Beef, Condiments Increase Prices to Over 10% Ahead of Memorial Day
For barbecue staples like ground beef, hot dogs, buns, relish, ketchup, and mustard, consumers will pay, on average, somewhat more this year than in 2023, according to Datasembly.
May 25, 2024 12:18 PM EDT
Core Capital Goods Orders Rise By 0.1%, Suggesting Improvement in Business Spending
Important capital goods made in the United States saw a higher-than-anticipated increase in new orders and shipments in April, indicating a modest uptick in corporate equipment expenditures in the first part of the second quarter.
S&P 500 Companies Sound Alarm on Coronavirus Impact on Earnings, Profits
The coronavirus outbreak in China is predicted to have a significant impact on the revenues and profitability of nearly one in five S&P 500 corporations, indicating the disease's widespread effects on enterprises worldwide.
Wall Street Embraces Ether: Exchanges Approved to List Spot ETFs
Applications from Nasdaq, CBOE, and NYSE to list exchange-traded funds (ETFs) linked to the price of ether were authorized by the U.S. Securities and Exchange Commission (SEC) on Thursday.
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Could Higher Rates Trigger Interstate Exodus?
According to Michael Mazerov, senior scholar at the Center on Budget and Policy Priorities, other research indicates that state taxes may not have a significant effect on migration trends.
May 24, 2024 11:56 AM EDT
Drugmaker Pfizer Seeks $1.5 Billion in Cost Reductions
On Wednesday, Pfizer announced the start of a new, multi-year cost-cutting initiative as it attempts to recover from the sharp fall in its Covid business.
May 24, 2024 11:51 AM EDT
Feds Clarify Protections for Buy Now, Pay Later Users
The growing "buy now, pay later" industry has regulators catching up. The growing "buy now, pay later" industry has regulators catching up.
May 23, 2024 9:03 PM EDT
Retail Giant Walmart Commits $700 Million to Guatemala's Growth
Walmart's Central America president announced on Wednesday that the company intends to invest almost $700 million in Guatemala over the next five years.
May 23, 2024 12:42 PM EDT
Dave Ramsey Recommends Claiming Social Security Early Amidst Concerns
A growing number of Americans fear they may not get the Social Security benefits to which they have paid during their working lives.
May 22, 2024 10:48 AM EDT
Biden Orders 1 Million Barrels of Gasoline from Reserve to Curb Rising Gas Costs
In an effort to lower gas costs this summer, the Biden administration said on Tuesday that it is releasing one million barrels of gasoline from a Northeast reserve created during Superstorm Sandy.
May 22, 2024 10:07 AM EDT
The Taylor Swift Fallacy: Why Big Events Don't Always Equal Big Boosts
Some are innocuous, such as the recurring claims that Taylor Swift's current global tour generates $1,300 or more in local spending for every $100 spent on tickets wherever she travels.
May 22, 2024 10:05 AM EDT
GLP-1 Weight Loss Option Now 85% Cheaper with Hims & Hers
Injectable GLP-1 weight reduction medications are being sold by direct-to-consumer pharmaceutical firm Hims & Hers Health at a far lower price than name-brand rivals like Wegovy and Ozempic.
May 21, 2024 1:18 PM EDT
Freddie Mac Sees Limited Rate Cuts, Dampening Housing Hopes
For those who are purchasing a home, the year has been difficult thus far because of the combination of rising loan rates and high housing costs. Regretfully, there might not be much respite for the rest of 2024.
May 21, 2024 1:14 PM EDT
Target Cuts Prices on Thousands of Essentials as Inflation Pinches Budgets
As inflation bites into household budgets and more Americans become more frugal with their purchasing, Target intends to lower prices on thousands of consumer staples this summer, ranging from milk to diapers.
May 21, 2024 1:12 PM EDT
US Consumers Putting Off Purchases for Pools, Mattresses Due to Inflation
As high inflation and interest rates hurt, Americans are delaying some more expensive, traditionally financed purchases.
May 20, 2024 2:15 PM EDT
Homeownership Strained by 25% Property Tax Hike, Soaring Insurance Costs
The increase in property taxes and homeowners' insurance costs is a growing threat to homeowners' financial stability and decision-making processes
May 20, 2024 2:14 PM EDT
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