A fan-favorite Costco baking staple is returning to warehouse shelves after a two-year hiatus, drawing celebrations from shoppers who had been waiting for its comeback. Costco has brought back its Kirkland Signature Semi-Sweet Chocolate Chips after removing the item in July 2024, when rising cocoa costs made it difficult for…
Social Security beneficiaries are still expected to see a larger cost-of-living adjustment (COLA) in 2027 than they did this year, though it has decreased as inflation eased in July. By law, the annual Social Security COLA is calculated using the Bureau of Labor Statistics’ consumer price index (CPI) inflation data…
The slowing U.S. labor market is presenting more challenges for a housing sector facing affordability challenges, with would-be homebuyers struggling to save amid persistent inflation and a less dynamic employment outlook. The Bureau of Labor Statistics on Friday released the jobs report for July, which showed the U.S. economy unexpectedly…
This story about the July 2026 CPI inflation report will be updated with further details. Inflation cooled slightly in July even as the pace of consumer price growth from a year ago remains elevated, as the Federal Reserve considers a potential interest rate hike next month.The Bureau of Labor Statistics…
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McDonald’s sales growth came in slower than expected when the company released its second quarter earnings on Tuesday, with leaders…
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CUPERTINO, Calif. – Apple delivered its strongest June quarter on record, reporting $109.4 billion in revenue and beating analysts’ estimates…
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America’s hottest housing markets are all located in the Northeast and Midwest, according to a new ZIP code-level analysis of the most in-demand housing markets. Realtor.com released its hottest ZIP codes report for 2026, which found that those two regions swept the top 10 rankings…
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Job cuts slowed in July as companies stepped up their hiring plans, while artificial intelligence (AI) continues to be cited as a leading reason for workforce reductions, new data shows. Companies announced 33,429 job cuts in July – a decrease of 27% from the 45,849 announced in June, and a…
Housing affordability remains a concern for would-be homebuyers as the income needed to afford a typical U.S. home remains near historic highs and well above what most American households earn, though there are signs of improvement from a year ago. Home prices surged in 2022 and 2023 amid strong demand…
close video Mortgage rates rose this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage climbed to 6.69% from last week’s reading of 6.66%. The average rate on a 30-year loan was 6.63% a…
Investors are turning to artificial intelligence (AI) tools for guidance on their finances and investments, though they remain skeptical of its output and continue to lean on human advice ahead of key decisions, new data shows. A new study by Gallup conducted in partnership with Edward Jones found that about…
A nationwide recall has been issued for dog and horse medication after fiberglass was found floating in injection vials. American Regent, Inc. announced that select lots of Adequan Canine Injection and Adequan i.m. Injection joint medication are affected by the recall.The recall includes two lots of Adequan Canine Injection, which…
The development of a skyscraper in New York City that will house Ken Griffin’s Citadel is moving forward despite his feud with New York City Mayor Zohran Mamdani. The skyscraper project at 350 Park Avenue is being developed by Griffin’s Citadel in partnership with Vornado Realty Trust and Rudin, and…
Minneapolis Federal Reserve President Neel Kashkari on Wednesday outlined why he thinks the central bank should raise interest rates to curb persistent inflation and head off the need for more substantial monetary policy action at a later date. Kashkari was one of the three Fed policymakers who dissented from the…
Companies in the private sector added 44,000 jobs in July, payroll processing firm ADP said in its latest report on Wednesday. The figure is below economists’ estimates of a gain of 70,000 jobs and down from the prior month’s revised 95,000 payrolls figure.”Job-changers are highly sensitive to real-time economic conditions,…
Buc-ee’s has sued a small mini-mart in Ohio, alleging its cartoon beaver logo is too similar to the popular Texas-based chain’s iconic logo, adding to the various lawsuits the company has filed against small stores with cartoon animal branding despite an HBO show daring it to challenge someone its own…
American consumers are continuing to face elevated beef prices amid an ongoing cattle shortage, which is also hitting the bottom line of major meatpacking companies. The U.S. cattle herd is at its lowest level in over 70 years due to drought reducing forage areas in key ranching regions, which forced…
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