Economy

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Gas prices topping $4 a gallon drag down restaurant chain sales across the US

Several U.S. restaurant chains are reporting weaker than expected sales growth in the latest quarter…

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DOJ probes beef market antitrust violations, urges whistleblowers

The Justice Department confirmed its active investigation of potential antitrust violations in U.S. cattle and…

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Taxpayer advocate warns of July 2026 deadline for COVID-era IRS refunds

The IRS' taxpayer advocate issued a notice that tens of millions of American taxpayers may…

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AAA national average regular gas price spikes about 33 cents in a week

The AAA national average price for regular gas soared more than nine cents higher in…

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US national debt surpasses GDP for the first time since World War II era

The U.S. national debt has now surpassed the size of the U.S. economy, a historic…

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US economy grows 2% in Q1, missing economist expectations of 2.3%

U.S. economic growth rebounded in the first quarter of the year from a sluggish fourth…

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March PCE: Inflation remained elevated amid Iran war

This story about the March 2026 PCE inflation is developing and will be updated with…

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FedEx, UPS to return tariff refunds after Supreme Court ruling

FedEx and UPS said they will return tariff refunds to customers after a Supreme Court…

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US shrimpers face ‘double whammy’ from soaring fuel costs, tariff refunds

BAYOU LA BATRE, Alabama — Many American shrimpers are keeping their shrimp boats docked with an…

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Nearly 13,000 children’s tower stools recalled over collapse, tipping risk

Nearly 13,000 toddler towers across three brands were recalled after dozens of incidents and 21…

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