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Economy
March 2026 CPI: Inflation surged as Iran war took a toll on consumer prices
This story on the March 2026 CPI inflation report is developing and will be updated…
Jamie Dimon says US defense procurement has become too much like Europe
JPMorgan Chase CEOÂ Jamie Dimon said on Tuesday that the U.S. is becoming more like Europe…
California grocery prices could rise as plastic packaging fees take effect
California consumers could soon see higher grocery bills as the state begins implementing a sweeping…
Social Security 2027 COLA projected at 3.8% amid rising inflation
Social Security beneficiaries are expected to see a larger cost-of-living adjustment (COLA) in 2027 amid…
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…
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