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Consumer Goods Prices Rise as Manufacturers Face Higher Costs
Multinational conglomerates like Danone, Nestlé and Procter & Gamble blamed supply chain disruptions for the jump.
Stocks approach records and Bitcoin reaches an all-time high.
A new high for the S&P 500 would cap a volatile stretch of trading that saw the benchmark fall nearly 5 percent in September.
General Electric will require vaccines for its 56,000 U.S. workers.
Large companies, including G.E., have cited a requirement, which President Biden announced in September, that federal contractors be vaccinated when introducing mandates.
Stocks rise for a fifth day, and Bitcoin nears a record high.
On Tuesday, ProShares will offer a long-awaiting exchange-traded fund on the New York Stock Exchange linked to Bitcoin futures, and Bitcoin has been trading at...
Retail Sales Jump in September as Consumers Spend More and Prices Rise
The 0.7 percent increase was better than economists expected as sales at restaurant and bars, gas stations and clothing stores continued to grow last month.
Walgreen’s Vaccinations Exceed Expectations, Bolstering Sales
The drugstore chain’s parent company said that it delivered 13.5 million vaccinations in the three months that ended in September.
Stocks are lifted by earnings reports and economic data.
The Labor Department reported initial claims for state jobless benefits fell to 293,000 last week, down 36,000 from the previous week and the lowest level...
New York Bike Delivery Workers Band Together for Safety
Robbers are targeting them in the city, and thefts of their electric bikes have risen. Many are banding together to protect one another.
Wall Street extends its rally as Senate reaches a deal on debt ceiling.
Stocks were lifted by the prospect of an agreement in the Senate to avoid the U.S. defaulting on its debts.
Stocks fall again as Big Tech stumbles.
Oil prices rose as OPEC met.