In Biden’s Big Bill: Climate, Healthcare, Deficit Reduction – US News & World Report | CialisWay

By LISA MASCARO, AP’s Conventional Correspondent WASHINGTON (AP) – The largest investment to date in the United States to combat climate change. A hard-fought cap on out-of-pocket prescription drug costs for seniors in the Medicare program. A new minimum corporate tax to ensure big companies pay their share. And billions are left over to pay … Read more

Strong US hiring rate likely to ease as recession fears mount – US News & World Report | CialisWay

By PAUL WISEMAN, AP business writer WASHINGTON (AP) – The US job market has defied raging inflation, rising interest rates and growing fears of a recession. Month after month, US employers hired hundreds of thousands of workers, often exceeding forecasts. But now economists fear signs of weakness are emerging in recruitment, threatening one of the … Read more

Stock futures tumble to start August trading as market wraps up best month since 2020 – CNBC | CialisWay

European markets cautiously start August trading; HSBC up 6% Alibaba says it will work to resume trading in the US and Hong Kong after being placed on the SEC’s delisting risk list Chinese e-commerce giant Alibaba said it will comply with US regulators and work to maintain its listings in New York and Hong Kong. … Read more

Wall Street closes higher after shaky start to GDP report – TribDem.com | CialisWay

Stocks ended higher across the board on Thursday as investors grew more optimistic that a slowdown in the US economy means the Federal Reserve can moderate its aggressive rate hikes aimed at taming inflation. The S&P 500 rose 1.2% as more than 80% of stocks in the benchmark index closed higher. The Dow Jones Industrial … Read more