Powell sees inflation cooling, evading ‘difficult situation’
WASHINGTON — Federal Reserve Chair Jerome Powell said today that current high levels of inflation are likely to fade next year and won’t prevent the…
WASHINGTON — Federal Reserve Chair Jerome Powell said today that current high levels of inflation are likely to fade next year and won’t prevent the…
LOUISVILLE, Ky. — The company that owns Churchill Downs racetrack, home of the Kentucky Derby, placed a big wager today by announcing plans to open…
LONDON — The British economy is no longer the worst performing Group of Seven economy after second quarter growth was revised higher today to reflect…
WASHINGTON — The number of Americans applying for unemployment benefits rose for the third straight week, a sign that the highly contagious delta variant might…
DETROIT — Hyundai and Kia are recalling more than 550,000 cars and minivans in the U.S. because the turn signals can flash in the opposite…
WASHINGTON — The U.S. economy expanded at a 6.7% annual pace from April through June, the Commerce Department said today, slightly upgrading its estimate of…
KENILWORTH, N.J. — Merck will spend about $11.5 billion to buy Acceleron Pharma and its potential treatment for high blood pressure in vessels that connect…
UNION, N.J. — Bed Bath & Beyond Inc. today reported a fiscal second-quarter loss of $73.2 million, after reporting a profit in the same period…
WASHINGTON — Mary Barra, who became the first top executive of a big three auto company when she took over at General Motors, will become…
CHESAPEAKE, Va. — Dollar Tree embedded in its very name what it stands for: Behind these doors, everything can be had for just $1. The…