U.S. stocks trade higher as S&P 500 heads for its best month since November 2020
admin U.S. stocks are trading higher Friday morning, with all three major benchmarks heading for weekly…
Read MoreJuly 2022
Amazon shares surge on Q2 sales beat as analysts highlight the strength of AWS, Prime and advertising
Amazon.com Inc. shares climbed more than 10% in premarket trading on Friday, boosted by the…
Read MoreRoku stock plummets as earnings are widely panned: ‘The sum of all of our worries’
Shares of Roku Inc. were tumbling in premarket trading Friday after the streaming company acknowledged…
Read MoreU.S. consumer spending climbs sharply in June, but mostly because of high inflation
The numbers: Consumer spending, the main engine of the U.S. economy, jumped 1% in June,…
Read MoreU.S. wage pressures heat up in second quarter
The numbers: The employment cost index rose 1.3% in the second quarter, down slightly from…
Read MoreHouse passes $280 billion package for chips, scientific research and Biden set to sign bill into law — here’s what’s in it
In a 243-187 vote on Thursday, the House approved a $280 billion bill focused on…
Read MoreOil prices climb, set to finish week higher despite U.S. recession fears
Prices of both U.S.-based and international crude-oil benchmarks rose on Friday as investors looked past…
Read MoreU.S. employment cost pressures remain hot in second quarter
The numbers: The employment cost index rose 1.3% in the second quarter, down slightly from…
Read MoreU.S. personal incomes up 0.6% in June
U.S. personal incomes up 0.6% in June
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Inflation-proof your meals: These cost-effective cooking tips won’t leave you with an empty stomach — or wallet
Inflation is eating into family budgets. Grocery prices shot up by 12.2% in June compared…
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