Taxpayers are owed more than $1 billion related to the student loan program — but not from borrowers
admin Hello and welcome to Extra Credit, a look at the news through the lens of…
Read MoreAugust 2022
Grocery prices in July had largest price increase since 1979 — with one food staple rising by 38% on the year
The rise in the cost of living cooled in July, but not for grocery prices.…
Read MoreStock-market investors cheer July inflation data. Big-name firms like Pimco and BlackRock aren’t so sure.
Wednesday’s release of the consumer-price index report for July contained enough downside surprises to give…
Read MoreOil bounces after drop in gasoline inventories
Oil futures rose Wednesday, erasing earlier losses after government data showed a bigger-than-expected drop in…
Read MoreGrocery prices in July had largest price increase since 1979 — with one food staple rising by 38% on the year
The rise in the cost of living cooled in July, but not for grocery prices.…
Read MoreHere’s how private equity got relief in Democrats’ healthcare, climate and tax package that’s heading for a House vote
The bipartisan duo of Sens. Kyrsten Sinema and John Thune helped private equity firms escape…
Read MoreRealReal blames the ‘Great Resignation Part Two’ for mixed results, downbeat outlook
Shares of RealReal Inc. fell Wednesday, after the luxury goods reseller blamed a sales labor…
Read MoreEurope’s latest energy worries: U.K. blackouts and Germany’s Rhine running dry
While American tourists have been filling up Europe’s corners this summer, happily snapping away and…
Read MoreHere’s what Samsung’s new foldable smartphones will feature
Samsung Electronics Co. Ltd. unveiled its latest batch of foldable phones Wednesday, emphasizing design upgrades,…
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Opinion: Inflation hasn’t peaked yet because rents are still rising fast
There was no inflation in July, the government said Wednesday. That’s great news. But let’s…
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