Gas prices hit $5 nationwide for the first time ever

The national average price has jumped 19 cents in just the past week, and it is up $1.93 from this time last year.

Biden blames pandemic, Putin as high US inflation persists

In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration.

Out-of-gas calls on the rise, AAA says

In April alone, AAA received 50,787 calls from stranded drivers.

US inflation hit 8.6% in May, a new 40-year high

Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.

No, you're not imagining it — package sizes are shrinking, here's why

Shrinkflation isn’t new, experts say. But it increases during times of high inflation as companies grapple with high costs for ingredients, packaging, labor, and transportation.

Go-broke dates pushed back for Social Security, Medicare

Social Security retirees got a 5.9% boost in benefits this year, the biggest cost-of-living adjustment in 39 years.

May jobs report: US added 390,000 jobs last month as hiring remained robust

U.S. employers added a healthy 390,000 jobs in May 2022, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and interest rates.

Walmart to create 4,000 jobs with 4 new fulfillment centers

The first of the four new new fulfillment centers will open this summer in Illinois. These centers will provide faster shipping of items to customers.

US gas prices could top $5 a gallon by mid-June, analyst predicts

With gas prices exceeding $4 nationwide, one expert believes there’s a way you can save a few dollars at the pump by changing your driving habits.

Amazon tests package deliveries directly from shopping malls

Amazon’s new service gives customers a convenient option to have merchandise delivered to their homes faster.

More Memorial Day travel expected, despite high gas prices

AAA estimates that millions of people will travel 50 miles or more during the holiday weekend with the majority of them driving their cars.

Bank of America to raise minimum wage to $22 an hour

It’s part of the bank’s phased approach to raising its minimum wage to $25 an hour by 2025.