Business Biden administration to lower costs for 64 drugs through inflation penalties on drugmakers by June 28, 2024 June 28, 2024 The Biden administration on Wednesday said it will impose inflation penalties on 64 prescription drugs for… Read more 0 FacebookTwitterPinterestEmail
Business Walgreens plans store closures as CEO says consumers ‘stunned’ by prices by June 28, 2024 June 28, 2024 Walgreens is planning potentially sweeping store closures as it faces what its CEO called… Read more 0 FacebookTwitterPinterestEmail
Business Inflation vs. wages: How rising prices stack up against growing pay by June 27, 2024 June 27, 2024 It’s a key question on voters’ minds heading into Thursday night’s presidential debate: How… Read more 0 FacebookTwitterPinterestEmail
Business Amazon plans to launch discount store in bid to fend off Temu and Shein by June 27, 2024 June 27, 2024 Amazon plans to launch a new section on its site dedicated to low-priced fashion and… Read more 0 FacebookTwitterPinterestEmail
Business Rivian secures up to $5 billion from Volkswagen; shares soar 40% by June 27, 2024 June 27, 2024 Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an… Read more 0 FacebookTwitterPinterestEmail
Business Amazon reaches $2 trillion market cap for the first time by June 27, 2024 June 27, 2024 Amazon shares climbed more than 3% in intraday trading on Wednesday, pushing the company’s market… Read more 0 FacebookTwitterPinterestEmail
Business The ‘funflation’ effect: Why Americans are spending on travel and entertainment by June 27, 2024 June 27, 2024 Even while carrying $1.13 trillion in credit card debt, many Americans are still willing to splurge… Read more 0 FacebookTwitterPinterestEmail
Business Tesla’s Cybertruck recalled for a fourth time over two separate parts issues by June 26, 2024 June 26, 2024 DETROIT (AP) — Tesla is recalling its futuristic new Cybertruck pickup for the fourth time in… Read more 0 FacebookTwitterPinterestEmail
Business Sixteen Nobel Prize-winning economists warn a second Trump term would ‘reignite’ inflation by June 26, 2024 June 26, 2024 Sixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as… Read more 0 FacebookTwitterPinterestEmail
Business 21 million Miniverse toy sets recalled after reports of burns and respiratory irritation by June 26, 2024 June 26, 2024 More than 21 million Miniverse “Make It Mini” sets by California toymaker MGA Entertainment… Read more 0 FacebookTwitterPinterestEmail