Retail sales rose 0.9 percent in April

Retail sales rose 0.9 percent in April as a rebound in automobile sales and a pickup in dining powered another monthly increase in consumer spending, according to data released Tuesday by the Census Bureau. Sales by retailers, restaurants and bars totaled $677.7 billion in April, according to the Census Bureau,...

DeLauro files legislation to address baby formula shortage

House Appropriations Committee Chairwoman Rosa DeLauro (D-Conn.) on Tuesday filed supplemental funding legislation to address the nationwide baby formula shortage. If passed, the legislation would greenlight $28 million in emergency funds to help the U.S. Food and Drug Administration (FDA) address the shortage and prevents future shortages, the congresswoman’s office...

Plunge in crypto values boosts calls for regulations

A plunge in cryptocurrency values and the collapse of popular tokens are stoking panic among some investors and boosting pressure on Washington to act. Rising interest rates and recession risks have caused sharp sell-offs across financial markets, including the stock market. Many crypto investors have seen their holdings evaporate —...

Page 1 of 227 1 2 227