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Author: Elisabeth Buchwald, USA TODAY

Money

June CPI inflation report: Largest price increases include gas, butter and flour

July 14, 2022Elisabeth Buchwald, USA TODAYComments Off on June CPI inflation report: Largest price increases include gas, butter and flour

CPI breakdown: Some of the largest price increases in June were gas, butter and margarine. Overall inflation hit a new 40-year high of 9.1%

Money

As more companies cover abortion travel in health insurance plans, are interstate travel bans next?

July 6, 2022Elisabeth Buchwald, USA TODAYComments Off on As more companies cover abortion travel in health insurance plans, are interstate travel bans next?

A growing list of companies are covering travel to get an abortion. But are bans on interstate travel coming after Supreme Court’s Roe v. Wade ruling?

Money

Dow, S&P 500, Nasdaq recover losses to eke out gains, oil drops below $100 per barrel

July 5, 2022July 5, 2022Elisabeth Buchwald, USA TODAYComments Off on Dow, S&P 500, Nasdaq recover losses to eke out gains, oil drops below $100 per barrel

The S&P 500, Dow and Nasdaq erase early losses to end slightly higher, but investors remain nervous a recession is on its way.

Money

Is the stock market open on July 4?

July 1, 2022July 1, 2022Elisabeth Buchwald, USA TODAYComments Off on Is the stock market open on July 4?

The bond market closed early on July 1 ahead of July 4th weekend. Stocks had a rough second quarter driven by inflation and recession fears.

Money

EY agrees to pay $100 million fine to settle SEC investigation into ethics exam cheating

June 28, 2022Elisabeth Buchwald, USA TODAYComments Off on EY agrees to pay $100 million fine to settle SEC investigation into ethics exam cheating

EY agreed to pay $100 million to settle an SEC probe which found that some auditors cheated on the ethics section of their CPA exam

Money

Inflation is causing more people to skimp on tips, hitting service workers hard

June 26, 2022Elisabeth Buchwald, USA TODAYComments Off on Inflation is causing more people to skimp on tips, hitting service workers hard

“I’m really pinching my pockets and I’m going, ‘crap, crap, crap – I haven’t paid my water bill in two months,” said a bartender whose tips are down.

Money

Companies paying for abortion-related travel include Dick’s Sporting Goods, Google, Disney

June 24, 2022June 27, 2022Elisabeth Buchwald, USA TODAYComments Off on Companies paying for abortion-related travel include Dick’s Sporting Goods, Google, Disney

The Supreme Court overturned Roe v. Wade on Friday, prompting more companies to announce new policies to cover travel costs to get an abortion.

Money

Stocks rallied after Powell says big rate hikes will be less common

June 15, 2022Elisabeth Buchwald, USA TODAYComments Off on Stocks rallied after Powell says big rate hikes will be less common

Stocks closed higher after the Fed’s rate decision. The Fed raised rates by 75 basis points. Investors continue to worry about a recession unfolding.

News

S&P 500 closed in bear market, losing nearly 4% in one day as investors ready for a Fed meeting this week

June 13, 2022June 13, 2022Elisabeth Buchwald, USA TODAYComments Off on S&P 500 closed in bear market, losing nearly 4% in one day as investors ready for a Fed meeting this week

The S&P 500 closed in a bear market on Monday. Investors are weighing in a potential 75 basis point rate hike ahead of the Fed’s Wednesday meeting

Money

Inflation is scorching in once-affordable Phoenix. And rising gas, food prices are not to blame

June 10, 2022June 13, 2022Elisabeth Buchwald, USA TODAYComments Off on Inflation is scorching in once-affordable Phoenix. And rising gas, food prices are not to blame

Phoenix home prices have been rising as more people from California move to the city to work remotely. But many residents are getting priced out

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