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Asian stocks mostly higher as markets await Fed chair speech

TOKYO ((DailyNews)) — Asian shares were mostly higher Thursday as Wall Street and global markets wait for a highly anticipated speech from the U.S....

For Republican governors, all economic success is local

WASHINGTON ((DailyNews)) — Gov. Greg Abbott, R-Texas, often knocks President Joe Biden for high inflation and a looming recession — a standard GOP argument...

Zimbabweans hit by 257% inflation: Will gold coins help?

HARARE, Zimbabwe ((DailyNews)) — After working as an overnight security guard at a church in Harare’s impoverished Mabvuku township, Jeffrey Carlos rushes home to...

Biden bill to help millions escape higher health care costs

WASHINGTON ((DailyNews)) — Millions of people in the United States will be spared from big increases in health care costs next year after President...

US retail sales were flat in July as inflation takes a toll

WASHINGTON ((DailyNews)) — The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many...

After another bumpy day, Wall Street ends mostly higher

Another choppy day of trading on Wall Street ended Tuesday with a mostly higher finish for stocks that adds to the market’s recent string...

High oil prices help Saudi Aramco earn $88B in first half

DUBAI, United Arab Emirates ((DailyNews)) — Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same...

Inflation Reduction Act may have little impact on inflation

WASHINGTON ((DailyNews)) — With inflation raging near its highest level in four decades, the House on Friday gave final approval to President Joe Biden’s...

US wholesale inflation fell in July for 1st time in 2 years

WASHINGTON ((DailyNews)) — Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and a...

EXPLAINER: How is inflation affecting commuting costs?

NEW YORK ((DailyNews)) — Gas prices have fallen from the record highs they reached earlier this summer, but they’re still much higher than a...

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