The Federal Reserve is expected to hold rates steady following its monetary policy meeting this week amid the rise in inflation, while newly minted Chairman Kevin Warsh is set to hold his first post-meeting press conference. Inflation was already elevated before the Iran war jolted energy prices higher, which has…
More than 500,000 packages of macaroni and cheese sold at Aldi stores nationwide have been recalled because they may contain undeclared soy lecithin, a soy-derived ingredient that can pose a risk to people with soy allergies or sensitivities. According to the Food and Drug Administration, 58,405 cases of Park St.…
Oil prices fell on Monday to the lowest levels since early March following the announcement of a preliminary agreement between the U.S. and Iran to end the war that has strained the energy market. West Texas Intermediate (WTI) crude oil prices were down over 5% during Monday’s trading session on…
The states with the best affordability for homebuyers and that are facilitating the most construction of new homes are centered in the Midwest and South, according to a new report. Realtor.com released the 2026 edition of its housing report cards for all 50 states plus the District of Columbia, which…
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When most people think of major stock market indexes, their minds go to the S&P 500, Nasdaq Composite, or Dow…
General Motors on Tuesday announced it’s releasing a software update that allows some electric vehicle (EV) owners to send power…
For working Americans with access to a 401(k), there’s perhaps no easier way to save for retirement. You tell your…
The clock is ticking faster for American workers and seniors. The Social Security Administration’s newly released 2026 Trustees Report confirms…
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Investors have a growing list of exchange-traded funds (ETFs) and mutual funds that they can choose from as they consider ways to structure their investment portfolios, though there are important differences between the two types of funds. ETFs have grown rapidly as an investment category…
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Americans are increasingly reaching a breaking point regarding their household finances. Despite hopes for a soft landing after years of elevated inflation, consumer pessimism has reached some of its worst levels in years, according to the Federal Reserve Bank of New York’s monthly Survey of Consumer Expectations released Monday.The percentage…
Hibbett Sports will close 175 stores around the U.S. over the next three years as its parent company, JD Sports, looks to reorganize its footprint. JD Sports acquired Hibbett in 2024 in a deal valued at around $1.1 billion, with the acquisition viewed as enhancing JD’s presence in the North…
Gas-X capsules sold across the country are being recalled over potential chemical contamination because of a machine leakage during packaging, according to the Food and Drug Administration. Haleon issued a voluntary recall last week after discovering that the medication may have been contaminated with a coolant when a machine leaked…
American Airlines is temporarily suspending six domestic routes this summer as elevated fuel costs linked to the Iran conflict continue to pressure carriers across the airline industry. The major air carrier said the affected routes will be paused only during August and September and emphasized that no routes are being…
The U.S. economy added jobs at a modest pace in May amid uncertainty surrounding the impact of conflict in the Middle East on the labor market. What are the key findings of the May 2026 jobs report?The Bureau of Labor Statistics on Friday reported that employers added 172,000 jobs in May.…
A shifting economic landscape has culminated in Texas, dethroning California as the nation’s premier hub for Fortune 500 companies. Data from the 2026 Fortune 500 list show Texas leading with 57 headquarters, compared with California’s 56, marking a reversal from two years ago, when California held the lead.Additionally, corporations in…
A new report from the Federal Reserve finds that inflation is pushing prices higher at a strong pace in most of its regional districts around the country, driven by the surge in energy prices. The Fed on Wednesday released its latest edition of the Beige Book, which summarizes economic conditions…
Ford recently announced a recall affecting nearly 420,000 Ford Expedition and Lincoln Navigator sport utility vehicles (SUVs) over an issue with seat belts locking and potentially causing injury to occupants during a crash. The auto recall covers 342,283 Ford Expedition vehicles from model years 2018 to 2022, as well as…
Although the artificial intelligence (AI) investment thesis is still young, some investors are already eyeing the next big thing in tech. They don’t have to look far, and the next big thing may actually be two things: humanoid robots and physical AI. Fortunately, these aren’t daunting concepts. As the name…
Bank of America on Wednesday announced that it will be hiring nearly 4,000 summer interns and full-time recruits from campuses this summer as the nation’s second-largest bank looks to bring new talent into its workforce. The firm said in a release that the hiring plans are reflective of Bank of…
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