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.
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.
Gas prices could surpass $6 nationwide by August, JPMorgan says
With gas prices hitting new records nearly every day, some analysts are projecting that the national average could surge past $6 per gallon by the end of the summer.
With gas prices hitting new records nearly every day, some analysts are projecting that the national average could surge past $6 per gallon by the end of the summer.
Verizon raises fees for wireless service, adds new charge for businesses
The telecommunications giant's moves come as inflation continues to run near a 40-year high.
The telecommunications giant's moves come as inflation continues to run near a 40-year high.
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.
Retiring on high seas: More living out golden years aboard cruise ships
With home prices skyrocketing and cruising increasing in popularity, more people are looking to live out their golden years out on the open seas.
With home prices skyrocketing and cruising increasing in popularity, more people are looking to live out their golden years out on the open seas.
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.
Inflation gave most Americans a 2.6% wage cut in April
The typical US worker is worse off today than they were a year ago due to inflation.
The typical US worker is worse off today than they were a year ago due to inflation.
Alaska mom says baby formula shortage 'creating extra panic' as she launches group for struggling parents
Allie Seckel of Kodiak, Alaska, also revealed how parents can avoid online scams.
Allie Seckel of Kodiak, Alaska, also revealed how parents can avoid online scams.
Abbott says it will be at least two months before baby formula from shuttered plant hits shelves
The baby formula shortage continues to get worse.
The baby formula shortage continues to get worse.
Baby formula shortage: Which foods and techniques boost breast milk production?
Baby formula is the latest staple to be hit by supply chain shortages in the U.S.
Baby formula is the latest staple to be hit by supply chain shortages in the U.S.
Biden sees a bigger role for US farms due to Ukraine war
President Biden vowed to help farmers try to ease a global spike in food prices as he visited a family farm and unrolled policies meant to increase harvests in ways that the administration believes could also help to reduce grocery bills at home.
President Biden vowed to help farmers try to ease a global spike in food prices as he visited a family farm and unrolled policies meant to increase harvests in ways that the administration believes could also help to reduce grocery bills at home.
US casinos experienced best month ever in March, winning $5.3B
While the national casino economy is doing well, there are pockets of sluggishness such as Atlantic City, where in-person casino revenue has not yet rebounded to pre-pandemic levels.
While the national casino economy is doing well, there are pockets of sluggishness such as Atlantic City, where in-person casino revenue has not yet rebounded to pre-pandemic levels.
US inflation hit 8.3% in April but slows from 40-year high
Consumer prices jumped 8.3% last month from 12 months earlier, the Labor Department said Wednesday.
Consumer prices jumped 8.3% last month from 12 months earlier, the Labor Department said Wednesday.
Here's how much more you'll be paying for food in 2022, according to USDA estimates
The USDA’s Food Price Outlook estimates that prices at the grocery store will increase by 5%-6% in 2022. Overall, food prices were 8.8% higher in March 2022, compared to a year prior.
The USDA’s Food Price Outlook estimates that prices at the grocery store will increase by 5%-6% in 2022. Overall, food prices were 8.8% higher in March 2022, compared to a year prior.