More Memorial Day travel expected, despite high gas prices
AAA estimates that millions of people will travel 50 miles or more during the holiday weekend with the majority of them driving their cars.
Bank of America to raise minimum wage to $22 an hour
It’s part of the bank’s phased approach to raising its minimum wage to $25 an hour by 2025.
Baby formula shortage: 78,000 pounds of formula arrives in US
The flight was the first of several to provide “some incremental relief in the coming days” as the government tries to address a critical baby formula shortage.
As inflation soars, one-third of Americans are experiencing financial stress: Survey
More than one-third of households reported difficulties in paying bills recently.
House approves bill to take aim at gasoline 'price gouging'
A bill backed by House Democrats would give President Joe Biden authority to declare an energy emergency and ban excessive or exploitative fuel prices.
Nationwide gas prices could exceed $6 by end of summer, analysts warn
Analysts for JP Morgan say the national average for a gallon of regular unleaded could exceed $6 by the end of the summer. The top energy official for the Biden administration told FOX 4 that the national average price likely will stay above $4 a gallon for the rest of the year.
Inflation hits rural towns: 'Groceries, utilities, gas, we’re seeing it everywhere'
Business owners in Midland, Texas, say inflation is the toughest on them
Nestle flies baby formula to US from Europe to ease shortage
Nestle is shipping Gerber baby formula from the Netherlands and Alfamino formula from Switzerland to the United States to help with a formula shortage crisis that has left parents struggling to find supplies in stores.
Wendy's, McDonald's lawsuit claims burger ads mislead consumers on patty sizes
Attorney James C. Kelly told FOX Business, 'There is no good reason why Wendy’s and McDonald’s should be allowed to use trickery in their advertising.'
Baby formula shortage: Which foods and techniques boost breast milk production?
Baby formula is the latest staple to be hit by supply chain shortages in the U.S.
Biden sees a bigger role for US farms due to Ukraine war
President Biden vowed to help farmers try to ease a global spike in food prices as he visited a family farm and unrolled policies meant to increase harvests in ways that the administration believes could also help to reduce grocery bills at home.
US inflation hit 8.3% in April but slows from 40-year high
Consumer prices jumped 8.3% last month from 12 months earlier, the Labor Department said Wednesday.
Pediatrician's plea to parents: Do NOT make your own baby formula
Amid today's baby formula shortage, Dr. Sarah Adams of Akron Children's Hospital in Ohio warned parents away from homemade options.
Robocalls have increased by millions in recent months
Robocalls jumped by over 600 million from February to March, YouMail tracker found
April 2022 jobs report: US added 428,000 jobs despite surging inflation
America’s employers added 428,000 jobs in April 2022 and hiring kept the unemployment rate at 3.6%.
Biden highlights deficit progress to counter criticism on US economy
The president is placing a renewed emphasis on reducing the deficit — which is the gap between what the nation spends and what it takes in — in order to blunt Republican criticism.
North Texas schools raising starting salaries, offering hiring bonuses to combat teacher shortage
Multiple local school districts are raising starting salaries for new teachers to $60,000 or higher. Many districts also started recruiting earlier in an effort to fill vacancies by the next school year.
Price of diesel hits all-time high, straining the trucking industry
A gallon of diesel hit $5.296 on Sunday, according to AAA.
What is a recession, and should Americans be worried?
Recessions are notoriously hard to predict – but here's what to know about them
US economy shrank by 1.4% in Q1 despite solid consumer spending
Despite the weak showing, most economists expect a rebound in the April-June quarter as solid hiring and wage gains sustain growth.