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THE LATEST Business NEWS
Fed raises key rate by half-point, signals more to come

The Federal Reserve announced a smaller hike than it had in its past four meetings at a time when inflation is showing signs of easing.

Biden signs bill to avert freight rail strike

President Joe Biden signed a bill Friday to avert a freight rail strike that he said could have plunged the U.S. into a catastrophic recession.

Using a poll, Musk to restore Trump to Twitter

“The people have spoken. Trump will be reinstated. Vox Populi, Vox Dei,” Musk tweeted, using a Latin phrase meaning “the voice of the people, the voice of God.”

Tentative railway labor deal reached, averting strike, Biden says

WASHINGTON — President Joe Biden said Thursday that a tentative railway labor agreement has been reached, averting a strike that could have been devastating to the economy before the pivotal midterm elections.

Whistleblower cites Twitter security flaws before Congress

Peiter “Mudge” Zatko, a respected cybersecurity expert, appeared before the Senate Judiciary Committee to lay out his allegations Tuesday.

Juul to pay nearly $440M to settle states’ teen vaping probe

Electronic cigarette maker Juul Labs will pay nearly $440 million to settle a two-year investigation by 33 states into the marketing of its high-nicotine vaping products.

Consumer prices rise 6.3% in July as inflation eases

WASHINGTON — Inflation eased last month as energy prices tumbled, raising hopes that the surging costs of everything from gasoline to food may have peaked.

Russian goods still flowing to US 6 months into Ukraine war

BALTIMORE — On a hot, humid East Coast day this summer, a massive container ship pulled into the Port of Baltimore loaded with sheets of plywood, aluminum rods and radioactive material — all sourced from the fields, forests and factories of Russia.

US wholesale inflation fell in July for 1st time in 2 years

WASHINGTON — Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and a sign that some of the U.S. economy’s inflationary pressures cooled last month.

Las Vegas Average Gas Prices
Regular
Diesel
Source: AAA