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Tag: U.S. Economy

Russia and China would use debt default to portray U.S. as chaotic, intel chief warns

Director of National Intelligence (DNI) Avril Haines testifies during a Senate Armed Services Committee hearing on "Worldwide Threats" at the U.S. Capitol in Washington...

FDA commissioner praises Eli Lilly Alzheimer’s treatment results

FDA Commissioner Dr. Robert Califf speaks at an event celebrating hearing aids being available over the counter at a Walgreens in Washington, D.C., Oct....

House China committee targets top clothing brands in forced labor inquiry

A shopper carries a bag of Nike merchandise along the Magnificent Mile shopping district on December 21, 2022 in Chicago, Illinois.  Scott Olson...

Here’s how the Federal Reserve’s latest quarter-point interest rate hike impacts your money

The Federal Reserve Bank building Kevin Lamarque | ReutersWhat the federal funds rate means to youThe federal funds rate, which is set by the U.S....

CVS beats on earnings and revenue but lowers profit outlook

A CVS location in New York, US, on Thursday, Feb. 9, 2023. Stephanie Keith | Bloomberg | Getty ImagesCVS Health on Thursday reported first-quarter results...

Jeep, Dodge maker Stellantis posts first-quarter revenue jump as chip supply eases

Attendees view vehicles at the Jeep booth during opening day of the 2023 New York International Auto Show (NYIAS) in New York, on Wednesday,...

After First Republic’s rescue, economists predict further pain with a ‘new era’ of higher inflation

Federal Reserve Board Chair Jerome Powell holds a news conference after the Fed raised interest rates by a quarter of a percentage point following...

Gilead Sciences battles U.S. government in court over HIV prevention patent

Gilead Sciences logo displayed on a laptop screen and medical pills are seen in this illustration photo taken in Krakow, Poland on October 18,...

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