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Business

Parliamentarian weakens Democrats’ drug plan in Inflation Reduction Act, as Senate prepares to vote

The Senate parliamentarian on Saturday dealt a blow to Democrats' plan for curbing drug prices but left the rest of their sprawling economic bill largely...

Deca Press
August 7, 2022
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Business

Stocks rally on Wall Street as investors look for “pockets of optimism”

U.S. stocks closed higher on Wall Street Friday following some encouraging economic data on consumer sentiment and inflation expectations.The S&P rose 73 points, or 1.9%,...

Deca Press
July 15, 2022
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News

Fed says sharply higher rates may be needed to quell inflation

Federal Reserve officials were concerned at their meeting last month that consumers were increasingly anticipating higher inflation, and signaled that much higher interest rates could...

Deca Press
July 6, 2022
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Business

Crude falls below $100 a barrel for the first time in nearly two months

Worries that a slowdown in the global economy could dent the world's appetite for crude pushed oil futures below $100 a barrel on Tuesday for...

Deca Press
July 5, 2022
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News

US energy producers roast Biden for demanding companies to lower gas prices

The U.S. Oil & Gas Association took a hit at President Biden after he tweeted on Saturday that “companies running gas stations” should simply “bring down the...

Deca Press
July 3, 2022
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Business

Stocks suffered their worst first half of the year since 1970. What’s next?

Americans with stock portfolios or retirement investment plans would likely prefer to forget the last six months.The S&P 500, Wall Street's broad benchmark for many...

Deca Press
July 1, 2022
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Business

Texans view state’s economic growth as a good thing but feel pinch of higher prices — CBS News poll

Texans rate their state's economy better than Americans rate the nation's overall, and they're mostly optimistic about Texas' — much more so than they are...

Deca Press
June 30, 2022
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Business

Biden predicts a recession is “not inevitable”

President Joe Biden told The Associated Press on Thursday that the American people are "really, really down" after a tumultuous two years with the coronavirus...

Deca Press
June 16, 2022
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News

6/15: Red and Blue – CBS News

6/15: Red and Blue - CBS News Watch CBS News Biden pushes oil companies on gas production; FDA panel supports COVID vaccine for kids under...

Deca Press
June 16, 2022
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Business

High inflation hampers summer travel plans

High inflation hampers summer travel plans - CBS News Watch CBS News Vacation inflation is hitting summer travelers. Airfare, hotel and rental car costs have...

Deca Press
June 11, 2022
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