Inflation, bird flu impact US bakeries ahead of Easter 2022

The egg price spike is hitting bakeries especially hard, and the days leading up to Easter are some of the busiest of the year for pastry, cookie, and other sweets sales.

Wegmans to eliminate plastic bags at all stores by the end of 2022

In an effort to be more environmentally friendly, the grocery store chain said it plans to incentivize its customers to bring their own reusable bags by charging 5 cents per paper bag that the store provides.

US long-term mortgage rates rise; 30-year loan reaches 5%

Long-term U.S. mortgage rates continued to climb this week as the key 30-year loan rate reached 5% for the first time in more than a decade amid persistent high inflation.

Why Biden is waiving rule on higher levels of ethanol in gas this summer

President Joe Biden says his administration will suspend a federal rule that bars higher levels of ethanol in gasoline during the summer.

Arizona man in $3.5M pandemic loan fraud case gets 4 years

An Arizona man faces four years in prison after pleading guilty to falsely claiming non-existent employees and business revenues when applying for $3.5 million in federal pandemic relief loans in 2020.

Florida woman says she will pay off her mother's house after winning $1M from lotto scratch-off

When asked what she wanted to do with her $1 million lottery prize, the Florida woman said the first thing she wanted to do was pay off her mother's house: "She's done so much for me growing up, this is the least I can do for her."

$17M approved for Maricopa County affordable housing developments

More affordable housing is coming to Maricopa County as $17 million in funding was approved specifically for new housing developments. We have when and where you can find these future homes.

Deutsche Bank predicts US recession in 2023 due to Fed rate hikes

Deutsche Bank is the first major financial institution to predict a recession due to rising inflation and the Federal Reserve's hawkish plan to tame it.

Biden ‘has not ruled out’ canceling student loan debts, White House says

Press Secretary Jen Psaki made the comment the same day the Biden administration announced plans to freeze federal student loan payments through Aug. 31