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As inflation cools, estimate for 2025 Social Security cost-of-living adjustment goes down
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MarketWatch - Business
Altria’s profit climbs, but adjusted profit falls short of estimates
A Jefferies analyst reiterates a ‘buy’ rating and says the tobacco giant’s share of non-smoking products is growing.23 hr ago -
ABC News - Top stories
Director of Heritage Foundation's Project 2025 is stepping down
Paul Dans, the director of the Heritage Foundation's 2025 Presidential Transition Project, is stepping down amid intense scrutiny of the conservative blueprint.17 hr ago -
ABC News - Top stories
Paychecks grew more slowly this spring, a sign inflation may keep cooling
Pay and benefits for America’s workers grew more slowly in the April-June quarter than in the first three months of the year, a trend that could keep price pressures in check and encourage the inflation-fighters at the Federal Reserve33 min ago -
The New York Times - Business
Fed Opens Door to September Rate Cut if Inflation Stays Cool
Federal Reserve officials left interest rates unchanged but signaled that a rate cut could be imminent as they watch inflation and the labor market.15 hr ago - Federal Reserve -
CNBC - Business
Powell says September rate cut 'on the table' if inflation data continues to cool
Fed Chair Jerome Powell said Wednesday that central bankers would consider the "totality" of data in determining when to cut.15 hr ago -
CBS News - Top stories
Fed maintains benchmark interest rate despite inflation cooling
The Federal Reserve on Wednesday maintained its benchmark interest rate even as inflation has cooled. CBS News business analyst Jill Schlesinger explains when to expect the Fed to cut rates.1 hr ago - Federal Reserve -
The Wall Street Journal - World
Head of Project 2025 Steps Down Following Trump Criticism
The group had set an agenda for a second Trump term but was criticized by the former president.18 hr ago - Donald Trump -
The Hill - Politics
Project 2025 director steps down amid Trump campaign criticism
The director of the Heritage Foundation-led Project 2025, Paul Dans, is departing from the role, the conservative think tank’s president Kevin Roberts said Tuesday. “When we began Project 2025 in April 2022, we set a timeline for the project to ...18 hr ago - Donald Trump -
The Guardian - World
Project 2025 director to step down after ‘pressure from Trump campaign’
Paul Dans ‘will be departing the team’ over potential government staffing if Trump wins in November. What is Project 2025 and what is Trump’s involvement? The leader of Project 2025 is stepping down from his role amid a power struggle over ...17 hr ago - Donald Trump -
NBC News - Politics
Project 2025 winding down policy work following criticism from Trump
The Heritage Foundation official leading Project 2025 is stepping down and the group is winding down its policy work following sustained criticism by former President Donald Trump and his campaign.13 hr ago - Donald Trump
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Moderna stock falls more than 15% as it slashes guidance on low EU sales, tough U.S. vaccine market
Moderna now expects 2024 product revenue to come in between $3 billion and $3.5 billion, down from a previous guidance of $4 billion.1 hr ago -
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Markets are clamoring for the Fed to start cutting soon: 'What is it they're looking for?'
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Wayfair CEO likens home goods slowdown to 2008 financial crisis
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Biogen beats expectations, hikes outlook as Alzheimer's drug Leqembi and other new products gain traction
Uptake of Biogen's breakthrough Alzheimer's drug, Leqembi, appears to be picking up, with roughly $40 million in sales for the quarter.56 min ago -
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Your health records are coming to new apps. Here's why
It's about to get a lot easier for patients in the U.S. to access their own medical records.1 hr ago