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August CPI report shows 0.2% inflation rise, Fed still expected to cut interest rates
Category: News & Politics
>>> consumer prices rose last month while the annual inflation rate hit its lowest level since 2021. it rose .2% since august and july. the inflation rate sits at 2.5% our cbs news contributor is joining me now to tell us what this means. >> there is good, bad and ugly. the good is that the... Read more
Producer price index in August meets expectations as Fed weighs interest rate cut
Category: News & Politics
>>> wall street had a bit of a bumpy start today. the tech heavy nasdaq's are early gains. s&p 500 and dow jones losses. they both leveled off now and federal officials say the the consumer price index rose 2/10 of a percent which is what experts widely expected. follows a rise in the consumer... Read more
Kroger sues the Federal Trade Commission over merger ruling
Category: News & Politics
Kroger sues ftc that has been filled with technical difficulties and delays.>>> grocery giant kroger is challenging a federal trade commission decision that is blocking the company from merging with rival grocery albertson's. kroger filed a lawsuit on monday claiming the agency's administrative... Read more