Drug prices could give Democrats a midterms lifeline

Vulnerable Democrats believe finally passing a law to let Medicare negotiate the prices it pays for some prescription drugs will give them a much-needed lifeline in what's otherwise been shaping...

America's most vulnerable bear the brunt of high inflation

While inflation eased slightly last month, it continues to remain high and new data shows it's having an outsized, negative impact on Native American, Black and Latino families in particular,...

Inflation is finally slowing down. Will things get cheaper?

A customer makes a purchase at Shell Lumber and Hardware in Miami, Florida, on July 13. Inflation cooled to 8.5 percent in July from a year ago, an improvement from 9.1 percent in June. | Joe...

Former U.S. Treasury secretaries back drugs, climate, tax bill

By David Lawder WASHINGTON - Five former U.S. Treasury secretaries - four Democrats and one Republican -- on Wednesday voiced support for a proposed $430 billion drugs, energy and tax bill,...

Washington Watch: Gas stoves targeted as Illinois congressman alleges consumer watchdog has sat on decades of...

Rep. Raja Krishnamoorthi, an Illinois Democrat, sent a letter to the Consumer Product Safety Commission. He alleges that the commission has been aware of the potential dangers since 1986 based on...

Harvard University and Filecoin Foundation for the Decentralized Web Plan to Preserve Digital Information

On July 27, the Filecoin Foundation for the Decentralized Web (FFDW) announced it will be supporting an initiative with Harvard University’s Library Innovation Lab (LIL) called the “Democratizing...

Dems seem headed, finally, toward triumph on climate, health

WASHINGTON (AP) — It’s been more than a year in the making and has seen plenty of ups and downs. Now, a Democratic economic package focused on climate and health care faces hurdles but seems...

In race for monkeypox vaccines, experts see repeat of COVID

LONDON (AP) — Moves by rich countries to buy large quantities of monkeypox vaccine, while declining to share doses with Africa, could leave millions of people unprotected against a more dangerous...

Powell pushing Asia into a new financial crisis

In the short run, the Fed’s decision to hike interest rates Wednesday was greeted by investors as welcome news. But Fed Chairman Jerome Powell's past mistakes are about to wreck the second half of...

Embrace the uncertainty' from less central bank guidance

By Lisa Pauline Mattackal - Investors and policymakers should welcome the Federal Reserve's changing tack to provide less definitive signals on forward guidance, even as markets scramble to guess...

What the strong dollar means for you

For the first time in about two decades, the euro’s value is about that of a US dollar. | Paul Zinken/picture alliance via Getty Images The soaring value of the US dollar has broad...

Powell pushing Asia into a new financial crisis

In the short run, the Fed’s decision to hike interest rates Wednesday was greeted by investors as welcome news. But Fed Chairman Jerome Powell's past mistakes are about to wreck the second half of...

Pennsylvania Has A Youth-Crime Crisis

Pennsylvania Has A Youth-Crime Crisis Authored by Michael Torres via RealClear Pennsylvania, A group of seven young Philadelphia teens were caught on surveillance camera beating a...

Climate disinformation leaves lasting mark as world heats

In 1998, as nations around the world agreed to cut carbon emissions through the Kyoto Protocol, America's fossil fuel companies plotted their response, including an aggressive strategy to inject...

Tim Giago, trailblazing Native American journalist, dies

Tim Giago, the founder of the first independently owned Native American newspaper in the United States, has died at age 88, his former wife said.Giago, who died at Monument Health in Rapid City on...

Where young adults moved to based on race and ethnicity

It turns out millennials haven’t strayed very far from the areas where they grew up.A study released Monday by Harvard University and U.S. Census Bureau researchers found that by age 26, more than...

The Rental Trap: This San Antonio mom who spends half her income on rent is ‘just trying to scrape by’

The Rental Trap is a new MarketWatch column profiling tenants who are severely rent-burdened. With rental prices rising nationwide, there has never been a better time to examine how high housing...

Retire Better: A big problem is looming for older Americans

More than one in five adults were caregivers in 2020, providing care for an adult or child with special needs during the preceding year. This number grew more than a quarter between 2015 and 2020....

The 4 most 'recession-proof' industries to work in, according to economists

Inflation continues to soar, causing chaos in the stock market. Companies are starting to prepare for the worst with layoffs, hiring freezes and rescinding job offers. "Job prospects are going to...

Here's how much money you need to earn to buy a home near

CNN.com will feature iReporter photos in a weekly Travel Snapshots gallery. Please submit your best shots of the U.S. for next week. Visit CNN.com/Travel next Friday for a new gallery of snapshots...

How much do you need to earn to afford a house in Greater Boston? At least $181000 a year, says new study

A typical home in Greater Boston costs more than $181,000. That's according to data compiled by Harvard University's Joint Center for Housing Studies. The figures are probably no surprise to...

Here's why major cities may still be worth their high cost of living

The average rent for 1-bedroom apartments in Manhattan rose to $3,995 a month in May 2022 — a 41% increase from one year ago. Sudden, double-digit rent spikes are hitting other hubs, including...

US economy shrinking at start of 2022 is 'shocking': Harvard economist

Harvard University professor Kenneth Rogoff said that a contraction in the U.S. economy in the first quarter is “shocking.”

Rapid Inflation, Lower Employment: How the U.S. Pandemic Response Measures Up

U.S. spent more aggressively to protect its economy from the pandemic than many global peers. That strategy has helped to foment more rapid inflation. Now, though, America is grappling with what...

Weekend reads: How to position your investments before the Federal Reserve causes a bear market

Federal Reserve Chairman Jerome Powell has been quoted as saying inflation in the U.S. was “transitory” Do you remember all the times Powell said inflation was ‘transitory?’ Share your memories of...

Record-high inflation could mean a bigger Social Security cost-of-living adjustment in 2023

Consumer Price Index rose a record 8.5% in March from a year ago. Social Security benefits received a record 5.9% cost-of-living adjustment for 2022. Those increases have since been outpaced by...

Crispr Patent Ruling Picks Winners in Dispute Over Gene-Editing Technology

The U.S. Patent and Trademark Office has ruled that the Broad Institute deserves the credit for inventing Crispr. The ruling is the latest in a long-running legal dispute over the use of the...

Target boosts its starting pay for some jobs to $24 an hour

New York Target is raising its starting wage for workers in some positions to up to $24. The increase will apply to hourly workers at its discount stores, supply chain facilities and headquarters....

These workers are the only ones really seeing higher wages

Inflation-adjusted wages, which have been falling steadily since mid-2020, are 1.2% below where they were in December 2019, according to an analysis of Employment Cost Index quarterly data by...

U.S. Supreme Court to hear challenge to race-conscious college admissions

The U.S. Supreme Court on Monday agreed to hear a bid to bar Harvard University and the University of North Carolina from considering race in undergraduate admissions in a case that imperils...

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