Ford chairman calls for deal to end UAW strike, warns entire US auto industry at stake
Ford Executive Chair Bill Ford called on the United Auto Workers to make a deal to end the union's strike, saying the work stoppage could cripple the entire U.S. auto industry.
Gas prices decline despite Middle Eastern uncertainty: AAA
U.S. gas prices dropped this week due to falling oil prices and tepid demand, according to AAA. However, geopolitical uncertainty in the Middle East could drive up oil prices.
Dollar General shares jump as retailer brings back former CEO
Dollar General announced that it's bringing back its former CEO to help stabilize the business, which has faced several disappointing quarters and labor violations.
US housing market: Expert says ‘all hope is not lost’ for potential homebuyers
The real estate market is still putting pressure on sellers and potential buyers to sit on the sidelines while rates remain elevated. However, buyers might get some reprieve this fall.
Chipotle raising menu prices to offset inflation
Chipotle announced that it will raise prices for the first time in more than a year. The company started to announce menu price hikes in 2021 as operations costs climbed.
U.S. job growth surges past expectations in September
Job growth was significantly higher than economists expected in September. But this strength in the economy could cause the Fed to continue raising rates at its next Federal Open Markets Committee (FOMC) meeting in November.
These are riskier housing markets for buyers and investors
Realtor.com chief economist Danielle Hale analyzed the markets that had the biggest price appreciation over the past four years. However, that run-up is "potentially unsustainable."
Michigan thief used Bluetooth to steal 800 gallons of gas by hacking into pumps, station owner says
A Michigan man allegedly stole 800 gallons of gas from a Shell station using the Bluetooth from a cellphone to hack the pump as prices continue to increase, the station owner said.
Gas prices unseasonably high despite a drop in demand: AAA
Nationwide gas prices dipped on average by only three cents to $3.83 for the week ending Sept. 28, according to AAA.
California gas prices nearing $7 a gallon at some pumps
Fuel prices at some Southern California gas stations rose this week, with the cost of regular nearing $7 a gallon as the pain at the pump continues.
UPS hiring over 100,000 holiday workers
UPS said it's seeking to hire more than 100,000 seasonal workers as it prepares for another holiday shipping season. UPS is enticing workers by offering competitive wages.
Affordability headwinds in the housing market will persist, economists say
Some economists believe the current housing market conditions aren't going to get better any time soon. The current rate on the 30-year fixed mortgage is 7.19%.
Gas prices drop slightly after the Fed's interest rate pause: AAA
Gas prices on average declined slightly after the Fed announced a pause to interest rate hikes. But volatile oil prices could mean uncertainty at the pump. Here’s what you can do.
California gas prices near $6 a gallon
Average gas prices in California are nearing $6 a gallon due to issues at several refineries within the state. There are 14 refineries in California, producing more than 1.6 million barrels per day.
Existing home sales fall for fifth month as supply crunch worsens
The sale of previously owned homes slumped again in August as high mortgage rates and a worsening supply shortage left would-be buyers with limited options.
Fed pauses interest rate hikes in September but could raise rates again this year
The Federal Reserve paused interest rates in its September meeting. But inflation remains high as Americans deal with record credit card debt. Here’s what to do.
Why a United Auto Workers strike could mean higher car and insurance costs
A United Auto Workers (UAW) union strike on all three automakers could push auto prices and insurance prices up economists said.
Housing starts unexpectedly plummet to lowest level since 2020
New U.S. home construction fell 11.3% in August to the lowest level in three years as a spike in mortgage rates suppresses demand among would-be buyers.
Retail trade group urges passage of bill that would reduce credit card 'swipe fees': Here's why
The National Retail Federation has been pleading for Congress to pass the Credit Card Competition Act, even going as far as to launch a six-figure advocacy campaign.
RFK Jr says he would ban fracking in 10-point plan to tackle plastics pollution
Democratic presidential candidate Robert F. Kennedy Jr. said in a social media post that he would ban fracking as part of his plan to end what he called the plastics pollution crisis.