Breaking News
Consumer prices surged 5 percent in May, fastest pace since 2008
Inflation soared by 5 percent in May, the fastest year-over-year pace since 2008, as surging demand from the reopening economy met supply chains choked with shortages. Rising prices in the heating, yet fragile, economy ...
New FAQs available to aid families and small business under the American Rescue Plan
IR-2021-128, June 11, 2021 — The Internal Revenue Service today posted two new, separate sets of frequently-asked-questions (FAQs) to assist families and small and mid-sized employers in claiming credits under the American Rescue Plan ...
Top US regulators pledge to seek reforms for money markets
Top regulators pledged Friday to push reforms in a key corner of U.S. financial markets that the Federal Reserve and Treasury had to rush to support after it was roiled during the coronavirus outbreak ...
What automakers and consumers can learn from the chip shortage crunch
The global chip shortage that has idled automotive plants, delayed shipments of new vehicles and pushed transaction prices to record levels may soon relent as early as this fall. But the dramatic impact of ...
Shop Owner’s Plea as California Reopens: ‘I Need Customers’
Back in business now but with government-imposed restrictions, Medina and other merchants and restaurateurs on Olvera Street — and those around the state — are still struggling and facing an uncertain future even as ...
