US corporate bankruptcy filings surge – here are the business types that led
The number of U.S. corporate bankruptcy filings so far in 2024 is “higher than any comparable figure in the prior 13 years," according to data from S&P Global Market Intelligence.
Inflation unexpectedly fell to 3% in June
The consumer price index (CPI), a broad measure of how much everyday goods like gasoline, groceries and rent cost, dropped 0.1% in June from the previous month. It marked the first monthly decline since May 2020.
US home prices hit another all-time high
The median U.S. home sale price soared to $397,954 in June, which was a nearly 5% increase from the year prior, Redfin data shows.
Arizona Iced Tea co-founder vows to 'fight hard' to keep price under $1
"We’re successful. We’re debt-free. We own everything," he said. "Why have people who are having a hard time paying their rent … pay more for our drink?"
California family's $444 receipt from Trader Joe's goes viral on social media: 'Insane'
The $444 grocery haul feeds a family of 8 for around 10 days, the video claims.
U.S. unemployment rate rises to 4.1% with 206,000 jobs added in June
U.S. employers added 206,000 jobs in June, exceeding expectations, with the unemployment rate rising to 4.1%, while April and May job data was revised down, average hourly earnings increased by 3.9%, and hiring was strong in government, social assistance, and health care, influencing potential Federal Reserve rate cuts.
John Deere announces mass layoffs in Midwest amid production shift to Mexico
John Deere is reportedly slashing positions for hundreds of employees in the Midwest by the end of summer.
Major retailers closing doors amid inflation, lower consumer demand
Major retail chains are being forced to close thousands of brick-and-mortar stores across the U.S., with a number of reasons cited for the shutdowns.
Border security, inflation big issues for Texans: Sen. John Cornyn
Border security and inflation are two of the biggest issues impacting Texans right now, according to U.S. Senator John Cornyn.
Fed holds interest rates steady, projects just one cut this year
The Federal Reserve on Wednesday held interest rates steady for the seventh straight time and scaled back the outlook for rate reductions later this year as high inflation lingers.
Here's who's hiring teens this summer – and which jobs pay the most
Young workers account for about a third of all new hires each June. Here's which jobs hire the most teens – and which ones pay the most.
Mortgage rates fall but only slightly as home prices continue rising
Home prices may still be up, but mortgage rates dipped down to just below 7% this week.
Here’s what to know about the new Texas Stock Exchange
The Texas Stock Exchange has raised millions of dollars and plans to launch in 2026.
U.S. economy adds 272,000 jobs in May, but unemployment rate rises to 4%
The latest reports show companies hiring more people in May than anticipated, despite continuing inflation and high interest rates. While the economy is still growing, there are ongoing concerns.
22% of retirement-age Americans are still working; these states have the most
Despite the number of Americans who are 65 and older decreasing from 2022 to 2024, it’s still double what it used to be almost 40 years ago.
Unemployment increased just slightly despite the US adding 272,000 jobs
Over 270,000 jobs were added in May, yet the unemployment rate still rose, fueling economic concerns.
Austin salsa company expands business, gives advice to others
Small business owners are growing more optimistic and looking to grow their businesses next year, according to a recent survey. The owner of a salsa company is cooking up big plans for 2025.
States with the best and worst economies in 2024
Where did your state rank in WalletHub’s list of the best and worst economies?
Orange juice makers consider using alternative fruit as prices skyrocket
Orange juice makers are getting squeezed by high prices
Bass Pro Shops' CEO says brand will focus on affordability amid Inflation
Johnny Morris, CEO and founder of Bass Pro Shops, says inflation is 'very real,' and brand will focus on affordability.