Tag: economy
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From carmakers to refiners, industries brace for rail strike
Car buyers might not get the vehicle they want on time, commuter rail lines could see service disrupted, and shipments from everything from oil to livestock feed could be snarled.
Wall Street rallies further ahead of inflation report
Stocks climbed again Monday, as Wall Street made its final moves ahead of a high-stakes report that will hopefully show inflation hammered the economy less hard last month.
Rents are starting to come down, but the trend may not hold
Rents are starting to come down after spiking to record levels this past summer, but experts are uncertain if the slowdown will continue.
House panel calls for cryptocurrency fraud oversight
A House oversight subcommittee asked regulators and industry leaders on Tuesday to explain what they are doing to stop cryptocurrency fraud and other scams perpetrated on consumers.
US retail sales were flat in July as inflation takes a toll
The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many Americans to spend more cautiously.
