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U.S. producer prices downshift for first time since 2020 recession
The numbers: The U.S. producer price index fell 0.5% in July, the Labor Department said Thursday. That’s down from a…
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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. The price of food at…
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‘Makes their blood boil’: Democrats criticize billion-dollar companies for paying low tax rates and state-by-state tax-free shopping guide for back-to-school supplies
Hi, MarketWatchers. Don’t miss these top stories. ‘Makes their blood boil’: Democrats criticize billion-dollar companies for paying low tax rates…
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Good news on climate change? Australia’s Great Barrier Reef has healthiest coral in 36 years
Two-thirds of Australia’s Great Barrier Reef recorded the highest amount of coral cover in nearly four decades, a development cheered…
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Should workers get time off when a pet dies?
Since the start of the pandemic, companies have increasingly had to take a hard look at what they offer employees…
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Beyond Meat reports drop in revenue, announces 4% layoffs
Beyond Meat Inc. reported another rough quarter Thursday, leading to announced layoffs that underscore a bleak outlook from Wall Street.…
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Starbucks earnings beat expectations despite continued weakness in China
Starbucks Corp. produced better earnings than expected in the fiscal third quarter, despite a massive drop-off in comparable sales in…
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Americans’ credit-card debt just had the biggest jump in more than 20 years, New York Fed says
In a sign of the continuing toll from decades-high inflation, Americans loaded an extra $46 billion on their credit cards…
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Duped in the grocery aisle: How to tell if you’re buying a sustainable product or an impostor
If you’ve filled up on gas, bought a plane ticket or checked your grocery bill, you know that the fastest…
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12 ways to adjust your vacation for inflation
It’s still summer, and if you plan to travel soon, be prepared to see inflation at nearly every step along…
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