Janet Yellen responds to Cardi B’s recession prediction: ‘I don’t have that much time for her’
Treasury Secretary Janet Yellen says she feels confident in the strength of the U.S. economy.
Treasury Secretary Janet Yellen says she feels confident in the strength of the U.S. economy.
Biden blames pandemic, Putin as high US inflation persists
In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration.
In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration.
Out-of-gas calls on the rise, AAA says
In April alone, AAA received 50,787 calls from stranded drivers.
In April alone, AAA received 50,787 calls from stranded drivers.
US inflation hit 8.6% in May, a new 40-year high
Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.
Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.
No, you're not imagining it — package sizes are shrinking, here's why
Shrinkflation isn’t new, experts say. But it increases during times of high inflation as companies grapple with high costs for ingredients, packaging, labor, and transportation.
Shrinkflation isn’t new, experts say. But it increases during times of high inflation as companies grapple with high costs for ingredients, packaging, labor, and transportation.
Paid internship program offers young San Franciscans summer opportunity
Young people in San Francisco are keeping busy this summer thanks to a program called Opportunities For All. The program aims to connect teens and young workers with paid internships, and a possible career path.
Young people in San Francisco are keeping busy this summer thanks to a program called Opportunities For All. The program aims to connect teens and young workers with paid internships, and a possible career path.
Fabulous job market, but few takers
The latest national jobs report shows a slowing in hiring across the nation, a slowing that some attribute to inflation. But, there are other strong forces at work.
The latest national jobs report shows a slowing in hiring across the nation, a slowing that some attribute to inflation. But, there are other strong forces at work.
May jobs report: US added 390,000 jobs last month as hiring remained robust
U.S. employers added a healthy 390,000 jobs in May 2022, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and interest rates.
U.S. employers added a healthy 390,000 jobs in May 2022, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and interest rates.
Walmart to create 4,000 jobs with 4 new fulfillment centers
The first of the four new new fulfillment centers will open this summer in Illinois. These centers will provide faster shipping of items to customers.
The first of the four new new fulfillment centers will open this summer in Illinois. These centers will provide faster shipping of items to customers.
Inflation zaps US savings rate, a warning sign for some
Consumers haven’t been this worried since the financial crisis of 2008.
Consumers haven’t been this worried since the financial crisis of 2008.
Graduates express optimism about job prospects in uncertain times
For the thousands of new graduates stepping into the labor force, experts say it is prime time to find a new job.
For the thousands of new graduates stepping into the labor force, experts say it is prime time to find a new job.
Elon Musk welcomes an economic recession in US
Elon Musk, the CEO of Tesla and prospective owner of Twitter, said that a recession would be good for the U.S. economy and that bankruptcies need to happen.
Elon Musk, the CEO of Tesla and prospective owner of Twitter, said that a recession would be good for the U.S. economy and that bankruptcies need to happen.
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.
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.
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.
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.'
Electric vehicle new registrations jump 60% in 1st quarter of 2022
Over 135,000 people bought an electric car in the first three months of this year.
Over 135,000 people bought an electric car in the first three months of this 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.