Supply chain still plagues Napa cork company and other industries
Napa's Portocork is one of the world's largest suppliers of corks for the North American wine industry; importing many cork filled containers from Portugal to The Port of Oakland. But supply chain issues continue to plague this and all other industries.
Napa's Portocork is one of the world's largest suppliers of corks for the North American wine industry; importing many cork filled containers from Portugal to The Port of Oakland. But supply chain issues continue to plague this and all other industries.
These electric vehicles are cheaper to own than gas ones now
Building electric vehicles is expensive, which is why their prices are high, and it's mostly about the batteries.
Building electric vehicles is expensive, which is why their prices are high, and it's mostly about the batteries.
Bitcoin, other cryptocurrencies collapse, major crypto lender Celsius Network halts operations
Bitcoin and other cryptocurrencies were collapsing in price Monday, after the major crypto lender Celsius halted all withdrawals citing “extreme market conditions."
Bitcoin and other cryptocurrencies were collapsing in price Monday, after the major crypto lender Celsius halted all withdrawals citing “extreme market conditions."
Average gas price in US jumped nearly 40 cents in recent weeks
The average price at the pump is nearly $2 higher than it was one year ago.
The average price at the pump is nearly $2 higher than it was one year ago.
Gas prices hit $5 nationwide for the first time ever
The national average price has jumped 19 cents in just the past week, and it is up $1.93 from this time last year.
The national average price has jumped 19 cents in just the past week, and it is up $1.93 from this time last year.
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.
GEICO ordered to pay $5.2M to woman over claims she caught STD during sex in car
She alleged that because her partner failed to take proper precautions and infected her inside the insured car, her HPV infection should be covered by the policy.
She alleged that because her partner failed to take proper precautions and infected her inside the insured car, her HPV infection should be covered by the policy.
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.
California's biggest Mega Millions winner comes forward; bought $426M winning ticket in Woodland Hills
She bought a $20 lottery ticket back in January and now she's California's biggest Mega Millions winner so far this year!
She bought a $20 lottery ticket back in January and now she's California's biggest Mega Millions winner so far this year!
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.
Surging airfares, gas prices make for expensive Memorial Day weekend
From the roads, to the air, travel this Memorial Day weekend was more expensive than usual. Airlines are blaming the spiking fares on steeper jet fuel prices, coupled with a rapid surge in demand for leisure travel and too few flights.
From the roads, to the air, travel this Memorial Day weekend was more expensive than usual. Airlines are blaming the spiking fares on steeper jet fuel prices, coupled with a rapid surge in demand for leisure travel and too few flights.
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.