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    Biden administration to lower costs for 64 drugs through inflation penalties on drugmakers

    by admin June 29, 2024
    June 29, 2024

    The Biden administration on Wednesday said it will impose inflation penalties on 64 prescription drugs for the third…

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  • Business

    YouTube is dominating the living room, forcing media companies to decide whether it’s friend or foe

    by admin June 29, 2024
    June 29, 2024

    It’s been almost 20 years since the founding of Alphabet’s YouTube, and Hollywood still doesn’t really know what…

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  • Business

    Inflation vs. wages: How rising prices stack up against growing pay

    by admin June 28, 2024
    June 28, 2024

    It’s a key question on voters’ minds heading into Thursday night’s presidential debate: How far does…

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  • Business

    Rivian secures up to $5 billion from Volkswagen; shares soar 40%

    by admin June 28, 2024
    June 28, 2024

    Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment…

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  • Business

    Amazon plans to launch discount store in bid to fend off Temu and Shein

    by admin June 28, 2024
    June 28, 2024

    Amazon plans to launch a new section on its site dedicated to low-priced fashion and lifestyle items…

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  • Business

    The ‘funflation’ effect: Why Americans are spending on travel and entertainment

    by admin June 28, 2024
    June 28, 2024

    Even while carrying $1.13 trillion in credit card debt, many Americans are still willing to splurge on travel…

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  • Business

    Amazon reaches $2 trillion market cap for the first time

    by admin June 28, 2024
    June 28, 2024

    Amazon shares climbed more than 3% in intraday trading on Wednesday, pushing the company’s market cap past…

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  • Business

    Sixteen Nobel Prize-winning economists warn a second Trump term would ‘reignite’ inflation

    by admin June 27, 2024
    June 27, 2024

    Sixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks…

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  • Business

    Tesla’s Cybertruck recalled for a fourth time over two separate parts issues

    by admin June 27, 2024
    June 27, 2024

    DETROIT (AP) — Tesla is recalling its futuristic new Cybertruck pickup for the fourth time in the U.S.…

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  • Business

    Treasury Secretary Yellen announces $100M affordable housing fund as shelter costs weigh on Biden

    by admin June 27, 2024
    June 27, 2024

    Treasury Secretary Janet Yellen on Monday unveiled a new slate of financing initiatives to support housing development, including a $100…

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