay for any food stamps in November because of the government shutdown. It now…
Younger consumers are eating less Chipotle and Cava. They are buying more Coach bags
The split in company results indicates consumers are splurging in some areas, as they save in others. ...
Job cuts in October hit highest level for the month in 22 years, Challenger says
Job cuts for October totaled 153,074, a 183% surge from September. ...