Consumer sentiment plummets as inflation fears surge
The Iran war weighed heavily on the minds of consumers last month when they were asked about their expectations for the economy, a new University of Michigan study found.
The Iran war weighed heavily on the minds of consumers last month when they were asked about their expectations for the economy, a new University of Michigan study found.
Inflation may see its largest increase in years as gas prices surge
The battle against inflation hit a new roadblock as soaring gas prices are affecting consumers wallets, while complicating the Federal Reserve's path toward lowering interest rates.
The battle against inflation hit a new roadblock as soaring gas prices are affecting consumers wallets, while complicating the Federal Reserve's path toward lowering interest rates.
Fed official says interest rate hike possible as gas prices, inflation remain elevated
Fed official Beth Hammack warns interest rates could rise if inflation stays elevated, citing uncertainty over the Iran war's impact on oil and gas prices.
Fed official Beth Hammack warns interest rates could rise if inflation stays elevated, citing uncertainty over the Iran war's impact on oil and gas prices.
USPS temporarily suspends pension contributions amid ‘severe financial crisis’
The U.S. Postal Service said it was temporarily suspending contributions to employee pension plans in an effort to “conserve cash” due to an “ongoing, severe financial crisis.”
The U.S. Postal Service said it was temporarily suspending contributions to employee pension plans in an effort to “conserve cash” due to an “ongoing, severe financial crisis.”
Disney plans to cut 1,000 jobs. What we know
Disney is conducting a new round of job cuts expected to roll out in the coming weeks. While these layoffs will impact several areas of the business, the marketing department is slated to endure most of the downsizing.
Disney is conducting a new round of job cuts expected to roll out in the coming weeks. While these layoffs will impact several areas of the business, the marketing department is slated to endure most of the downsizing.
Indiana to suspend gas tax for one month as prices surge
Indiana is hitting pause on its gas tax as prices surge amid Middle East tensions. Here's what to know.
Indiana is hitting pause on its gas tax as prices surge amid Middle East tensions. Here's what to know.
It now costs more than $300K to raise a child; here’s how much it costs in your state
Raising a child in America just hit a staggering new milestone – costing families more than $300,000, according to new data. Here's where it's most expensive.
Raising a child in America just hit a staggering new milestone – costing families more than $300,000, according to new data. Here's where it's most expensive.
Stocks slip, oil prices nudge back up with Middle East truce in doubt
The ongoing conflict with Iran continues to pressure global markets. Despite the announcement of a ceasefire deal between the U.S. and Iran, stock indices dipped during early trading while crude oil prices began an upward climb.
The ongoing conflict with Iran continues to pressure global markets. Despite the announcement of a ceasefire deal between the U.S. and Iran, stock indices dipped during early trading while crude oil prices began an upward climb.
US workers increasingly trapped in the 'Great Detachment' as hiring slows, report shows
A new report from Gallup finds that U.S. workers are less optimistic about the job climate and their level of engagement with their current jobs has remained relatively flat.
A new report from Gallup finds that U.S. workers are less optimistic about the job climate and their level of engagement with their current jobs has remained relatively flat.
Oil prices plummet under $100 mark after Trump reveals US-Iran ceasefire
News of the temporary ceasefire between the United States and Iran immediately sent oil prices tumbling. Within minutes of President Donald Trump announcing an agreement had been reached, crude oil prices had fallen below the $100 mark.
News of the temporary ceasefire between the United States and Iran immediately sent oil prices tumbling. Within minutes of President Donald Trump announcing an agreement had been reached, crude oil prices had fallen below the $100 mark.
Oracle hires new CFO with $950K salary as thousands face layoffs
Oracle reinstates the CFO role by hiring Hilary Maxson as the company reportedly lays off thousands amid a massive AI buildout.
Oracle reinstates the CFO role by hiring Hilary Maxson as the company reportedly lays off thousands amid a massive AI buildout.
What to know about the Strait of Hormuz—and why it matters
The Strait of Hormuz—a narrow, 21-mile-wide passage connecting the Persian Gulf to global shipping lanes—has emerged as the focal point of a major geopolitical crisis.
The Strait of Hormuz—a narrow, 21-mile-wide passage connecting the Persian Gulf to global shipping lanes—has emerged as the focal point of a major geopolitical crisis.
Trump administration proposes cutting 9,400 TSA workers, $1.5 billion from budget
The White House proposal to slash jobs and funding at the Transportation Security Administration comes as the agency grapples with understaffing and long lines at several airports nationwide.
The White House proposal to slash jobs and funding at the Transportation Security Administration comes as the agency grapples with understaffing and long lines at several airports nationwide.
Inflation fears could push Fed to raise interest rates, key official says
Amid fears that prices are starting to rise too quickly again, the Federal Reserve may opt to tap the brakes on inflation with a potential rate hike later this week, a top official warned.
Amid fears that prices are starting to rise too quickly again, the Federal Reserve may opt to tap the brakes on inflation with a potential rate hike later this week, a top official warned.
Where gas prices are the highest: A state-by-state breakdown of the average price of gas
The ongoing conflict with Iran continues to drive up the fuel prices around the world. Here in the U.S., prices are well above average in many states across the country, with some regions seeing record highs.
The ongoing conflict with Iran continues to drive up the fuel prices around the world. Here in the U.S., prices are well above average in many states across the country, with some regions seeing record highs.
US labor market rebounding as 178,000 jobs added in March, well above expectations
The U.S. labor market rebounded in March with employers adding 178,000 jobs, well above the 60,000 predicted by economists. The unemployment rate declined slightly to 4.3%.
The U.S. labor market rebounded in March with employers adding 178,000 jobs, well above the 60,000 predicted by economists. The unemployment rate declined slightly to 4.3%.
Nearly 40% of Americans have less than $500 in cash savings, survey shows
Nearly 40% of Americans said that they have less than $500 in cash savings, according to a recent survey.
Nearly 40% of Americans said that they have less than $500 in cash savings, according to a recent survey.
Gallup poll: Healthcare tops US concerns as partisan divides persist
Americans’ top domestic concerns have shifted, with one issue now clearly leading.
Americans’ top domestic concerns have shifted, with one issue now clearly leading.
JetBlue hikes baggage fees as Iran conflict drives up jet fuel costs
JetBlue has announced an increase in baggage fees, citing rising operating costs linked to higher fuel prices.
JetBlue has announced an increase in baggage fees, citing rising operating costs linked to higher fuel prices.
Atlanta community supports TSA agents working 40 days without pay
TSA agents at Hartsfield-Jackson International Airport have worked more than 40 days without pay during the ongoing government shutdown.
TSA agents at Hartsfield-Jackson International Airport have worked more than 40 days without pay during the ongoing government shutdown.