Key inflation measure slowed in April for the first time since 2020
High inflation is still causing hardships, but any slowing of price increases, if it can be sustained, will provide some modest relief.
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.
Coca-Cola to phase out Honest tea products amid supply chain backlogs, dwindling sales
The global drink company will, however, continue to produce its Honest Kids line of organic juice drinks.
Baby formula shortage: 78,000 pounds of formula arrives in US
The flight was the first of several to provide “some incremental relief in the coming days” as the government tries to address a critical baby formula shortage.
As inflation soars, one-third of Americans are experiencing financial stress: Survey
More than one-third of households reported difficulties in paying bills recently.
Nestle flies baby formula to US from Europe to ease shortage
Nestle is shipping Gerber baby formula from the Netherlands and Alfamino formula from Switzerland to the United States to help with a formula shortage crisis that has left parents struggling to find supplies in stores.
Wendy's, McDonald's lawsuit claims burger ads mislead consumers on patty sizes
Attorney James C. Kelly told FOX Business, 'There is no good reason why Wendy’s and McDonald’s should be allowed to use trickery in their advertising.'
Travel expert warns pilot shortage crisis will get 'bigger and bigger'
The Points Guy founder and CEO Brian Kelly said "When they (airlines) don't have enough pilots, there's less flights, and less flights means more expensive flights."
6 months in, Biden's infrastructure plan has 4,300 projects
The Biden administration announced $110 billion for the projects will be used for federal highways, public transit, bridges, safety, and airports. This news comes months after President Joe Biden signed the $1 trillion infrastructure bill into law.
Inflation gave most Americans a 2.6% wage cut in April
The typical US worker is worse off today than they were a year ago due to inflation.
Alaska mom says baby formula shortage 'creating extra panic' as she launches group for struggling parents
Allie Seckel of Kodiak, Alaska, also revealed how parents can avoid online scams.
Abbott says it will be at least two months before baby formula from shuttered plant hits shelves
The baby formula shortage continues to get worse.
Baby formula shortage: Which foods and techniques boost breast milk production?
Baby formula is the latest staple to be hit by supply chain shortages in the U.S.
Biden sees a bigger role for US farms due to Ukraine war
President Biden vowed to help farmers try to ease a global spike in food prices as he visited a family farm and unrolled policies meant to increase harvests in ways that the administration believes could also help to reduce grocery bills at home.
US inflation hit 8.3% in April but slows from 40-year high
Consumer prices jumped 8.3% last month from 12 months earlier, the Labor Department said Wednesday.
Here's how much more you'll be paying for food in 2022, according to USDA estimates
The USDA’s Food Price Outlook estimates that prices at the grocery store will increase by 5%-6% in 2022. Overall, food prices were 8.8% higher in March 2022, compared to a year prior.
How credit card swipe fees are hitting consumers
The average family already spends an additional $900 from added swipe fees.
Pediatrician's plea to parents: Do NOT make your own baby formula
Amid today's baby formula shortage, Dr. Sarah Adams of Akron Children's Hospital in Ohio warned parents away from homemade options.
Robocalls have increased by millions in recent months
Robocalls jumped by over 600 million from February to March, YouMail tracker found