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U.S. Economy

Global markets sink due to U.S. debt downgrade, but economists remain unconcerned

by Adrian Jhonsan
Global markets sink due to U.S. debt downgrade, but economists remain unconcerned

Traders work on the floor of the New York Stock Exchange, June 29, 2023. Brendan McDermid | Reuters Global stock markets tumbled on Wednesday after ratings agency Fitch downgraded the …

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Categories World

CVS Reports Q2 2023 Earnings with a Focus on Health

by Craig Fedirighi
CVS Reports Q2 2023 Earnings with a Focus on Health

A customer exits a CVS Health Corp. store in Oakland, California, U.S., on Friday, Aug. 2, 2019. Michael Short | Bloomberg | Getty Images CVS Health on Wednesday reported second-quarter …

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Categories Business

Russian forces commit war crimes on Kherson prisoners

by James Odonell
Russian forces commit war crimes on Kherson prisoners

A photo of a hallway in a building where Russian forces established a torture center in Kherson. Photo: Harvey Presence Editor’s note: The following article contains graphic material detailing reports …

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Categories Politics

RSV Vaccines Now Available for Older Adults at Walgreens

by Shawn Butlere
RSV Vaccines Now Available for Older Adults at Walgreens

Respiratory syncytial virus viral vaccine under research. Hailshadow | Istock | Getty Images Walgreens is now offering the respiratory syncytial virus vaccine for older adults nationwide, the pharmacy chain said …

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Categories Health

The US Presidency: Leading the UN Security Council

by James Odonell
The US Presidency: Leading the UN Security Council

U.S. Representative to the United Nations Ambassador Linda Thomas-Greenfield speaks during a joint press conference before a UN Security Council meeting at the United Nations headquarters on June 23, 2023 …

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Categories Politics

Crypto industry celebrates big victories thanks to Congress

by James Odonell
Crypto industry celebrates big victories thanks to Congress

Senator Elizabeth Warren, a Democrat from Massachusetts, speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Tuesday, May 16, 2023. Al Drago | …

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Categories Politics

Senators Target Foreign IP Theft to Safeguard Small Businesses

by James Odonell
Senators Target Foreign IP Theft to Safeguard Small Businesses

Pglam | E+ | Getty Images WASHINGTON — Senators will introduce a bill Thursday that aims to protect the intellectual property of American companies, particularly small-business owners, from foreign actors …

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Categories Politics

Potential Increase in U.S. Regional Bank Failures Anticipated Following Fed Hikes

by Adrian Jhonsan
Potential Increase in U.S. Regional Bank Failures Anticipated Following Fed Hikes

Shark Tank investor Kevin O’Leary predicts the ongoing cycle of U.S. Federal Reserve rate hikes could lead to more regional U.S. bank failures. Fed Chair Jerome Powell said the Fed …

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Categories World

Senate Banking Committee considers proposals to address junk fees outlined by CFPB

by James Odonell
Senate Banking Committee considers proposals to address junk fees outlined by CFPB

Signage at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C. Andrew Kelly | Reuters WASHINGTON — Members of the Senate Banking Committee jostled Wednesday over whether the leading …

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Categories Politics

What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy

by Adrian Jhonsan
What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy

The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for …

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Categories World
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