Inflation perked up in October though pretty much in line with Wall Street expectations, the Bureau of Labor Statistics reported Wednesday.The consumer price index, which measures costs across a spectrum of goods and services, increased 0.2% for the month. That took the 12-month inflation rate to 2.6%, up 0.2 percentage...
Month: November 2024
Mattel pulls thousands of ‘Wicked’ dolls off shelves after printing adult web address on packaging
Still from the film "Wicked"Source: Universal StudiosThousands of Mattel's "Wicked"-branded fashion dolls are flying off shelves, but not because of consumer demand.The toy company has been forced to pull its line of character dolls after a package misprint. Instead of listing the website for Universal's "Wicked" movie, boxes featured a...
Top Wall Street analysts like these dividend-paying stocks
The major averages have been on a sharp upward turn since Donald Trump won the presidential election last week, but investors who want to buffer their portfolio from future market shocks may want to add dividend stocks.To select the right dividend stocks, investors can consider the recommendations of top Wall...
Fed’s Kashkari says Trump tariffs could reheat inflation if they provoke global trade ‘tit for tat’
Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 7, 2024. David Swanson | ReutersMinneapolis Federal Reserve President Neel Kashkari said Sunday that President-elect Donald Trump's tariff proposals could worsen long-term...
What Trumpโs historic election victory means for the global economy
A worker is making textile export orders at a production workshop of a textile enterprise in Binzhou, China, on July 8, 2024.Nurphoto | Nurphoto | Getty ImagesDonald Trump's election victory over Vice President Kamala Harris marks a historic return to the White House โ an extraordinary political comeback that is...