David McCormick, the Pennsylvania Senate candidate, blames President Biden for high gas prices, and points to…
Category: Economy
Wingstop CEO says Wingstop is seeing ‘meaningful shrinkage’ in chicken wings
Chicken wings prices have fallen since their rise last year, wing stop CEO Michael Skipworth told…
Tesla removed from S&P 500 ESG index, angering Musk
May 18 (Reuters) – S&P Dow Jones Industrial Average Inc. has removed electric car maker Tesla…
Lowe’s (low) earnings for the first quarter of 2022
A customer pushes a shopping cart toward the entrance to a Lowe’s store in Concord, California,…
Moskvich: Russia needs cars, so it’s restarting this Soviet-era brand
Little is known outside the former Soviet Union and its dependent countries, Moskvich was founded around…
Powell says the Fed won’t hesitate to keep raising rates until inflation drops
US Federal Reserve Chairman Jerome Powell testifies before the House Financial Services Committee on its “Semi-Annual…
Musk Links Deal Progress To Proving Annoying Bots Sharing On Twitter
It seeks to prove that spam bots account for less than 5% of users Twitter says…
This Illinois company just sold for $3 billion, but hundreds of employees took a cut. Some will get $800,000. – Chicago Tribune
When private equity firm KKR announced Monday’s $3 billion sale of CHI Overhead Doors to steel…
Gas worth $5 may spread widely as prices reach another record high
Gas prices are now 27% higher than the day before Russia invaded Ukraine. Andy Lipow, president…
Covid lockdowns affect retail data and industrial production
The ongoing spread of Covid and the resulting stay-at-home orders – primarily in Shanghai – forced…