Carrefour to halt Pepsi sales over price rises
The French supermarket put notices on shelves in parts of Europe to inform customers of the decision.
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President Biden’s approval among small business owners hits new low, as economic message fails to sell on Main Street: CNBC survey
US President Joe Biden holds up a copy of the Republican’s FY2024 budget as he delivers remarks on Bidenomics and Republican economic policy during an event at Prince George’s Community College, in Largo, Maryland, United States on September 14, 2023. Kyle Mazza | Anadolu Agency | Getty Images With an economy posting significant GDP growth,…
Mortgage rate decline pulls buyers back into the housing market
A sharp drop in mortgage interest rates in December may have kickstarted this year’s spring housing market early. Rates are about a full percentage point lower than they were in October, and consumers expect they will fall even more. Optimism about mortgage rates increased sharply in December, according to a monthly consumer survey by Fannie…
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Congress nears deal to partially restore Biden’s expanded child tax credit
Comment on this storyComment Add to your saved stories Save Congressional lawmakers are closing in on a deal that would partially revive President Biden’s expanded tax credit for lower-income families in exchange for extending tax incentives favored by business interests, according to two people familiar with the matter. The higher child tax credit for lower-income…
Democrats Question Semiconductor Program Ties to Wall Street
Two Democratic lawmakers on Tuesday expressed concerns about ex-Wall Street financiers overseeing the Commerce Department’s distribution of $39 billion in grants to the semiconductor industry, saying the staffing raised questions about the creation and abuse of a revolving door between government and industry. In a letter to the Commerce Department, Senator Elizabeth Warren of Massachusetts…
