House candidate's 'pretty bizarre' finances

August 30, 2024

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Welcome to The Hill's Business & Economics Newsletter

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Business and Economics

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Inflation stabilizes as Federal Reserve moves closer to cutting rates

Inflation held steady in July as U.S. households increased spending and saw their incomes rise slightly, according to data released Friday by the Bureau of Economic Analysis.

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Major grocery chain to stop selling cigarettes

Major grocery chain Stop & Shop announced this week that it will stop selling tobacco products.

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Ticker

Upcoming news topics and events to watch:

of Federal Reserve new Beige Book It will be released next Wednesday at 2pm ET.

In other news

Here's a more detailed account of what happened that day:

Travelers are gearing up for the long Labor Day weekend

Airports, highways, beaches and theme parks across the US are expected to be packed this Labor Day…

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Good to know

Business and economic news from other media:

Stocks rose on Friday, with the S&P 500 index rising Four times in a row Winning month (CNBC)
Brazilian judge Stopping the X Platform After refusing to appoint a legal representative (CNN)
how Your salary It will be affected by the Trump-Harris tax reform proposal (CBS News)

What others are reading

Top stories on The Hill right now:

If Trump loses, a Republican civil war is expected

Vice President Kamala Harris has one big advantage in the race: She is not Joe Biden or Donald Trump. read more

Trump campaign criticizes Fox News after polls show Harris leading in battleground states

Former President Trump's campaign is attacking Fox News after it released a poll this week that showed Trump trailing Vice President Harris in several key battleground states ahead of the November election. read more