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inflation

Need a pharmacy? These states and neighborhoods have less access – The Denver Post

by Akin Smith
Need a pharmacy? These states and neighborhoods have less access – The Denver Post

By TOM MURPHY and KASTURI PANANJADY (Associated Press) Opening stores used to mean everything to pharmacy chains. CVS Health once boasted of opening or buying more than 2,900 locations in …

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What ‘Higher for Longer’ Interest Rates Means for Businesses

by Anas Siddiqui
What ‘Higher for Longer’ Interest Rates Means for Businesses

Opinions expressed by Entrepreneur contributors are their own. There’s a big change occurring in business that doesn’t show up in the daily headlines. It has to do with the underlying …

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The Fed’s preferred inflation measure rose 0.2% in April

by Walter Watson
The Fed’s preferred inflation measure rose 0.2% in April

Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according to a measure released Friday that is followed closely by …

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Fed’s favorite inflation gauge is expected to show very slow progress on Friday

by Ron Morgan
Fed’s favorite inflation gauge is expected to show very slow progress on Friday

People shop at a supermarket in Montebello, California, on May 15, 2024.  Frederic J. Brown | AFP | Getty Images Inflation is taking baby steps towards coming back to where …

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Consumers, businesses have turned cautious

by Anas Siddiqui
Consumers, businesses have turned cautious

Bank of America Chairman and CEO Brian Thomas Moynihan speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in …

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Mortgage debt is growing at its slowest pace in 23 years — but that could be short-lived, says CMHC

by Anas Siddiqui
Mortgage debt is growing at its slowest pace in 23 years — but that could be short-lived, says CMHC

Mortgage debt grew at its slowest pace in 23 years in February, amid high borrowing costs and reservations related to the Bank of Canada’s key interest rate — but the slowdown likely …

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Fed’s Kashkari wants to see ‘many more months’ of positive inflation data before a rate cut

by Ron Morgan
Fed’s Kashkari wants to see ‘many more months’ of positive inflation data before a rate cut

LONDON — The Federal Reserve should wait for significant progress on inflation before cutting interest rates, Minneapolis Federal Reserve President Neel Kashkari told CNBC Tuesday. Asked what conditions were needed for …

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Rishi Sunak proposes tax cuts for pensioners in new election pledge

by Walter Watson
Rishi Sunak proposes tax cuts for pensioners in new election pledge

British Prime Minister Rishi Sunak on Monday proposed tax cuts for millions of pensioners in his latest campaign pledge, highlighting the importance of older voters in the coming July election. …

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Indigo shareholders vote in favour of privatization sale to companies owned by CEO’s spouse

by Anas Siddiqui
Indigo shareholders vote in favour of privatization sale to companies owned by CEO’s spouse

Indigo Books & Music Inc. shareholders have voted to approve a deal that will see the retailer become a private company. Shareholders voted Monday in favour of a $2.50 per …

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India’s economic momentum to remain strong post-election: S&P Global Market Intelligence

by Ron Morgan
India’s economic momentum to remain strong post-election: S&P Global Market Intelligence

The Indian government’s capital spending, recovery in private consumption and investment are expected to help carry forward the economic momentum post-elections, S&P Global Market Intelligence said Monday. The global research …

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