Inflation: Consumer price increases hit lowest annual inflation rate since early 2021
A closely-watched report on US inflation showed consumer price increases ticked lower during the month of August on an annual basis, according to the latest data from the Bureau of…
Harris Touts Record US Oil Boom in Pitch as Climate Pragmatist
(Bloomberg) — Kamala Harris touted the record US oil boom during her time as vice president in Tuesday’s debate with Donald Trump, signaling a pragmatic approach on energy and climate…
Palm Oil Swings on Biofuel Demand Outlook and Output Concerns
(Bloomberg) — Palm oil fluctuated on its poor production outlook and concerns about the tropical oil’s biofuel appeal following recent declines in petroleum prices. Most Read from Bloomberg Crude oil…
Kate Middleton Has Completed Chemotherapy Treatment for Cancer: What We Know Now
Catherine, Princess of Wales, announced she has completed her chemotherapy treatment for cancer. The public learned in March that she had been diagnosed with cancer and was undergoing chemotherapy. Though…
Supreme Court Holds Life Insurance Proceeds Paid to Closely-Held Corporation to Fund Buy-Sell Agreement Increases Estate Tax on Deceased Shareholder’s Estate
In Connelly v. U.S., 144 S.Ct. 1406 (June 6, 2024), the United States Supreme Court upheld an estate tax deficiency of $889,914 in a decision that will impact many families and…
Gold Steadies Ahead of Inflation Data as Traders Await Rate Cut
(Bloomberg) — Gold steadied after a two-day advance ahead of US inflation data that may offer clues on the size of the Federal Reserve’s expected rate cut next week. Most…
Oil Stages Modest Rebound After Global Demand Concerns Spur Rout
(Bloomberg) — Oil staged a modest rebound after tumbling to the lowest level since late 2021, with an industry group flagging a drop in US stockpiles. Most Read from Bloomberg…
Ozempic Maker Sued Over Claims the Drug Led to Woman’s Colon Removal
A woman is suing the maker of Ozempic after she says severe side effects led to the removal of her colon. She claims she was not warned that this was…
Women Will Be Notified Of Breast Density After a Mammogram: What to Know
The FDA will now require all mammography reports to include whether a person has breast density. Breast density is considered a risk factor for breast cancer and can make it…
California Legislature Sends Governor Bill Prohibiting Employer ‘Captive Audience’ Meetings
On August 31, 2024, the California Legislature passed the California Worker Freedom from Employer Intimidation Act, Senate Bill (SB) No. 399. The bill heads to Governor Gavin Newsom, who has…