Canned pet food shortage continues amid supply chain woes
The canned pet food industry continues to feel the burn as supply chain woes and increases in price leave many pet owners improvising their dog or cat’s next meal.
The canned pet food industry continues to feel the burn as supply chain woes and increases in price leave many pet owners improvising their dog or cat’s next meal.
US inflation soared 7.9% in past year, a fresh 40-year high
Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.
Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.
100K student loan borrowers eligible for debt relief under new rules, Dept. of Education says
The U.S. Department of Education says they have identified 100,000 borrowers eligible for student loan debt cancellation under a new change made by the agency to the Public Service Loan Forgiveness (PSLF) program.
The U.S. Department of Education says they have identified 100,000 borrowers eligible for student loan debt cancellation under a new change made by the agency to the Public Service Loan Forgiveness (PSLF) program.
Biden to sign order mandating study of cryptocurrency as its use explodes
The Biden administration views the explosive popularity of cryptocurrency as a call for acting with urgency to look at the risks and benefits of digital assets.
The Biden administration views the explosive popularity of cryptocurrency as a call for acting with urgency to look at the risks and benefits of digital assets.
Gas prices: US national average to soon hit highest ever recorded, experts say
Gas is now a nickel short of the highest-ever recorded average price in the U.S., which was set on July 17, 2008, at $4.10 per gallon.
Gas is now a nickel short of the highest-ever recorded average price in the U.S., which was set on July 17, 2008, at $4.10 per gallon.
Interest rates could increase more than traditional quarter-point, US Fed governor says
Federal Reserve Governor Michelle Bowman says she's open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.
Federal Reserve Governor Michelle Bowman says she's open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.
Rising gas prices: Ways to maximize your fuel economy
As gas prices continue to climb, here are some tips and tricks to help save you money and maximize your fuel economy.
As gas prices continue to climb, here are some tips and tricks to help save you money and maximize your fuel economy.
Warmer weather will send gas prices soaring 'a lot higher,' analyst warns
Patrick de Haan notes 'all the ingredients' are present to spark $4 per gallon prices.
Patrick de Haan notes 'all the ingredients' are present to spark $4 per gallon prices.
US inflation report: Consumer prices jumped 7.5% in past year, a 40-year high
U.S. inflation jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982.
U.S. inflation jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982.
Democrats propose temporary suspension of federal gas tax to offset soaring prices
The Gas Prices Relief Act would eliminate the 18.4 cents per gallon fuel tax for the rest of 2022.
The Gas Prices Relief Act would eliminate the 18.4 cents per gallon fuel tax for the rest of 2022.
US job growth soars past expectations with 467,000 added, shaking off omicron surge
U.S. job growth blew past expectations in January, as the economy brushed off a record-breaking surge in COVID-19 cases nationwide that threatened to sideline millions of workers and kept many consumers at home.
U.S. job growth blew past expectations in January, as the economy brushed off a record-breaking surge in COVID-19 cases nationwide that threatened to sideline millions of workers and kept many consumers at home.
Starbucks to raise menu prices to offset inflation
The Seattle-based coffee franchise had already raised prices — once in October 2021 and December 2021 — but inflation woes and labor issues have forced the company to hike prices once again.
The Seattle-based coffee franchise had already raised prices — once in October 2021 and December 2021 — but inflation woes and labor issues have forced the company to hike prices once again.
Valentine's Day 2022: Spending expected to near $24B
More than half of U.S. consumers are planning to celebrate Valentine's Day despite rising inflation.
More than half of U.S. consumers are planning to celebrate Valentine's Day despite rising inflation.
US economy showed 5.7% growth last year, rebounding from 2020 recession
The American economy bounced back last year with resilience from 2020′s brief but devastating coronavirus recession.
The American economy bounced back last year with resilience from 2020′s brief but devastating coronavirus recession.
Unemployment claims drop for the first time in a month
The Labor Department reported Thursday that jobless claims fell by 30,000 to 260,000 last week, slightly less than the 265,000 analysts were expecting.
The Labor Department reported Thursday that jobless claims fell by 30,000 to 260,000 last week, slightly less than the 265,000 analysts were expecting.
Federal Reserve plans to raise interest rates as soon as March
The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in reversing its pandemic-era low-rate policies that have fueled hiring and growth but also escalated inflation.
The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in reversing its pandemic-era low-rate policies that have fueled hiring and growth but also escalated inflation.
Unemployment claims climb to 286,000, the most since October
Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid-October, the Labor Department reported Thursday.
Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid-October, the Labor Department reported Thursday.
Retail sales drop 1.9% in December following early holiday rush
Americans sharply cut their spending in December after a burst of early spending in the fall that helped bolster the holiday season.
Americans sharply cut their spending in December after a burst of early spending in the fall that helped bolster the holiday season.
Inflation surges in December to highest rate since 1982
Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.
Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.
Arizona CEO's answer to 'Great Resignation' is offering $5K bonuses for new hires to quit
Chris Ronzio, CEO of software company Trainual, is offering a $5,000 bonus for new hires to quit after just two weeks into their new jobs.
Chris Ronzio, CEO of software company Trainual, is offering a $5,000 bonus for new hires to quit after just two weeks into their new jobs.