Lower Gas Prices Are Forecast For 2024: Here's Why

While prices may increase some with seasonal demand, $5 and $6 gas and diesel prices are expected to fade away along with 2023.

4.8M Blenders Recalled Because They Can Catch Fire, Blades Can Break

The popular BlendJet portable blenders have resulted in 49 injury reports and about $150,000 in property damage.

Powerball Jackpot Grows To $760M For Saturday Drawing: Odds Of Winning

No one matched the winning numbers in Wednesday’s Powerball drawing: 4, 11, 38, 51 and 68, with a Powerball of 5.

9.9 Million Minimum Wage Workers Will Get A Pay Raise On Jan. 1

Some 17 million workers still earn less than $15 an hour — nearly half in the 20 states that use the federal minimum wage of $7.25 an hour.

Social Media Companies Made $11B In U.S. Ad Revenue From Minors: Study

Because social media companies to make money from children, Harvard researchers say the findings show a need for government regulation.

AI Image-Generators Trained On Explicit Photos Of Children: Study

The images have made it easier for AI systems to produce realistic and explicit imagery of fake kids and transform social media photos.

Late Holiday Shoppers, Good News: ​Retailers Improve Delivery Speeds

Walmart, Target and Amazon are all-in on the shipping wars, a move retail experts say will help them maintain a competitive edge.

Google To Pay $700M In Play Store Settlement: How To Get Your Share

Google will pay $630 million to consumers, allow more competition in its Play app store, according to an antitrust settlement with states.

How Rising Restaurant And Car Repair Costs More Kept Inflation Up

Most economists expect the rate of price increases to keep slowing in the coming months, and that inflation will meet Fed target for 2024.

These Retail Chains Shuttered Stores Or Went Out Of Business In 2023

Pharmacy closures were driven by opioid lawsuit settlement and less demand for COVID services; Target blamed organized retail crime.

McDonald's To Open 900 US Restaurants, Plus 10 New CosMc's Locations

Hundreds more McDonald's restaurants are coming to the United States, along with 10 CosMc's locations, the chain's new spinoff brand.

23andMe Cyberattack Affected Millions, Company Says

A cyberattack against a popular DNA ancestry site affected millions of people — not thousands as the company initially said.

Direct Deposits Delayed At Multiple U.S. Banks Friday: Report

The issue appears to be related to ACH, a network for processing transactions, rather than a bank-specific problem.

Fed Leaves Key Interest Rate Unchanged, But Open To Future Hike

Since launching the most aggressive series of rate hikes in four decades in March 2022 to stem inflation, the Fed has pulled back this year.

'Pharmageddon' Closes CVS, Walgreens, Other Drug Stores: What To Know

Pharmacists aren’t seeking better pay, at the crux of most labor disputes, but an end to conditions that make harmful accidents more likely.

Autoworkers The Latest To Spotlight The Power Of U.S. Labor

Despite historic walkouts and record contract deals seen this year, there's a lot stacked against labor organizers.

​Household Expenses Outpace Earnings, Many Americans Say In New Poll

Household debt has either risen in the last year or has not gone away, increasing Americans' worry about their financial futures.

31 Tech Hubs Outside Of Usual U.S. Technology Corridors Get $500M

The Biden administration announced $500 million in grants to cities outside of where the technology industry is largely concentrated.

National Worker Shortage Is A Crisis, Business Lobbying Group Says

The pandemic spurred a “great reshuffling,” with employers losing 1.9 million workers since 2020, a U.S. Chamber of Commerce report shows.

Rite Aid Underperforming Store Closings; What Happens To Prescriptions

Rite Aid said it has obtained $3.45 billion in fresh financing for a restructuring plan to cope with sagging sales and opioid lawsuits.​

Powerball Jackpot Reaches $1.55 Billion

The jackpot is the fourth-largest U.S. lottery prize of all time and the third-largest in the history of the game.

​U.S. Employers Added A Surprisingly Strong 336,000 Jobs In September

The job market has defied an array of threats — notably high inflation and a rapid series of Fed interest rate hikes meant to conquer it.

The 400 Richest Billionaires In America: The Forbes 400 List

America’s 400 richest people have not proven themselves to be overly generous, with only 11 giving away 20 percent or more of their wealth.

Powerball Jackpot Soars Above $1B For 2nd Time This Year

It has been 32 consecutive weeks since a winning Powerball jackpot ticket was sold, allowing the prize to massive proportions.

Everything You Need To Know About The iPhone 15

The iPhone 15 comes with USB-C charging, a Dynamic Island display, camera improvements and more, but is it worth the heavy price tag?

​ At 7.31%, Average 30-Year Mortgage Reaches Highest Point In 23 Years

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loan, also increased.

‘Question Of When, Not If’: Costco Executive On Membership Increases

“You’ll see it happen at some point,” Costco CFO Richard Galanti told analysts. “We can’t really tell you if it’s in our plans or not.”

Butternut Squash Sold At Costco Stores May Have E. Coli Contamination

The diced organic squash product was sold at stores in Maryland, Pennsylvania, Virginia and Washington, D.C.

Why The Job Market Weathered Interest Rates, High Jobless Predictions

Economists predicted interest hikes would be economically painful. Yet so far, to widespread relief, the reality has been anything but.

What's At Stake As 13,000 Workers Strike Detroit's Big 3 Automakers?

A long strike could cause car prices to rise and other economic pain, particularly in the Midwest where factories are located.

Apple Announces Apple Watch Series 9, Ultra 2 + iPhone 15 Series

In addition to announcing its latest product line on Sept. 12, Apple also announced its new sustainability initiative, Apple 2030.

AI Used To Alter Political Ads Must Be Prominently Disclosed: Google

​Starting in November, Google will require that disclosure of AI to alter images or sound must be clear and conspicuous.

Popular Meat Products Recalled Due To Plastic, Bones: See Details

The recalls affect a Banquet frozen chicken strips meal distributed nationwide and Hillshire sausage product distributed in seven states.

Employers Add 187,000 Jobs In August; Labor Market Remains Resilient

The Federal Reserve wants to see hiring decelerate because strong demand for workers tends to inflate wages and feed inflation.

Rising Employer-Employee Tensions Put Labor Back In Labor Day

An emboldened labor movement has created an environment closer to the era from which Labor Day was born.

Q2 Economic Growth Revised Down To A 2.1% Annual Rate

"Lower growth and weaker increases in prices are good news for the Federal Reserve,'' said Eugenio Aleman, chief economist at Raymond James.

​Climate Change May Drive More Farmers, Ranchers To Costly Irrigation

California, Arizona, Nebraska and other parts of the Central Plains are already struggling with groundwater depletion.

More Safeguards Against AI Risks Needed: White House Science Adviser​

Top concerns are compromised guardrails on the technology of mass destruction and more subtle harms, like the distillation of bias in data.

Several Buy Buy Baby And Harmon Stores Could Reopen Under New Owners

Dream on Me, the new owner of Bed Bath & Beyond sibling Buy Buy Baby, says 11 stores will reopen as soon as this fall and more may follow.

U.S. Employers Add 187,000 Jobs In June; Jobless Rate Dips To 3.5%

Economists are increasingly confident that inflation fighters at the Fed can pull off a rare "soft landing'' without triggering a recession.