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Economy
US economy shows signs of strength as wages, retail sales and home sales rise
Recent economic data shows signs of growing strength on Main Street, as Americans' take-home pay ticks…
Salesforce reduces customer support workforce from 9,000 to 5,000 using AI
Salesforce has cut 4,000 customer support jobs and replaced them with artificial intelligence (AI) agents,…
May 2026 CPI inflation: BLS report shows consumer prices rose last month
This story about the May 2026 CPI inflation report is developing and will be updated…
Kia recalls over 6,000 Telluride SUVs over seatbelt malfunction injury risk
Kia is recalling more than 6,000 vehicles because of a seatbelt malfunction that could increase…
AI drives 40% of US job cuts in May as employers slash 97,000 positions
U.S. employers ramped up layoffs in May as the artificial intelligence (AI) rollout was the…
NY Fed survey shows consumer pessimism hits worst level since 2022
Americans are increasingly reaching a breaking point regarding their household finances. Despite hopes for a…
Gas-X recall issued after machine coolant leaks into capsules, FDA says
Gas-X capsules sold across the country are being recalled over potential chemical contamination because of…
American Airlines suspends 6 routes amid Iran conflict fuel costs
American Airlines is temporarily suspending six domestic routes this summer as elevated fuel costs linked…
May 2026 jobs report: US employers add 172,000 jobs, beating expectations
The U.S. economy added jobs at a modest pace in May amid uncertainty surrounding the…
Texas dethrones California as top state for Fortune 500 headquarters
A shifting economic landscape has culminated in Texas, dethroning California as the nation's premier hub…
Fed Beige Book finds inflation surging across most districts on energy
A new report from the Federal Reserve finds that inflation is pushing prices higher at…
ADP National Employment report May 2026: Private sector adds 122,000 jobs
Companies in the private sector added 122,000 jobs in May, payroll processing firm ADP said…
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