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News
The ‘rockets and feathers’ effect: Inflation eases but grocery bills do not
3+ hour, 14+ min ago (780+ words) Economics has a term for what U.S. grocery prices have done in recent years: rockets and feathers. Rockets, because the cost of food eaten at home zoomed up in the aftermath of the pandemic. Feathers, because once prices rise, they’re slow…...
Asian shares are mixed after China-US talks end without a trade deal
11+ mon, 3+ 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....