Delta Air Lines says higher fares will hold even if fuel costs drop

Delta Air Lines sees higher fares staying in place for consumers amid higher costs for fuel and other expenses, even if oil prices return to more moderate levels and allow jet fuel costs to decline in turn. Delta CEO Ed Bastian said on the company’s quarterly earnings call that the…

Economist says inflation won’t hit 2% Federal Reserve target until 2028

American consumers hoping for a swift end to years of inflationary pressures are facing a harsh reality check. While recent relief at the gas pump offered a temporary reprieve, corporate supply chain strains and the lingering effects of global trade and geopolitical shocks are expected to keep prices elevated for…

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Honda recalls over 325,000 Odyssey vehicles over rearview camera defect

Honda is recalling more than 325,000 vehicles over faulty rearview image displays, which could increase the risk of a crash, according to federal regulators. The recall affects 2018-2020 Odyssey vehicles, the National Highway Traffic Safety Administration (NHTSA) announced on Wednesday.A total of 325,588 vehicles are…

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Midwesterners retire to Florida Gulf Coast, fueling Sarasota boom

A community on Florida’s Gulf Coast has seen a large influx of new residents from the Midwest who are driving the area’s rapid growth. The population of Sarasota County, Florida, has grown 12.4% over the five years leading up to April 2025, according to Florida’s Bureau of Economic and Business…

New car payments reach all-time high of 0 in first quarter 2026

The average new car payment rose to an all-time high in the first quarter as American households continued to face affordability challenges in the economy. A new report by LendingTree citing data from Experian for the first quarter of 2026 found that the average monthly payment for a new vehicle…

Trump administration targets 702 rules in .5T deregulatory plan

The Trump administration on Friday laid out a sweeping deregulatory plan to eliminate over 700 rules across federal agencies. The Office of Information and Regulatory Affairs (OIRA) released its 2026 regulatory plan which covered 702 deregulatory actions, an increase from 482 in the 2025 regulatory plan released by the Trump…

Chick-fil-A hack lets a family of five eat for under , father says

A father says his family of five is able to eat at Chick-fil-A for under $45 using a DIY sandwich “hack,” though menu prices vary by location amid concerns across the country about affordability due to rising costs. Jeff Johnson, a worship pastor at an Atlanta church and a podcast…

BMW CEO touts US manufacturing push with .7B South Carolina EV expansion

BMW is “here for the long game” in the U.S. as it completes a $1.7 billion South Carolina investment and prepares to build fully electric vehicles at its largest plant, its North America CEO told FOX Business. Sebastian Mackensen, president and CEO of BMW of North America, said the investment…

Dell announces 0 investment for millions of children through Trump Accounts

In an Independence Day announcement, tech billionaire Michael Dell and his wife Susan unveiled a “public-private partnership” aimed at giving millions of young Americans a direct financial stake in the nation’s economy. The Dell Technologies CEO took to X on Saturday to announce they are giving $250 each to the…

Microsoft layoffs could affect 4% of its workforce next week

Microsoft is expected to lay off up to 2.5% of its workforce as early as next week.  The cuts, which could affect 5,000 employees, may impact sales, consulting and the Xbox gaming unit, according to a report from Business Insider Tuesday. The layoffs would mark the latest round of restructuring in…

Trump Accounts to offer Vanguard, iShares and State Street index ETFs

The Treasury Department on Wednesday announced the lineup of investment funds that will be available in Trump Accounts for families to choose from in the months ahead as they use the accounts to invest in their children’s futures. When the program officially launches on July 4, all contributions to Trump…

Goldman Sachs will give ,000 to Trump Accounts belonging to employees’ kids

Goldman Sachs on Thursday announced that it will make a matching contribution to Trump Accounts for eligible children of the firm’s employees. The company will make a one-time matching contribution of $1,000 to employees with children born between 2025 and 2028 upon the time of enrollment in Trump Accounts, matching the…