Gas prices drop amid recession fears, pre-summer lull: AAA

Gas prices drop amid recession fears, pre-summer lull: AAA

Gas prices decreased last week, but rising interest rates have raised concerns of a recession, according to AAA.

Gas prices decreased last week, but rising interest rates have raised concerns of a recession, according to AAA.

5K boxes of food given to those in need in DeKalb County

5K boxes of food given to those in need in DeKalb County

Members of the faith community in DeKalb County have begun early preparations for Mother's Day celebrations this year by distributing more than 5,000 boxes of food yesterday at multiple churches across the county.

Members of the faith community in DeKalb County have begun early preparations for Mother's Day celebrations this year by distributing more than 5,000 boxes of food yesterday at multiple churches across the county.

Number of new American business applications hits an all-time high

Number of new American business applications hits an all-time high

According to data from the U.S. Census Bureau, 5.4 million new business applications were filed in 2021, the highest of any year on record. 

According to data from the U.S. Census Bureau, 5.4 million new business applications were filed in 2021, the highest of any year on record. 

TurboTax customers to receive checks in $141 million settlement

TurboTax customers to receive checks in $141 million settlement

The company was ordered to pay $141 million to low-income consumers who were tricked into paying TurboTax to file their federal returns — despite being eligible for free tax services.

The company was ordered to pay $141 million to low-income consumers who were tricked into paying TurboTax to file their federal returns — despite being eligible for free tax services.

Volkswagen sees sales decline in China, pledges recovery this year

Volkswagen sees sales decline in China, pledges recovery this year

Volkswagen sold 14.5% fewer vehicles in China, the world’s largest car market. Chinese auto rivals are developing new electric and hybrid vehicles at competitive prices and competing with foreign brands.

Volkswagen sold 14.5% fewer vehicles in China, the world’s largest car market. Chinese auto rivals are developing new electric and hybrid vehicles at competitive prices and competing with foreign brands.

70% of Americans plan to retire, but 42% lack savings: Study

70% of Americans plan to retire, but 42% lack savings: Study

According to the survey, over half of respondents said they do not have a 401K or have or know what an IRA is.

According to the survey, over half of respondents said they do not have a 401K or have or know what an IRA is.

United planning to hire 15K workers ahead of expected summer travel surge

United planning to hire 15K workers ahead of expected summer travel surge

The hiring sign is out at United Airlines. The airline said Wednesday that it plans to add 15,000 workers this year, and hired 7,000 in just the past four months.

The hiring sign is out at United Airlines. The airline said Wednesday that it plans to add 15,000 workers this year, and hired 7,000 in just the past four months.

Feds raise key interest rate to highest level in 16 years

Feds raise key interest rate to highest level in 16 years

The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years.

The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years.

Here’s why consumers' credit scores got a boost in March: Report

Here’s why consumers' credit scores got a boost in March: Report

Consumer credit scores increased from last year to an average of 701, and the percentage of consumers scored in the subprime credit

Consumer credit scores increased from last year to an average of 701, and the percentage of consumers scored in the subprime credit

Inflation drives Manuel's Tavern owner to ‘hit the nuclear button’ on menu

Inflation drives Manuel's Tavern owner to ‘hit the nuclear button’ on menu

“We have been eating those cost for so long, and now it was clear that we couldn’t eat them any longer,” the Manuel's Tavern owner Brian Maloof told FOX 5.

“We have been eating those cost for so long, and now it was clear that we couldn’t eat them any longer,” the Manuel's Tavern owner Brian Maloof told FOX 5.

Bank deposits fell by more than $76 billion

Bank deposits fell by more than $76 billion

Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.

Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.