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News
Wall Street week ahead: Federal Reserve decision on interest rates, retail sales update
22+ hour, 42+ min ago (74+ words) Breaking news and analysis on politics, business, world, national news, entertainment and more. In-depth DC, Virginia, Maryland news coverage including traffic, weather, crime, education, restaurant reviews and more. NEW YORK — The Federal Reserve and its interest rate policy will be…...
Drivers in for more pain as oil rockets back toward $100 per barrel
4+ day, 17+ hour ago (87+ words) Breaking news and analysis on politics, business, world, national news, entertainment and more. In-depth DC, Virginia, Maryland news coverage including traffic, weather, crime, education, restaurant reviews and more. Fresh attacks in the Strait of Hormuz and soaring demand in China…...
Wall Street week ahead: The market focuses on key inflation updates
1+ week, 1+ day ago (65+ words) The Washington Post NEW YORK — Wall Street will get several important updates about inflation this week. On Thursday, the U.S. will release its August report for inflation at the wholesale level, called the Producer Price Index, or the PPI. It…...
US diesel prices hit a record high, pushing up transportation costs for a long list of goods
1+ week, 1+ day ago (137+ words) The Washington Post Diesel has hit a record price in the U.S., soaring to an average of $5.85 a gallon for the first time CHICAGO — Diesel hit a record price in the U.S. on Friday, soaring to an average of $5.85 a gallon…...
Is there a???right??? way for a company to justify a price hike?
1+ week, 1+ day ago (85+ words) Is there a ‘right’ way for a company to justify a price hike? The Washington Post Shoppers are increasingly hunting for value, which puts the onus on businesses to tread carefully when justifying price hikes. Over the past few years,…...
Don’t blame free markets for populist failures
1+ week, 1+ day ago (57+ words) The Washington Post American economic struggles are driven by government spending and intervention. American households are feeling real economic pain. Mortgage rates remain elevated, filling a gas tank can easily cost $100, and grocery bills continue to strain family budgets. But…...
Here’s why wages are falling behind inflation, an economic warning sign
1+ week, 1+ day ago (83+ words) Breaking news and analysis on politics, business, world, national news, entertainment and more. In-depth DC, Virginia, Maryland news coverage including traffic, weather, crime, education, restaurant reviews and more. Inflation beat out wage growth again in August, which feels like 2023. Inflation…...
Wall Street week ahead: The market eyes the monthly jobs report
2+ week, 1+ day ago (75+ words) The Washington Post NEW YORK — Wall Street will get several important updates this week about the health of the U.S. jobs market. On Tuesday, the U.S. will release its July report focusing on job openings and turnover. It provides details…...
Fed chair Kevin Warsh, worried about inflation, offers scant clarity on next move
2+ week, 1+ day ago (124+ words) Breaking news and analysis on politics, business, world, national news, entertainment and more. In-depth DC, Virginia, Maryland news coverage including traffic, weather, crime, education, restaurant reviews and more. In a much-anticipated speech, Warsh doubled down on his controversial strategy of…...
US economy expanded at sluggish 1.5% pace in second quarter, on par with earlier estimate
2+ week, 3+ day ago (75+ words) The Washington Post WASHINGTON — The U.S. economy grew at a sluggish 1.5% pace from April through June. But consumer spending stayed strong. Growth in gross domestic product — the nation’s output of a goods and services — decelerated from a 2.1% pace from January…...