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U.S. Economy

FCC to vote in March on rules for ‘all-in’ cable and satellite pricing

by Vera Ward
FCC to vote in March on rules for ‘all-in’ cable and satellite pricing

Signage is seen at the headquarters of the Federal Communications Commission in Washington, D.C. Andrew Kelly | Reuters WASHINGTON — A federal consumer protection watchdog agency on Wednesday announced that …

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FCC finalizes rules for ‘all-in’ cable and satellite pricing

by Vera Ward
FCC to vote in March on rules for ‘all-in’ cable and satellite pricing

Signage is seen at the headquarters of the Federal Communications Commission in Washington, D.C. Andrew Kelly | Reuters WASHINGTON — A federal consumer protection watchdog agency on Wednesday announced it …

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Magnificent 7 profits now exceed almost every country in the world. Should we be worried?

by Walter Watson
Magnificent 7 profits now exceed almost every country in the world. Should we be worried?

A picture shows logos of the main communication brand also named GAFAM (for Google, Apple, Facebook, Amazon and Microsoft)in Mulhouse, on June 2, 2023.  Sebastien Bozon | AFP | Getty …

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U.S. Treasury yields rise after PPI

by Walter Watson
U.S. Treasury yields rise after PPI

U.S. Treasury yields climbed on Friday after January wholesaler prices came in higher than expected. The yield on the 10-year Treasury was over 8 basis points higher to 4.322%, above …

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Airfare is down, but here’s why that may not last for long

by Anas Siddiqui
Airfare is down, but here’s why that may not last for long

Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC Airfare fell 6.4% in January from a year earlier, the Labor Department said in its …

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Brainard amplifies ‘shrinkflation’ as latest White House battle

by Vera Ward
Brainard amplifies ‘shrinkflation’ as latest White House battle

Director of the National Economic Council Lael Brainard speaks during the daily press briefing at the White House January 11, 2024 in Washington, DC. Brainard fielded a range of questions …

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Biden’s clean energy plan to cost far more than initial estimates

by Vera Ward
Biden’s clean energy plan to cost far more than initial estimates

Phillip Swagel Danny Moloshok | Reuters WASHINGTON — The U.S. budget deficit will grow by an estimated $1 trillion over the next 10 years, the nonpartisan Congressional Budget Office projected …

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Red Sea tensions risk significantly higher inflation, OECD warns

by Ron Morgan
Red Sea tensions risk significantly higher inflation, OECD warns

Elevated shipping costs as a result of ongoing tensions in the Red Sea could impede the global fight against inflation, the Organisation for Economic Co-operation and Development said Monday. The …

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Stock market in a ‘very dangerous’ position as jobs and wages run hot, fund manager says

by Walter Watson
Stock market in a ‘very dangerous’ position as jobs and wages run hot, fund manager says

A trader reacts as a screen displays the Fed rate announcement on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024.  Brendan …

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Manufacturing and construction sectors are hiring

by Anas Siddiqui
Manufacturing and construction sectors are hiring

Construction workers erect a building in downtown Miami, Florida, on June 14, 2023. Jim Watson | AFP | Getty Images At Ample’s manufacturing facilities in the Bay Area, employees work …

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