Out-of-gas calls on the rise, AAA says
In April alone, AAA received 50,787 calls from stranded drivers.
In April alone, AAA received 50,787 calls from stranded drivers.
US inflation hit 8.6% in May, a new 40-year high
Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.
Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.
No, you're not imagining it — package sizes are shrinking, here's why
Shrinkflation isn’t new, experts say. But it increases during times of high inflation as companies grapple with high costs for ingredients, packaging, labor, and transportation.
Shrinkflation isn’t new, experts say. But it increases during times of high inflation as companies grapple with high costs for ingredients, packaging, labor, and transportation.
Go-broke dates pushed back for Social Security, Medicare
Social Security retirees got a 5.9% boost in benefits this year, the biggest cost-of-living adjustment in 39 years.
Social Security retirees got a 5.9% boost in benefits this year, the biggest cost-of-living adjustment in 39 years.
May jobs report: US added 390,000 jobs last month as hiring remained robust
U.S. employers added a healthy 390,000 jobs in May 2022, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and interest rates.
U.S. employers added a healthy 390,000 jobs in May 2022, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and interest rates.
Walmart to create 4,000 jobs with 4 new fulfillment centers
The first of the four new new fulfillment centers will open this summer in Illinois. These centers will provide faster shipping of items to customers.
The first of the four new new fulfillment centers will open this summer in Illinois. These centers will provide faster shipping of items to customers.
US gas prices could top $5 a gallon by mid-June, analyst predicts
With gas prices exceeding $4 nationwide, one expert believes there’s a way you can save a few dollars at the pump by changing your driving habits.
With gas prices exceeding $4 nationwide, one expert believes there’s a way you can save a few dollars at the pump by changing your driving habits.
Amazon tests package deliveries directly from shopping malls
Amazon’s new service gives customers a convenient option to have merchandise delivered to their homes faster.
Amazon’s new service gives customers a convenient option to have merchandise delivered to their homes faster.
Key inflation measure slowed in April for the first time since 2020
High inflation is still causing hardships, but any slowing of price increases, if it can be sustained, will provide some modest relief.
High inflation is still causing hardships, but any slowing of price increases, if it can be sustained, will provide some modest relief.
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.
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.
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.
More than one-third of households reported difficulties in paying bills recently.
Stocks close just above bear market after turbulent day
The S&P 500 ended 18.6% below the record high it set in early January.
The S&P 500 ended 18.6% below the record high it set in early January.
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.
A bill backed by House Democrats would give President Joe Biden authority to declare an energy emergency and ban excessive or exploitative fuel prices.
BBB warns against baby formula scams amid national shortage: 'Scammers are watching'
The baby formula shortage could inspire scammers to strike online, the Better Business Bureau warns.
The baby formula shortage could inspire scammers to strike online, the Better Business Bureau warns.
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.
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.'
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.'
Walmart targets college grads for future manager jobs earning $200K
College grads can apply for Walmart’s new management trainee program with a chance to land a store manager gig that pays more than $200,000 a year.
College grads can apply for Walmart’s new management trainee program with a chance to land a store manager gig that pays more than $200,000 a year.
ON THE HILL: Experts discuss how inflation will impact 2022 midterm elections
One of the key political issues gripping Washington D.C. right now is the country's rapidly rising inflation, so FOX 5's On The Hill spoke with two experts about how the issue will play out during the midterm elections.
One of the key political issues gripping Washington D.C. right now is the country's rapidly rising inflation, so FOX 5's On The Hill spoke with two experts about how the issue will play out during the midterm elections.
Inflation gave most Americans a 2.6% wage cut in April
The typical US worker is worse off today than they were a year ago due to inflation.
The typical US worker is worse off today than they were a year ago due to inflation.