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.
Soaring gas prices pump the brakes on return-to-work efforts
Google employees, contractors protest return-to-work requirement wiping out paycheck with costly commute.
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.
Inflation zaps US savings rate, a warning sign for some
Consumers haven’t been this worried since the financial crisis of 2008.
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.
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.
Taxpayers can now track refunds for past two years
The IRS recently updated its “Where's My Refund?” online tool to introduce the new feature where taxpayers can select any of the three most recent tax years to check their refund status.
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.
Wells Fargo accused of holding fake job interviews with minority candidates: report
A former Wells Fargo executive says he was fired for flagging the alleged fake job interviews to his superiors
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.