Consumer prices climbed 5% in March, the Bureau of Labor Statistics reported Wednesday, down from 6% in February. The latest inflation reading represents the ninth-straight month of easing price growth…
Editor’s Pick
Walmart abruptly closing four underperforming Chicago stores, citing millions in annual losses
Walmart announced Tuesday it will abruptly close four underperforming Chicago stores, citing millions in annual losses. The company said its eight Chicago stores collectively have not been profitable since the first…
Legendary food storage brand Tupperware has hired advisers to help turn around the company after notifying securities regulators it may have to close up shop. In a release dated April…
The FBI recently warned consumers against using free public charging stations, saying crooks have managed to hijack public chargers that can infect devices with malware, or software that can give…
Job growth totals 236,000 in March, near expectations as hiring pace slows
Nonfarm payrolls rose about in line with expectations in March as the labor market showed increased signs of slowing. The Labor Department reported Friday that payrolls grew by 236,000 for…
More than 200 drugmakers led by Pfizer blast Texas judge’s abortion pill decision
More than 200 biopharma groups, which include a number of drugmakers led by Pfizer, have signed an open letter blasting the decision by Texas federal Judge Matthew Kacsmaryk to issue…
The economy is holding up despite signs of slowdown as some wait for the other shoe to drop
Talk of the U.S. entering a recession has been swirling for at least a year now, as the Federal Reserve’s campaign to raise interest rates to combat persisting inflation bites…
American Airlines scraps traditional frequent flyer award chart in dynamic pricing shift
American Airlines is getting rid of its traditional frequent flyer award chart as the carrier moves toward dynamic pricing for mileage redemptions, the latest shift in its lucrative AAdvantage loyalty program. Starting late Wednesday, the…
Tesla assures its millions of electric car owners that their privacy “is and will always be enormously important to us.” The cameras it builds into vehicles to assist driving, it…
Honda recalls nearly 564,000 CR-Vs sold in 22 cold-weather states and D.C. over potential rust issue
Honda is recalling 563,711 older-model CR-Vs in 22 cold-weather states and Washington, D.C., because an accumulation of road salt can cause the vehicle’s rear trailing arm to corrode and detach,…