Oil prices fall to lowest level since March after US-Iran deal signed

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…

Midwest and South states dominate 2026 housing affordability rankings

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…

Fox Corporation to acquire Roku for  billion in cash and stock deal

In a move to capture the dual market forces of live broadcast television and digital streaming, Fox Corporation on Monday announced it is acquiring Roku, Inc. for $160.00 per share in a deal valued at an enterprise value of $22 billion.  The combination pairs FOX’s live entertainment, news and sports…

The 14% burger tax: How BBQ inflation hits your wallet this summer

Hard-working Americans looking to fire up the grill this weekend are facing major sticker shock before they even light the charcoal. As inflation continues to squeeze household budgets, the newly released Wells Fargo summer BBQ food report reveals that hosting a standard summer barbecue for 10 people has climbed to…

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FTX founder Sam Bankman-Fried insists he is innocent, wants Trump pardon

Sam Bankman-Fried, the former cryptocurrency billionaire serving a 25-year sentence for fraud tied to the 2022 collapse of his FTX exchange, says he would welcome a pardon from President Donald Trump — but insists he has not lobbied the White House for one. “It would be obviously, you know, ultimately…

Gas-X recall issued after machine coolant leaks into capsules, FDA says

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 suspends 6 routes amid Iran conflict fuel costs

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…

May 2026 jobs report: US employers add 172,000 jobs, beating expectations

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.…

Texas dethrones California as top state for Fortune 500 headquarters

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…

Fed Beige Book finds inflation surging across most districts on energy

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…

Why humanoid robots and physical AI could be tech’s next big thing

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 to hire nearly 4,000 interns and recruits this summer

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…

ADP National Employment report May 2026: Private sector adds 122,000 jobs

Companies in the private sector added 122,000 jobs in May, payroll processing firm ADP said in its latest report on Wednesday. The figure is above economists’ estimates of a gain of 117,000 jobs. The prior month’s payrolls number was revised lower to a gain of 105,000 from an initially reported…

Nissan recalls over 51,000 Kicks SUVs for dashboard display defect

Nissan is recalling more than 51,000 Kicks SUVs because a software defect can cause the dashboard display to go partially or completely blank, potentially preventing drivers from seeing critical vehicle information. The recall affects 51,598 model year 2025-2026 Nissan Kicks vehicles manufactured between June 24, 2024, and Jan. 9, 2026,…