Baby formula shortage: Out-of-stock rate continues to worsen, jumping to 73.5%

Abbott Nutrition's Sturgis, Michigan, facility is expected to restart production this week, but that still means products from the plant won't likely return to store shelves until at least mid-July.

'It's been really scary:' Mom worries about feeding baby as formula shortage continues

One new mother told Congressman Ro Khanna (D-San Jose) that she has driven all over the South Bay to find formula for her 2-month-old son. "It's been really scary," said Claire Lesikar.

Economist projects interest rates to surpass 2007 levels as inflation slows

Economists from Credit Union National Association (CUNA) predict that the Federal Reserve's fight against inflation could send interest rates soaring and also spur a recession as soon as next year.

Biden cites strain on families from infant formula shortage

To ease the baby formula shortage, the Biden administration's strategy calls for importing foreign supplies and using the Defense Production Act to speed domestic production.

Mortgage rates drop for second consecutive week

Mortgage interest rates decreased last week for the second consecutive week, according to Freddie Mac. However, this decrease may only be temporary.

Spirit should reject Frontier bid, advisers say

Score one for JetBlue in the dogfight over who gets to buy Spirit Airlines. A firm that advises investors on proxy voting said Tuesday that Spirit shareholders should oppose Frontier Airlines' bid to buy Spirit, saying that JetBlue has made a better offer.

How to get a student loan

Learn how to get a student loan, from the steps to filling out the FAFSA to comparing federal versus private loans.

5 money-saving moves to make this Memorial Day

If you are looking for new ways to save this Memorial Day, here are a few places to start.