The plan does not appear to amount to government price controls. It also might not bring down grocery bills anytime soon.
Category: United States Economy
-
U.S. Added 818,000 Fewer Jobs Than Reported Earlier
The Labor Department issued revised figures for the 12 months through March that point to greater economic fragility.
-
What Business Wants to Learn About Kamala Harris’s Policies
Heading into the Democratic National Convention, many of the vice president’s policies have yet to be explained. Corporate leaders hope that will change.
-
Harris and Trump Offer a Clear Contrast on the Economy
Both candidates embrace expansions of government power to steer economic outcomes — but in vastly different areas.
-
The Big Number: 2.9%
The rate of inflation in July on a yearly basis.
-
Kamala Harris’s War on Prices Hits the Campaign Trail
Vice President Kamala Harris is expected to make her pitch on Friday for tackling America’s affordability crunch, but many economists are skeptical.
-
U.S. Awards $1.6 Billion to Texas Instruments to Build Semiconductor Plants
The funding stems from the bipartisan CHIPS Act, which aims to bolster the production of critical semiconductors in the United States.
-
Kamala Harris Blames ‘Price Gouging’ for Grocery Inflation. Here’s What Economists Say.
Price increases when demand exceeds supply are textbook economics. The question is whether, and how much, the pandemic yielded an excess take.
-
Retail Sales Were Up 1% in July, Easing Concerns About the Economy
Sales were up 1 percent in July from the previous month. The rise was slimmer when autos and gasoline were excluded, but market reaction was favorable.
-
The economy moves center stage in the election
Inflation is cooling but hiring is slowing as Kamala Harris and Donald Trump fine tune their pitch to voters.
-
Walmart Sees Higher Sales From Picky Shoppers
The retail giant raised its forecasts as it attracted bargain-hunting shoppers strained by inflation, drawing in high-income households in particular.
-
Inflation Progress Cheers Biden and Democrats
Soaring prices have been a political albatross for the Biden administration.