Fact check: Are Democrats to blame for rising inflation?

New York (CNN Business)Higher prices have been the pandemic recovery’s collateral damage. Even though Washington insists higher inflation may just be temporary, America’s prices keep rising — albeit at a slightly slower pace. The pace of consumer price inflation slowed some in July, but it still remained elevated, the Bureau […]

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Wall Street Aims To Open Higher

Reactions to reports on private sector employment and service sector activity in the month of July might be the highlight on Wednesday. Activision Blizzard (ATVI), Amgen (AMGN), Avis Budget (CAR), Live Nation (LYV), Lyft (LYFT), and Prudential (PRU) are among the companies releasing their quarterly results after the close of […]

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Senate OKs Dems' $3.5T budget in latest win for Biden

WASHINGTON — Democrats pushed a $3.5 trillion framework for bolstering family services, health, and environment programs through the Senate early Wednesday, advancing President Joe Biden’s expansive vision for reshaping federal priorities just hours after handing him a companion triumph on a hefty infrastructure package. Lawmakers approved Democrats’ budget resolution on […]

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