DOJ confirms antitrust probe of major meatpackers over beef price inflation

The Justice Department confirmed its active investigation of potential antitrust violations in U.S. cattle and beef markets, reviewing more than 3 million documents and interviewing industry participants as federal officials scrutinize whether highly concentrated meatpacking power has contributed to high beef prices.

US restaurant sales fall as Iran war drives up gas prices

With pain at the gas pump reaching new highs due to U.S.-Iran tensions, many consumers are pulling back on dining out. Major restaurant brands report falling revenue as households pivot to cost-saving measures to offset rising daily expenses.

Clinique and M.A.C.-owner Estée Lauder to cut 3,000 more jobs, mainly at its stores

Estée Lauder revealed this week thousands of more job cuts are in the works as the company continues its restructuring effort. The announcement came Friday as the company also increased its annual profit forecast, sending shares higher in pre-market trading. 

US national debt surpasses size of the economy for first time since World War II

The U.S. national debt has now surpassed the size of the U.S. economy, a historic threshold that hasn't been crossed since the conclusion of World War II.

Trump signs DHS funding bill, ending a record shutdown

The House approved a bill on Thursday to fund most of the Department of Homeland Security to end the longest agency shutdown in history.

Wireless prices fall despite inflation, report finds

U.S. wireless prices are declining even as inflation drives up costs across the broader economy, according to CTIA’s 2026 Wireless Affordability Tracker.

Federal government made $186B in improper payments last fiscal year

A new Government Accountability Office (GAO) report reveals that improper federal spending surged to $186 billion in 2025. The GAO found that the bulk of these payments happened within the nation’s largest programs.

BP profit doubles as US gas prices hit highest levels since Iran war began

Petroleum giant BP has earned more than double its profit since the conflict with Iran began two months ago, far exceeding last year’s total. 

Record number of Americans say their financial outlook is ‘getting worse’

A new survey finds rising costs still dominate Americans’ concerns, with a record share saying their financial situation is getting worse. Here’s what to know.

Most Americans blame Trump for rising gas prices, poll finds

A Reuters/Ipsos poll finds that a majority of Americans blame President Donald Trump for rising gasoline prices following the U.S.-Israel conflict with Iran.

College grads enter tough hiring market: Some tips to help with the job hunt

As graduates enter a challenging job market marked by rising unemployment and experience gaps, experts suggest building resilience and leveraging AI tools to help navigate the transition into the real world.

Almost half of Americans say economy is in bad shape and getting worse, survey shows

Americans confidence in the economy has plunged based on findings in a new poll, with the widespread pessimism driven in part by soaring gas prices and the U.S.-Iran conflict.

Major renovations coming to one of the Valley's busiest streets
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The City of Tempe is refreshing Mill Avenue infrastructure for the first time in 40 years. FOX 10's Andrew Christiansen learns what changes are coming in "Refresh Tempe."

Mill Avenue undergoes new renovations in 'Refresh Tempe'

Mill Avenue in Tempe is undergoing significant infrastructure upgrades, including new paving, wider sidewalks, and 120 new trees.

Here's where gas prices are highest and lowest in the US

Gas prices are climbing fast across the U.S., hitting every driver’s wallet. Here’s where it is most – and least – expensive.

Here's where gas prices have increased the most in US

Gas prices are spiking nationwide, with sharp increases hitting every state over the past year. New data reveals where drivers are feeling the biggest jumps.