Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.
Retail inflation has lessened, but businesses are still swamped by huge price increases in materials and servicesConsumer prices ticked up again in March, rising to anywhere from 3.2% to 3.8% year-over-year, depending on the rate you’re tracking. Of course, that’s way down from what it was back in 2022. But don’t tell that to any of my clients – or people running businesses in just about every industry across the country. For them, prices are not only rising but are significantly –...
U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run potential for the first time in nearly two years, but the signs of slowing were accompanied with fast inflation that, if sustained, would pose a particular dilemma for the central bank.
YORK, Pa. (WHTM) - Half of all power used by 16 Pennsylvania state agencies will soon be solar-generated, Governor Josh Shapiro announced Monday. Through the Pennsylvania Project to Utilize Light and Solar Energy (PA Pulse) initiative, the state has committed to purchase half of its electricity from 10 solar arrays statewide. Shapiro was in the []
On Thursday, WANE 15 visited Powers Hamburgers to get the first look inside the diner as the new ownership prepares to reopen.
"What will the Fed and its 500 economists do now? After all, this is an election year."
Sustained high levels of energy and commodity prices could drive global inflation upwards, the World Bank has warned today.
Manchester United beat Manchester City in the under-18 Premier League Cup final as former Blues academy director Jason Wilcox watched on.
Many laborers are switching to cassava farms or leaving the country for higher-paying jobs in Thailand.
NOV Inc. (NYSE:NOV – Get Free Report) was the recipient of unusually large options trading activity on Wednesday. Traders bought 2,616 put options on the company. This is an increase of approximately 1,353% compared to the typical volume of 180 put options. NOV Trading Up 0.2 % Shares of NYSE NOV opened at $18.50 on […]
Recent inflation readings have come in hot, but commodity prices and other indicators seem to show signs of cooling.
Since the start of the year, central bankers' best hopes to take pressure