News
From unfilled gas tanks to fewer frills, consumers rethink spending
1+ hour, 26+ min ago (1082+ words) But the new signs of strain cited by major retailers as generous income'tax refunds'helped shore up their sales make some economists and analysts think they will see a wider retrenchment when the refunds are gone and consumers face the cumulative…...
Inflation and Middle East conflict drive up utility costs for Norwich residents
3+ week, 5+ day ago (267+ words) NORWICH, Conn. (WTNH) " Residents in Norwich will soon see their electric and natural gas bills go up. Norwich Public Utilities blames inflation, high demand, and instability in the Middle East. Beginning June 1, electric customers will see an increase of about…...
More Americans worried about running out of money than death: Survey
1+ mon, 2+ day ago (240+ words) (News Nation) " Nearly 70% of Americans say they worry more about running out of money than they do about death, according to a recent survey by Allianz Life Insurance Company North America. Generation X harbours the most economic anxiety, with 73% fearing…...
Trump's choice of Warsh to lead Fed could reshape the world's most influential central bank
4+ mon, 1+ week ago (1094+ words) Warsh, if approved by the Senate, will be under close scrutiny from financial markets and Congress given his appointment by a president who has loudly demanded much lower rates than many economists think are justified by economic conditions. Whether he…...
Asian shares are mixed after China-US talks end without a trade deal
10+ mon, 1+ week ago (628+ words) by: ELAINE KURTENBACH, Associated Press Beijing's top trade official said China and the United States agreed during two days of talks in Stockholm, Sweden, to work on extending an Aug. 12 deadline for imposing higher tariffs on each other. The U. S. side…...