Recent graduates facing 'deteriorated' labor market as unemployment reaches highest level in years
Federal Reserve data shows labor market decline affecting recent graduates, with unemployment at 5.8% for those aged 22-27 as AI potentially displaces entry-level positions
Costco to open new stand-alone gas station
Mission Viejo, California approves Costco's first-ever standalone gas station with 40 pumps replacing a former a Bed, Bath and Beyond store.
Disney celebrates major milestone while showcasing impact on US economy
Disney parks generate $67 billion annually and support over 400,000 jobs across the U.S., as Disneyland celebrates its 70th anniversary.
Aldi is cutting prices on hundreds of items for the summer
Aldi is slashing prices on over 400 products while Target introduces thousands of low-cost items as retailers try to attract shoppers who are pulling back.
Popular fried chicken chain acquired by private equity firm in $1B deal
Fast-food company Dave's Hot Chicken is set for global growth after Roark Capital's $1 billion acquisition, aiming for 400 locations by the end of the year.
Costco sees record fuel sales after extending gas station hours
Costco's extended gas station hours and new openings have resulted in record-breaking sales. The retailer reports increased member usage and satisfaction.
Trump warns court ruling against tariffs could lead to 'economic ruination' of US
President Donald Trump warns of economic ruination if courts rule against his tariffs after the U.S. Court of International Trade blocks emergency import taxes.
Gas prices hit 4-year low ahead of Memorial Day weekend
Gas prices are falling to a four-year low as Americans prepare for Memorial Day weekend. AAA estimated that there will be 45.1 million travelers, of which 39.4 million will drive.
Buy now, pay later pitfalls: Many consumers aren't paying loans
Klarna's losses double even as buy now, pay later services grow in popularity. Experts have warned that these services can be a ticket to overspending.
Tariffs on the auto industry could take a hit on car insurance rates
Getting behind the wheel is about to get more expensive, with tariffs poised to raise the price of car insurance by nearly 10% later this year.
Anheuser-Busch invests $300M to boost manufacturing careers, veteran employment
Anheuser-Busch announced its latest goal of investing $300 million in its facilities across the U.S. on Monday, a move it said will bolster manufacturing jobs throughout the nation.
$8 gas? New study reveals it may come to a blue state next year, triggering bipartisan concern
A recent study indicates that Californians could be paying as much as $8.43 per gallon of gas next year, as two refineries in the state have plans to shutter.
Toyota sees $1.3B profit hit from Trump tariffs in 2 months
Toyota held an earnings press conference, talking about impacts of tariffs by President Donald Trump. The company's earnings look much different from last year.
Rite Aid files for bankruptcy for second time in less than 2 years
Drug store chain Rite Aid announced on Monday that they are filing for Chapter 11 bankruptcy for the second time in less than two years.
Oil prices are down over last 6 months: what does it mean for gas prices?
Gas prices, though having risen slightly while oil prices continue to fall to prices not seen since 2021, could begin to dip downward despite the summer travel season.
US economy slows sharply, shrinking 0.3% in the first quarter, as tariffs weigh
The U.S. economy contracted at a rate of 0.3% in the first quarter of 2025, according to an estimate released on Wednesday by the Bureau of Economic Analysis.
Pope Francis dead at 88: What is the financial situation of the Vatican?
The Holy See, which governs the Vatican City, generates money in a variety of ways, including through donations from around the world as well as tourism.
Foreign and domestic investments totaling over $5T under Trump, adds 451k jobs for Americans
U.S. investment under President Donald Trump's administration has reached more than $5 trillion, and is expected to generate hundreds-of-thousands of jobs.
China tariffs mean 'Christmas is at risk,' toy industry CEO says
Toy costs are expected to rise by the fall, one expert says, as a result of Chinese tariffs. But last month, some U.S. toy companies said they are benefitting.
How one Trader Joe's bag turned into a 'status symbol'
Trader Joe's launched a limited-time line of mini canvas tote bags and its causing another buying frenzy. Lines have wrapped around stores across the nation.