Articles

$880 billion in Medicaid cuts would be ‘devastating’ for nursing homes and their residents

The nursing-home industry finds itself in the crosshairs of a congressional budget debate.

Bulls beware: A volatile stock market like this one is dangerous and can easily turn

What began as an oversold rally in early April is now generating some buy signals, but that doesn’t mean all is bullish again.

Medical-products maker Becton Dickinson says cuts in global research funding have hurt sales

“It’s become clear that pressure on research spending increased in the second quarter and will likely persist through fiscal year 2025,” the company said.

April jobs report to give first hard evidence on whether trade wars have hurt hiring

Americans say jobs are harder to find and businesses say they are scaling back plans to hire because of the trade wars. The April jobs report might offer the first hard evidence on whether President Donald Trump’s tariffs are harming the U.S. labor market.

Why Kohl’s investors are happy its new CEO was fired after just 106 days at the helm

The discount department store’s stock recently closed at a 30-year low, and had been losing to those of its rivals by a wide margin.

Hershey using ‘every lever in the toolbox’ to reduce impact of cocoa tariff

Chocolate giant says “unmitigated” impact of tariffs may cost up to $100 million per quarter.

‘Sell America’ fears look more like ‘buy less’ as Treasury auctions loom and a debt-limit battle brews

Foreign investors are buying fewer Treasurys at auction – and Americans should be worried

Don’t let your grandchildren destroy your nest egg. Here’s how to help without hurting yourself.

About 96% of grandparents financially support their grandchildren in some way.

American manufacturers are slumping again — and trade wars are to blame

American manufacturers had just begun to emerge from a long slump when the Trump trade wars struck. Now they have fallen back into contractionary territory as they try to cope with widespread tariffs.

A flat $1,660 monthly Social Security benefit for everyone? It’s one proposed CBO remedy.

Even this radical rethink would only pay for about 12% of the cost of the tax cuts currently being considered by Donald Trump and congressional Republicans.

Are consumers under spending pressure? Not according to Mastercard’s earnings.

Mastercard’s CEO noted weakening consumer sentiment but said “the fundamentals that support consumer spending have been solid.”

Jobless claims rise to highest level since October, but not from tariff war

Companies are not laying off workers by large amounts, and are still watching and waiting amid uncertainty about how the economy manages the higher tariffs.
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