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Consumer price inflation cooled for the sixth straight month in September 2024, coming in at 2.4% annually. Monthly prices rose 0.2% from August, according to data released by the Bureau of Labor Statistics Thursday, Oct. 10. Core inflation, which removes more volatile food and energy prices, rose 3.3% annually and 0.3% compared to August. September’s…
Americans are starting to turn away from fast food, and that’s sending shockwaves in the industry, from the locations themselves all the way down the supply chain. One of the biggest suppliers in the nation, Lamb Weston, is feeling the pinch big-time. The company is the largest producer of french fries in North America, supplying…
Some Democratic lawmakers are demanding answers from corporations like General Mills, PepsiCo and Coca Cola. Lawmakers claimed the companies are exploiting customers with a phenomenon known as “shrinkflation,” which is the practice by big companies to reduce the size of a product but still charge the same price. Sen. Elizabeth Warren, D-Mass., and Rep. Madeleine…
Policies proposed by former President Donald Trump would add more than twice as much to the national debt as policies proposed by Vice President Kamala Harris, according to a bipartisan analysis by the Committee for a Responsible Federal Budget. The middle estimate for Harris’ plans is that they increase the debt by $3.5 trillion through 2035,…
Israel is entering its second year of war, marked by a year of turmoil overseas and friction in the U.S. regarding federal assistance to Israel following the Hamas terrorist attack on Oct. 7, 2023. Since that attack, the United States has provided $17.9 billion in military aid to Israel, the most the U.S. has ever…
Former President Donald Trump was in Wisconsin on Sunday, Oct. 6, underscoring how important the state is to winning the election. Trump won there in 2016. However, Joe Biden flipped it back to the Democrats column in 2020. Approximately 80% of Wisconsinites are white. So with Wisconsin viewed as a state that lacks diversity, both…
The next Federal Reserve rate decision may still be one month away, but traders are increasingly confident the Fed will cut by 25 basis points in November after seeing September’s jobs report. In new data out Friday, Oct. 4, the Bureau of Labor Statistics reported the U.S. economy added a surprise 254,000 jobs in September,…
In times when markets may prove volatile, many move away from the trading and move toward the tried and true method of collecting precious metals. Lately, some have questioned the efficacy of keeping their funds digitally, and are moving back to these valuable commodities. Many turn to metals like gold and silver, hoping they’ll retain…
The strike is over for now, as thousands of dockworkers return to their jobs after a tentative agreement to raise their pay. And why after more than three decades in prison , the Menendez brothers — infamous for killing their parents — might have their case reviewed and the factor it all hinges on. These stories and more…
Both presidential candidates planned campaign stops in the battleground state of Michigan just one month before the 2024 election. Former President Donald Trump will be in Saginaw on Thursday, Oct. 4, for a rally. Vice President Kamala Harris is slated to campaign in Detroit and Flint on Friday, Oct. 5. The Real Clear Politics’ average…
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