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.

Toyota recalls 460,000 vehicles for stability control glitch

Toyota is recalling about 460,000 vehicles in the U.S. to fix a software problem that can inadvertently disable the electronic stability control system.

Etsy strike blamed on fee increase

Thousands of Etsy sellers are going on strike over rising transaction fees.

Target’s annual car seat trade-in event begins April 18

Target will take your old, expired and damaged car seat in return for a 20% off coupon that can be used towards purchasing a new car seat, stroller or other select baby gear.

Krispy Kreme to sell a dozen glazed doughnuts for average US gas price

Krispy Kreme is tapping its "strategic doughnut reserve" and will sell a dozen original glazed doughnuts for the average U.S. gas price on Wednesdays.

Airfares skyrocket due to jet fuel costs but travelers don't care

Domestic airfare costs $330 on average per round trip. Travel website Hopper was not expecting the U.S. air travel market to hit that number until June.

People are 'overwhelmed' by the number of streaming options, Nielsen survey finds

Nearly half of U.S. adults surveyed said it’s harder to find the video content they want to watch because there are too many streaming services available.

NYC doormen threaten to strike

New Yorkers living in some of the city's most expensive building may soon have to open their own doors and fend for themselves if doormen and other staffers go on strike.

Once a retail giant, Kmart down to three U.S. stores after NJ closing

Once the Kmart in Avenel, New Jersey, shutters, the number of Kmarts in the U.S. -- once well over 2,000 – will be down to three last holdouts. In its heyday, Kmart sold product lines endorsed by celebrities Martha Stewart and Jaclyn Smith, sponsored NASCAR auto races and was mentioned in movies like "Beetlejuice."

Walmart, Kohl's falsely marketed 'bamboo' fiber in bedding, towels, bras: FTC

The FTC is pressing legal action against Walmart for the claims of bamboo construction after it claims it sent multiple warning letters to the company.

Food prices soar to record levels amid Russia-Ukraine war, supply disruptions

Prices for food commodities like grains and vegetable oils reached their highest levels ever in March 2022 because of Russia's war in Ukraine, the U.N. said.

Kinder chocolate recall: Risk of salmonella contamination

Ferrero U.S.A. is recalling its Kinder Happy Moments Chocolate Assortment box and its Kinder Mix Chocolate Treats basket due to the risk of contamination with salmonella, which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems.

The best and worst times to buy a car amid EV trends and supply-chain woes

If you’re planning to buy a car — new, used, electric, or hybrid — here are some things to consider before making your purchase, according to a car-buying expert.

Toyota buyers to lose US electric vehicle tax credits

The automaker expects that sometime before the end of June it will reach a 200,000-vehicle cap on the credits.