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Image about Holiday Travel Costs Have Never Been More Expensive

Holiday Travel Costs Have Never Been More Expensive

The Thanksgiving holiday will be here in a matter of days, and with it will come a modicum of, albeit expected, stress. This year the chaos will likely be exacerbated by significantly higher travel prices that will certainly complicate... More of this article »
Image about Early Holiday Promotions Entice Frugal Shoppers, Bumping Retail Spending up 1.3 Percent

Early Holiday Promotions Entice Frugal Shoppers, Bumping Retail Spending up 1.3 Percent

It looks like the holiday shopping season is already off to an excellent start. According to a Wednesday update from the US Census Bureau, retail sales in the United States rose by 1.3% in October. Apparently, American shoppers are... More of this article »
Image about Amazon Offers “Voluntary Severance” Program to Motivate Labor Cuts

Amazon Offers “Voluntary Severance” Program to Motivate Labor Cuts

On Wednesday, e-commerce giant Amazon confirmed they have begun a round of layoffs after several outlets let slip the online retailer’s plans to shave its workforce down by as much as 10,000 in personnel this week. It will... More of this article »
Image about High Interest Rates Mean Car Prices Aren’t Cooling Off Anytime Soon

High Interest Rates Mean Car Prices Aren’t Cooling Off Anytime Soon

If you are in the market for a new car, you may be in for a whole lot of sticker shock. Inventory is high, and when there are lots of cars to choose from that typically means prices are competitive. And since many people probably... More of this article »
Image about Walgreens and CVS Agree to Pay a Combined $10B Settlement in Opioid Case

Walgreens and CVS Agree to Pay a Combined $10B Settlement in Opioid Case

Walgreens and CVS have agreed, tentatively, to pay $10 billion in order to settle lawsuits brought upon them by both state and local governments. The lawsuits allege the retailers improperly handled opioid painkiller prescriptions.... More of this article »
Image about Here’s What We Will See with Fed Benchmark Raised Again

Here’s What We Will See with Fed Benchmark Raised Again

Over two days, this week, the Federal Reserve will conduct its Federal Open Market Committee meetings. And during this session, many expect the central US bank to raise its benchmark interest rate, for the fourth meeting in a row.... More of this article »
Image about Pine-Sol and Clorox Issue Recall Over Bacterial Contamination in Eight Product Lines

Pine-Sol and Clorox Issue Recall Over Bacterial Contamination in Eight Product Lines

This week, the US Consumer Product Safety Commission announced a recall on eight Pine-Sol disinfectant cleaning products over concerns that they may be contaminated with infection-causing bacteria. The recall applies to approximately... More of this article »
Image about Mortgage Rates Pass 7% to Their Highest Level Since 2001

Mortgage Rates Pass 7% to Their Highest Level Since 2001

Mortgage rates in the United States rose nearly 20 points, to 7.16%, the final week of October. This is the highest level for a typical 30-year mortgage interest rate since 2001. The Mortgage Bankers Association also said the average... More of this article »
Image about Delivery Gig Provider ‘Shipt; Sued in Minnesota over Worker Classification

Delivery Gig Provider ‘Shipt; Sued in Minnesota over Worker Classification

This week, Minnesota Attorney General Keith Ellison filed a lawsuit against grocery delivery company Shipt over allegations they improperly classify their delivery workers. Acquired by Target in 2017—for $550 million—Shipt offers... More of this article »
Image about Trump’s Company Grossly Overcharged Secret Service While Staying at Trump Properties During His Term, Report Says

Trump’s Company Grossly Overcharged Secret Service While Staying at Trump Properties During His Term, Report Says

Documents released this week by the House Oversight Committee offer details about how the Trump Organization charged extremely high rates to the Secret Service for stays at Trump properties. Just for doing their jobs—protection... More of this article »
Image about Mortgage Applications Drops to 25-Year Low

Mortgage Applications Drops to 25-Year Low

Mortgage demand has struggled for the better part of the last four months, ultimately falling to its lowest level since 1997 just a few days ago. Of course, this decline is caused by three major issues: rising interest rates, higher... More of this article »
Image about Hertz and BP Announce EV Partnership

Hertz and BP Announce EV Partnership

As gas prices continue to rise—or, at the very least, remain at historically high levels—both car and fuel companies have to look for more ways to attract customers. One way to do that, of course, would be to focus on alternative... More of this article »
Image about Personal Consumption Expenditure Metric Suggests Inflation iin August was Higher Than Expected

Personal Consumption Expenditure Metric Suggests Inflation iin August was Higher Than Expected

While it may not be all that surprising to most, August registered stronger inflation levels than analysts had originally expected. This is in spite of accelerated efforts from the Federal Reserve bank to temper prices to help consumers.... More of this article »
Image about Nearly Three-in-Four Workers Are Looking for Additional Work To Keep Up With Inflation

Nearly Three-in-Four Workers Are Looking for Additional Work To Keep Up With Inflation

New labor data indicates an alarmingly high number of people are looking for extra work to keep pace with inflation. In a survey from workforce-as-a-service platform Bluecrew, approximately 70 percent of Americans are looking for... More of this article »
Image about General Electric to Lay Off One-Fifth of US Onshore Wind Workforce

General Electric to Lay Off One-Fifth of US Onshore Wind Workforce

Energy provider General Electric recently announced a plan to lay off roughly one-fifth of the workforce within its US onshore wind division. Approximately 20 percent of this roster equates to several hundred jobs. A spokesperson... More of this article »