Inflation rose again in May as elevated energy prices squeeze consumers
Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the Iran war’s impact on the energy market and across...
Author : Robert B. Hambrick
Kia recalls 6K vehicles due to possible seatbelt defect that could raise injury risk
Kia is recalling more than 6,000 vehicles because of a seatbelt malfunction that could increase the risk of injury in the event of a crash....
AI remains top reason for US job cuts for third straight month as employers axed 97,000 workers in May
U.S. employers ramped up layoffs in May as the artificial intelligence (AI) rollout was the leading factor cited by companies cutting their workforces, new data...
Gas-X capsules recalled over potential chemical contamination due to leaky machine: FDA
Gas-X capsules sold across the country are being recalled over potential chemical contamination because of a machine leakage during packaging, according to the Food and...
American Airlines reportedly pauses 6 domestic routes amid fuel price pressure tied to Iran conflict
American Airlines is temporarily suspending six domestic routes this summer as elevated fuel costs linked to the Iran conflict continue to pressure carriers across the...
US economy added 172,000 jobs in May, beating expectations
The U.S. economy added jobs at a modest pace in May amid uncertainty surrounding the impact of conflict in the Middle East on the labor...
California loses Fortune 500 crown to Texas as billionaire tax threat looms
A shifting economic landscape has culminated in Texas, dethroning California as the nation’s premier hub for Fortune 500 companies. Data from the 2026 Fortune 500...
Inflation is squeezing American consumers and the Fed’s latest report shows it’s getting worse
A new report from the Federal Reserve finds that inflation is pushing prices higher at a strong pace in most of its regional districts around...
Private sector adds 122,000 jobs in May, above expectations, ADP says
Companies in the private sector added 122,000 jobs in May, payroll processing firm ADP said in its latest report on Wednesday. The figure is above...
Top CEOs brace for downturn, warn US economy will worsen in next 6 months
Corporate leadership across America has seemingly lost faith in the current trajectory of the U.S. economy, swinging sharply from optimism to pessimism in just three...