U.S. Consumer Confidence Falls For 3rd Time In 4 Months

Americans pulled back plans to buy homes, autos, appliances and other big-ticket items, a signal consumers are economizing.

'Park Outside': GM Recalls 40,000 Pickups To Fix Fire Risk

General Motors is recalling one of its most popular trucks due to a potential leak in brake fluid that could cause a fire.

Thefts Prompt 17 States To Urge Kia, Hyundai Recalls

Videos circulating on TikTok have shown how people can start Kia and Hyundai models by using only a screwdriver and USB cable.

States And Companies Compete For $8 Billion To Make Hydrogen

States and businesses make final pitches Friday as they compete for a new program that will create regional networks, or "hydrogen hubs."

Record Store Day: Spin Your Attention To Indie Stores, Artists, Labels

Record Store Day celebrations include performances, meet-and-greets with artists and record releases on independent labels.

David’s Bridal Bankruptcy: Will Brides Get Wedding Dresses On Order?

The bankruptcy petition by David’s Bridal comes days after the wedding dress retailer announced it was laying off about 9,000 workers.

NPR Quits Elon Musk's Twitter Over 'Government-Funded' Label

Growing friction between news organizations and Twitter since Musk bought it is bad for Twitter, and bad for the public, media analysts say.

​Bank Turmoil Led Fed Officials To Forecast Fewer Rate Hikes

In a shift, the Fed said its staff economists have forecast that a pullback in bank lending will cause a "mild recession" later this year.

Cheaper Gas And Food Provide Some Relief From U.S. Inflation

So-called "headline inflation" is coming down, providing some relief for consumers, but not be enough to avert another Fed rate hike.

EPA Proposal For Strictest Emissions Limits Yet Aims To Spur EV Sales

The proposal doesn’t require a specific number of electric vehicles be sold every year, instead mandating limits on greenhouse gasses.

Small Business Owners Feel The Credit Crunch

​Borrowing for small businesses was already constrained by rising interest rates when lenders further tightened credit after bank failures.

4 In 10 Say Next Vehicle Will Be Electric: AP-NORC/EPIC Poll

Automakers are investing billions in factories and battery technology to speed the switch to EVs to cut pollution and fight climate change.

When Is The Last Day To File 2022 Federal Income Tax Returns?

Some — but not all — taxpayers in California, Georgia and Alabama have until Oct. 16 to file their 2022 federal income tax returns.

U.S. Employers Lay Off 90K In March, Led By Tech And Finance Companies

In the tech sector, which hired aggressively during the pandemic, Q1 job cuts were a staggering 38,487​ percent higher than in Q1 2022.

World's Billionaires Lost Wealth In 2022; Musk Loses Top Spot: Forbes

In the United States, 735 people made Forbes’ list of the world’s billionaires. Collectively, they are worth $4.5 trillion.

Fed's Unwanted Ally In Bid To Tame Inflation: Credit Crunch

The sudden U.S. banking crisis is sure to cause some tightening of lending and credit and a slowdown in the pace of borrowing and spending.

Gerber Infant Formula Recalled Amid Concerns Of Deadly Cronobacter

Cronobacter is a rare and sometimes deadly germ for infants under a year. If you have recalled lots of Gerber formulas, get rid of them now.

Midsize Banks Want FDIC To Insure All Deposits For 2 Years

Mid-Size Bank Coalition of America asks regulators to extend insurance to restore confidence in the banking system, avoid further bank runs.

Hepatitis A Risk Prompts Fruit Recall At Trader Joe's, Other Stores

A frozen tropical fruit blend sold at Trader Joe’s and frozen strawberries sold at other U.S. grocery stores are included in the recall.

Bank Runs Used To Be Slow. The Digital Era Sped Them Up.

Regulators, policymakers and bankers are looking at the role that digital messaging and social media may have played in the collapse.

Government Races To Reassure U.S. That Banking System Is Safe

Despite a reassuring message from the White House, investors broadly dumped shares in bank stocks and bank customers withdrew savings.

Biden Tells U.S. To Have Confidence In Banks After 2 Collapse

Biden seeks to hold those responsible accountable, presses for better oversight and regulation of big banks, promises no tax-funded bailout.

​ As Bourbon Booms, Thirst For Rare Brands Breeds Skullduggery

A growing cult of aficionados is willing to pay an astonishing amount of money for these scarce premium spirits — and even break the law.

The Implications Of Walgreens' Decision On Abortion Pills

Access to the drug may not expand as broadly as federal regulators expected after 20 states warned of legal consequences.

TikTok Sets New Default Time Limits For Minors

In the U.S., families have struggled with limiting the amount of time their children spend on the Chinese-owned video-sharing app.

Key U.S. Inflation Measure Surges At Fastest Rate Since June

Consumer prices rose 0.6% from December to January, up sharply from a 0.2% increase from November to December, the Commerce Department said.

Hotels Rebound From Pandemic But Can't Find Enough Staff: Report

Hotel tax payments to state and local governments is projected to exceed pre-pandemic levels as occupancy approaches 2019 highs in 2023.

Tuesday Morning Discount Home Goods Retailer To Close 263 Stores

In its bankruptcy filing, Tuesday Morning said it is closing more than half of its 487 stores, located in “lo w-traffic regions.”

Wholesale Price Pressures Emerge Despite Long-Term Slowdown

From December to January, the government's producer price index jumped 0.7%, driven up in part by a 5% surge in energy prices.

U.S. Inflation Slows To 6.4%, But Price Pressures Re-Emerge

Driven by more expensive gas, food and clothing, consumer prices increased 0.5% from December to January.

Liquor Before Beer: Spirits Beat Brews In New Market Data

The rise to the top for spirit-makers was fueled in part by the resurgent cocktail culture, including popular ready-to-drink concoctions.

Primary Care A Hot Target; CVS Spends $10.6B On Oak Street

Oak Street runs 169 care centers in 21 states for mostly for lower-to-middle income people with Medicare Advantage plans.

Fabuloso, Cleanser To Eliminate Bacteria, May Contain Germs: Recall

Colgate-Palmolive Co. recalls 4.9 million bottles of Fabuloso Multi-purpose Cleaners due to possible Pseudomonas bacteria contamination.

IRS: Special Refund Recipients In 19 States Should Delay Filing Taxes

The Internal Revenue Service is sorting out if special inflation tax relief refunds and payments are taxable at the federal level.

​Just 2 In 10 U.S. Employees Have Work 'Best Friend': Gallup

Having a best friend at work has become even more important since the dramatic rise in remote and hybrid employment during the pandemic.

​ Fed Lifts Rate By Quarter-Point And Signals More Hikes Ahead

Even as inflation eases, the Fed raises its key interest rate for the eighth time since March, making borrowing more expensive.

Anti-Asian Hate 'Runs The Gamut,' Racist Yelp Reviews Show

Last year, Yelpremoved more than 2,000 racist business reviews before they went online — a nearly tenfold jump over the year before.

U.S. Wage Growth Slowed In The Final Quarter Of 2022

Robust pay growth of the past year appears to be slowing. Though beneficial for workers, gay gains tend to fuel inflation.

Treasury To Increase Borrowing Amid Debt Ceiling Standoff

Treasury officials say the debate over the debt ceiling poses a risk to the U.S. financial position.

U.S. Inflation And Consumer Spending Cooled In December

The pullback in consumer spending will likely be welcomed by the Fed as it works to cool the economy by making lending more expensive.