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Economy
Oil prices could rise $3 per barrel amid Venezuela export loss concerns
Geopolitical uncertainty combined with the loss of Venezuelan exports could push oil and gasoline prices…
SSI beneficiaries receive double payments in October due to calendar quirk
A quirk in the fall calendar means some Social Security recipients will get two benefit payments…
Warsh says Fed policymakers have ‘no tolerance’ for elevated inflation
Federal Reserve Chair Kevin Warsh on Tuesday told House lawmakers that the central bank's policymakers have…
June CPI: Inflation eased following recent surge driven by Iran war
This story about the June 2026 CPI inflation report will be updated with further details.…
Volkswagen CEO warns up to 100,000 jobs may be cut in restructuring
Volkswagen's leadership is warning that the company may need to cut an extra 50,000 jobs…
Grocery prices push 1 in 4 Americans into credit card debt strain, study finds
American families are increasingly being pushed past their financial limits at the grocery checkout counter,…
MagSafe battery chargers recalled over injuries from power banks catching fire
More than 1,000 MagSafe battery chargers have been recalled over burn risks following reports of…
Delta Air Lines says higher fares will hold even if fuel costs drop
Delta Air Lines sees higher fares staying in place for consumers amid higher costs for…
Economist says inflation won’t hit 2% Federal Reserve target until 2028
American consumers hoping for a swift end to years of inflationary pressures are facing a…
California city weighs drive-thru ban after In-N-Out proposal sparks debate
A California city is weighing a ban on drive-throughs after some residents expressed concern that…
Kia recall covers 462K vehicles over seat motor fire risk after earlier fix failed
Kia is issuing a new recall of more than 460,000 vehicles over a fire risk…
Mortgage rates hold steady near 6.49% as housing affordability improves
Mortgage rates moved slightly higher this week but have remained relatively steady in recent weeks,…
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