Aug 31 WATCH: Trump says more pharmaceutical companies will lower drug prices By Associated Press The president said nine more pharmaceutical companies would sell their drugs to state Medicaid programs at discounts under his so-called “most favored nation” pricing system. Continue reading
Aug 24 3-year college degrees grow more popular in the U.S., saving time and cash. But critics aren't sold By Heather Hollingsworth, Associated Press A growing number of colleges are offering three-year degree programs, which cut a year off a traditional bachelor's with reduced credit. Continue reading
Aug 14 U.S. retail sales unexpectedly post largest drop in more than a year By Anne D'Innocenzio, Associated Press The drop in spending raised concern among some economists about the resiliency of consumers who have powered the economy forward despite nagging inflation and soaring gasoline prices. Continue reading
Aug 13 Wholesale price inflation slows last month as gas and food costs fall By Christopher Rugaber, Associated Press Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike and other costs also cooled, a sign that consumer inflation could grind lower in the months ahead. Continue reading
Aug 12 Inflation cooled last month as gas prices fell, though costs remain elevated By Christopher Rugaber, Associated Press The modest decline could ease pressure on the Federal Reserve to raise their key interest rate to combat rising costs. Yet prices are still rising more quickly than average wages, underscoring the struggle many Americans have had with more expensive… Continue reading
Jul 27 WATCH: Trump defends his economic policies and tariffs during Michigan visit to General Motors By Will Weissert, Darlene Superville, Associated Press Trump argued that his economic policies have revived the auto industry and American manufacturing even as many businesses contend that the sweeping tariffs he’s imposed against Canada and the rest of the world have hurt the state. Continue reading
Jul 24 Gas, groceries and back-to-school items are where shoppers might see higher oil prices surface By Anne D'Innocenzio and Cathy Bussewitz, Mae Anderson, Associated Press Already feeling pinched since the start of the Iran war, consumers are likely to feel more pain ahead as oil prices pushed past $100 a barrel Thursday amid renewed fighting and military strikes that have left global oil supplies stranded… Continue reading
Jul 23 WATCH: Trump expands pledge aimed at shielding consumers from energy cost hikes due to data centers By Josh Boak, Associated Press The president first announced the pledge with leading AI and tech companies in March, but that initial commitment has done little to comfort voters who are already grappling with affordability issues as they worry about competing for electricity, water and… Continue reading
Jul 20 U.S. gas prices hit an average of $4 a gallon again as the U.S. and Iran launch attacks By Associated Press The price is a national average, meaning drivers in some states have been paying well over $4 a gallon for a while now. Continue reading
Jul 10 Trump will let bipartisan housing bill become law without signing in protest over GOP voter ID law By Michelle L. Price, Josh Boak, Associated Press Trump had 10 days until the Friday deadline to sign the bill, issue a veto, or allow the measure to take effect without his signature. Continue reading