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Business

‘Confusion And Uncertainty’

WASHINGTON (AP) — Democrats and Republicans don’t agree on much, but they share a conviction that the government should help American manufacturers, one way or another. Democratic President Joe Biden handed out subsidies to chipmakers and electric vehicle manufacturers. Republican ...

Do As I Say, Not As I Do: On My Failings As An Investor

If a knowledgeable observer trained his or her sights on my choices, what are the trouble spots they would identify? Here are some of the biggies. I HOLD TOO MUCH EMPLOYER STOCK I understand the tax implications of this, so I might as well sell each lot of restricted stock units as soon as ...

Walgreens Shareholders Approve $10 billion Private Equity Buyout

The Associated Press Shareholders of Walgreens Boots Alliance overwhelmingly approved the drugstore chain’s $10 billion acquisition by private equity firm Sycamore. It is a rough era for national pharmacy chains like Walgreens, CVS, and Rite-Aid, closing hundreds of stores due to changing ...

Retail Sales Up A Surprising 0.6% In June After A May Pullback By Consumers

WASHINGTON (AP) — After an earlier pullback, consumers picked up their spending in June despite anxiety over tariffs and the state of the U.S. economy. Retail sales rose a better-than-expected 0.6% in June after declining 0.9% in May, the Commerce Department said Thursday. Sales in April ...

Weaknesses Masked

WASHINGTON (AP) — The U.S. labor market delivered another upside surprise last month, churning out a surprisingly strong 147,000 jobs. The unemployment rate ticked down unexpectedly, too. But the headline numbers masked some weaknesses as the U.S. economy contends with fallout from ...