New analysis reveals how pet food, diapers and coffee purchases at Costco can quickly offset the…
Category: Finance
Gas prices fall in January, giving Americans a break at the pump
Gas prices dropped 7.5% over the past year, bringing welcome relief to American consumers as inflation…
Inflation eased slightly in January but remained well above the Fed’s target
The Labor Department on Friday released the January 2026 consumer price index (CPI), which showed that…
Bill Ackman makes $2B gamble on Mark Zuckerberg’s AI pivot with massive Meta stock purchase
Billionaire investor Bill Ackman allegedly commits $2 billion to Meta, representing 10% of Pershing Square's portfolio…
Mortgage rates edge lower, hover near 6%
The average rate on a 30-year fixed mortgage slipped this week to 6.09%, according to the…
Private sector added 22,000 jobs in January, well below expectations, ADP says
The figure reported on Wednesday is below economists’ estimates of an increase of 48,000 jobs and…
Kraft Heinz CEO says company challenges are ‘fixable’ as breakup plans get scrapped for investment strategy
Kraft Heinz CEO Steve Cahillane scraps breakup plans, announcing a $600 million investment push to rebuild…
US economy added 130K jobs in January, delayed report shows
The U.S. economy added jobs at a steady pace to start the year, as the Labor…
Here’s when taxpayers will get their refunds
The IRS typically processes tax refunds within 21 days for e-filed returns, while mailed returns take…
Philadelphia men repeatedly traveled to Minneapolis to carry out $3.5M housing fraud scheme: DOJ
Pennsylvania fraudsters pleaded guilty to stealing about $3.5 million from Minnesota housing program after traveling to…
Wall Street cash fuels Hamptons housing boom to record median price amid tight inventory
Hamptons housing market hits a record $2.34 million median price as luxury sales surge 25%, driven…
Housing market cools as price growth hits slowest pace since Great Recession recovery
The housing market cooled dramatically as home price growth slowed to just 0.9% in December, the…
American Airlines pilots, flight attendants rebuke CEO’s leadership
American Airlines flight attendants union issues historic no confidence vote against CEO Robert Isom, citing operational…
Super Bowl LX players lose thousands to California’s ‘jock tax’ on athlete income
Players competing in Super Bowl LX in Santa Clara will face California's jock tax, which subjects…
Stellantis takes massive $26B hit after moving away from EVs
Stellantis shares plunged after announcing a massive writedown, raising questions about whether EV struggles stem from…
Who is Kevin Warsh, Trump’s pick to succeed Jerome Powell as Fed chair?
President Donald Trump announced on Friday that he is nominating former Federal Reserve Governor Kevin Warsh…
Citi to match federal government’s $1K Trump Account contributions for employees’ children
Citi announced it will match the federal government's $1,000 deposits to Trump Accounts for children born…
Homebuyers gain upper hand in 3 major cities as inventories grow
Housing inventory surges in major American metro areas, and buyers gain more choices. Seattle leads with…
January layoffs rose to the highest level for the month since 2009
Major employers including UPS and Amazon announced significant job cuts in January, with transportation and tech…
Nike’s diversity initiatives under EEOC scrutiny for alleged discrimination against White workers
Federal EEOC launches investigation into Nike over allegations that diversity initiatives discriminated against White employees and…
Chrysler recalls more than 450,000 vehicles over brake light failure
Chrysler recalled more than 450,000 vehicles and more than 2,000 tow-trailer modules due to a brake…
Some Social Security beneficiaries to receive payments early for February and March
The Social Security Administration shifts SSI benefit disbursements when the first of the month falls on…