Massive rail strike could mean more supply chain issues

A possible worker strike would threaten the U.S. economy with an estimated cost of $2 billion per day.

Hard Rock spends $100M to raise pay for non-tipped US staff

Hard Rock International, the global gambling, entertainment and hospitality company, said Monday it is spending over $100 million to give significant raises to 10,000 non-tipped workers, most of them in the U.S.

Biden celebrates Ohio groundbreaking of $20B Intel computer chip facility

President Joe Biden sought to put the spotlight on a rare bipartisan down payment on U.S. manufacturing during a visit on Friday to suburban Columbus, Ohio.

Is inflation cooling off? It depends where you live

Western states facing inflation rate of 9.6% even as price increases show hint of slowdown.

OPEC, allies cutting world oil supplies as prices fall

The move signals their unhappiness with crude oil prices that have dropped because of recession fears.

These states are tapping historic surpluses for tax cuts and rebates

States with extra money from tax revenue and federal pandemic aid are returning billions of tax dollars to people. So far, 31 states have established some type of tax cut or rebate in their areas.

Consumer prices rise to 6.3% in July as inflation begins to ease a bit

A report released by the Commerce Department reveals that a decline in energy prices in July offered some relief amid high prices caused by inflation.

Average new car prices set to hit record $46,259 in August

The average transaction price paid for a new car in August is expected to hit an all-time high, according to J.D. Power, with monthly finance payments also at record levels.

Steak prices decline on waning demand

The cost of steak is on the decline while ground beef prices remain elevated as consumers adjust their protein preferences to escape soaring inflation.

Chicken wing prices drop to pre-pandemic levels — just in time for football season

The price of chicken wings has dropped to its lowest level in years ahead of the start of football season, although the average lower cost may not last through the fall.