Key inflation measure slowed in April for the first time since 2020
High inflation is still causing hardships, but any slowing of price increases, if it can be sustained, will provide some modest relief.
High inflation is still causing hardships, but any slowing of price increases, if it can be sustained, will provide some modest relief.
Pending home sales slide for sixth straight month, slowest pace in nearly a decade
Signed contracts dropped by nearly double what analysts expected in April.
Signed contracts dropped by nearly double what analysts expected in April.
More Memorial Day travel expected, despite high gas prices
AAA estimates that millions of people will travel 50 miles or more during the holiday weekend with the majority of them driving their cars.
AAA estimates that millions of people will travel 50 miles or more during the holiday weekend with the majority of them driving their cars.
CEO pay up 17% as profits, stocks soar; employees fall behind
Compensation for CEOs who run the largest companies in America jumped to an average of $14.5 million.
Compensation for CEOs who run the largest companies in America jumped to an average of $14.5 million.
Bank of America to raise minimum wage to $22 an hour
It’s part of the bank’s phased approach to raising its minimum wage to $25 an hour by 2025.
It’s part of the bank’s phased approach to raising its minimum wage to $25 an hour by 2025.
Coca-Cola to phase out Honest tea products amid supply chain backlogs, dwindling sales
The global drink company will, however, continue to produce its Honest Kids line of organic juice drinks.
The global drink company will, however, continue to produce its Honest Kids line of organic juice drinks.
Biden launches Indo-Pacific trade deal with 12 nations, warns over inflation
Biden launched the new Indo-Pacific trade deal aimed at strengthening economies as he warned Americans worried about inflation that it is “going to be a haul” before they feel relief.
Biden launched the new Indo-Pacific trade deal aimed at strengthening economies as he warned Americans worried about inflation that it is “going to be a haul” before they feel relief.
Baby formula shortage: 78,000 pounds of formula arrives in US
The flight was the first of several to provide “some incremental relief in the coming days” as the government tries to address a critical baby formula shortage.
The flight was the first of several to provide “some incremental relief in the coming days” as the government tries to address a critical baby formula shortage.
As inflation soars, one-third of Americans are experiencing financial stress: Survey
More than one-third of households reported difficulties in paying bills recently.
More than one-third of households reported difficulties in paying bills recently.
Stocks close just above bear market after turbulent day
The S&P 500 ended 18.6% below the record high it set in early January.
The S&P 500 ended 18.6% below the record high it set in early January.
Biden: South Korean computer chip plant a model for deeper ties to Asia
President Joe Biden opened a trip to Asia on Friday by touring a South Korean computer chip factory that will be the model for a semiconductor factory in Texas.
President Joe Biden opened a trip to Asia on Friday by touring a South Korean computer chip factory that will be the model for a semiconductor factory in Texas.
House approves bill to take aim at gasoline 'price gouging'
A bill backed by House Democrats would give President Joe Biden authority to declare an energy emergency and ban excessive or exploitative fuel prices.
A bill backed by House Democrats would give President Joe Biden authority to declare an energy emergency and ban excessive or exploitative fuel prices.
BBB warns against baby formula scams amid national shortage: 'Scammers are watching'
The baby formula shortage could inspire scammers to strike online, the Better Business Bureau warns.
The baby formula shortage could inspire scammers to strike online, the Better Business Bureau warns.
Nestle flies baby formula to US from Europe to ease shortage
Nestle is shipping Gerber baby formula from the Netherlands and Alfamino formula from Switzerland to the United States to help with a formula shortage crisis that has left parents struggling to find supplies in stores.
Nestle is shipping Gerber baby formula from the Netherlands and Alfamino formula from Switzerland to the United States to help with a formula shortage crisis that has left parents struggling to find supplies in stores.
Wendy's, McDonald's lawsuit claims burger ads mislead consumers on patty sizes
Attorney James C. Kelly told FOX Business, 'There is no good reason why Wendy’s and McDonald’s should be allowed to use trickery in their advertising.'
Attorney James C. Kelly told FOX Business, 'There is no good reason why Wendy’s and McDonald’s should be allowed to use trickery in their advertising.'
Walmart targets college grads for future manager jobs earning $200K
College grads can apply for Walmart’s new management trainee program with a chance to land a store manager gig that pays more than $200,000 a year.
College grads can apply for Walmart’s new management trainee program with a chance to land a store manager gig that pays more than $200,000 a year.
Travel expert warns pilot shortage crisis will get 'bigger and bigger'
The Points Guy founder and CEO Brian Kelly said "When they (airlines) don't have enough pilots, there's less flights, and less flights means more expensive flights."
The Points Guy founder and CEO Brian Kelly said "When they (airlines) don't have enough pilots, there's less flights, and less flights means more expensive flights."
6 months in, Biden's infrastructure plan has 4,300 projects
The Biden administration announced $110 billion for the projects will be used for federal highways, public transit, bridges, safety, and airports. This news comes months after President Joe Biden signed the $1 trillion infrastructure bill into law.
The Biden administration announced $110 billion for the projects will be used for federal highways, public transit, bridges, safety, and airports. This news comes months after President Joe Biden signed the $1 trillion infrastructure bill into law.
National gas price average hits new record high at $4.45 per gallon
The national average gas price hit a record high Saturday and is expected to continue rising as the energy supply crunch in the U.S. rages on.
The national average gas price hit a record high Saturday and is expected to continue rising as the energy supply crunch in the U.S. rages on.
Bitcoin tumbles, a stablecoin plunges in wild week in crypto
Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry's highest-profile companies lost a third of its market value.
Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry's highest-profile companies lost a third of its market value.