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.
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.
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.
Mortgage demand plummets as interest rates hover near 13-year high
Homebuyer demand for mortgages tumbled last week as the average interest rate on the most popular U.S. home loan hovered near a 13-year high, a sign the red-hot housing market may be starting to cool off, according to new data from the Mortgage Bankers Association.
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.'
Travel expert warns pilot shortage crisis will get 'bigger and bigger'
The Points Guy founder and CEO Brian Kelly said "When they (airlines) don't have enough pilots, there's less flights, and less flights means more expensive flights."
6 months in, Biden's infrastructure plan has 4,300 projects
The Biden administration announced $110 billion for the projects will be used for federal highways, public transit, bridges, safety, and airports. This news comes months after President Joe Biden signed the $1 trillion infrastructure bill into law.
Retiring on high seas: More living out golden years aboard cruise ships
With home prices skyrocketing and cruising increasing in popularity, more people are looking to live out their golden years out on the open seas.
Bitcoin tumbles, a stablecoin plunges in wild week in crypto
Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry's highest-profile companies lost a third of its market value.
Alaska mom says baby formula shortage 'creating extra panic' as she launches group for struggling parents
Allie Seckel of Kodiak, Alaska, also revealed how parents can avoid online scams.
Inflation has eroded 40% of Social Security's purchasing power since 2000
Inflation is rapidly eroding the buying power of Social Security benefits, according to new research published this week.
Abbott says it will be at least two months before baby formula from shuttered plant hits shelves
The baby formula shortage continues to get worse.
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.
Here's how much more you'll be paying for food in 2022, according to USDA estimates
The USDA’s Food Price Outlook estimates that prices at the grocery store will increase by 5%-6% in 2022. Overall, food prices were 8.8% higher in March 2022, compared to a year prior.
How credit card swipe fees are hitting consumers
The average family already spends an additional $900 from added swipe fees.
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