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The Fed was expected to hike interest rates in September. Don’t bet on that now, economists say.

What a difference a day can make for monetary policy.  On Thursday, interest rate futures were decidedly tilted toward the Federal Reserve hiking its benchmark rate in September, according to CME FedWatch, which tracks traders to forecast the central bank’s policy decisions. But after Friday morning’s dismal July jobs report, which showed that employers unexpectedly…

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Antihistamine recall across the U.S. triggered by heartburn drug contamination risk, FDA says

A generic version of the brand-name allergy medication Zyrtec is under recall across the U.S. due to potential cross-contamination with a heartburn drug, according to the Food and Drug Administration.  Drugmaker Unique Pharmaceutical Laboratories is voluntarily recalling antihistamine drugs, commonly used to treat seasonal allergies, over potential cross-contamination with ranitidine, a heartburn drug. Unique Pharmaceutical…

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