US Economy

Most recent stories in US Economy

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  William Davis

  

  3 days ago

  So You Wanna Reduce the Debt? Tax the Wealthy Like We Used To

  commondreams.org - Robert Reich

  The dire warnings of fiscal hawks are once again darkening the skies of official Washington, demanding that the $31 trillion federal debt be reduced …

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  William Davis

  

  Jan 26

  Swimming in cash, Chevron plans a $75 billion slap in the face to drivers

  CNN - Allison Morrow

  New York CNN — While many blue-chip companies reported lower profits last year, Big Oil was having a moment. Crude prices surged, thanks in part to high demand and reduced supply. All of that helped make Chevron the top-performing Dow stock of last year, with shares surging more than 50%. To be …

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  William Davis

  

  Wall Street gains as solid GDP data offsets signs of economic weakness — Reuters

  apple.com - Reuters

  Wall Street advanced in choppy trading on Thursday as investors grappled with an onslaught of economic data and a string of mixed corporate earnings, …

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  William Davis

  

  Inflation Cools To 6.5%; IL Residents Wrestle With Food, Utility Costs

  Patch - Jeff Arnold

  Energy and gas prices continued to drop across Illinois and the Midwest but residents are paying 11 percent more for food than in late 2021. ILLINOIS …

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  William Davis

  

  Inflation slowed further in December for the sixth month in a row

  The Washington Post - By Rachel Siegel

  Inflation eased again in December, giving relief to households and businesses nationwide and offering more assurance to economic policymakers that steep price increases are pulling back without triggering massive consequences for the broader economy — so far. The latest inflation data, released …

• 

  William Davis

  

  U.S. pending home sales fall 4% in November to the lowest level since April 2020 — MarketWatch

  apple.com - MarketWatch