Inflation rate: Companies maintain high prices
Although inflation continues to slow down, from a one-time high of more than nine percent, a lot of consumers are still finding prices stubbornly high. FOX 26 Business Reporter Tom Zizka says many of the companies that make things we buy want to keep it that way.
Although inflation continues to slow down, from a one-time high of more than nine percent, a lot of consumers are still finding prices stubbornly high. FOX 26 Business Reporter Tom Zizka says many of the companies that make things we buy want to keep it that way.
US inflation slows, companies sticking with high prices for products
Inflation continues to slow from a one-time high of more than 9%, but a lot of consumers are still finding prices are stubbornly high because many of the companies we buy from like it that way.
Inflation continues to slow from a one-time high of more than 9%, but a lot of consumers are still finding prices are stubbornly high because many of the companies we buy from like it that way.
Mortgage rates drop to lowest level since last spring: Freddie Mac
With home prices and interest rates falling, the housing market is becoming slightly more affordable this year.
With home prices and interest rates falling, the housing market is becoming slightly more affordable this year.
Gas prices climb higher as arctic winter weather impacts production: AAA
The national average cost for a gallon of gas increased by two cents from last week to $3.09, according to AAA.
The national average cost for a gallon of gas increased by two cents from last week to $3.09, according to AAA.
Sports Illustrated planning to lay off most, if not all, staff
The publisher of Sports Illustrated has notified employees it is planning to lay off a significant portion — possibly all — of the outlet's staff after its license to use the iconic brand's name in print and digital was revoked.
The publisher of Sports Illustrated has notified employees it is planning to lay off a significant portion — possibly all — of the outlet's staff after its license to use the iconic brand's name in print and digital was revoked.
Macy's to slash 2,350 jobs, close 5 stores in move to embrace technology: report
Famed retailer Macy's is planning on shuttering five storefronts and laying off over 2,000 employees; here's the list of closures.
Famed retailer Macy's is planning on shuttering five storefronts and laying off over 2,000 employees; here's the list of closures.
Biden just shortened the timeline to student loan forgiveness for these borrowers
Borrowers already enrolled in SAVE who initially took out $12,000 or less for college may have their loans forgiven soon.
Borrowers already enrolled in SAVE who initially took out $12,000 or less for college may have their loans forgiven soon.
Mary Poppins bag lawsuit: Uniqlo accuses Shein of copying hit product
The Uniqlo bag is praised on TikTok and other social media as roomy but also light and compact.
The Uniqlo bag is praised on TikTok and other social media as roomy but also light and compact.
Just over 15 percent of home listings were considered affordable in 2023: Redfin
Just 15.5% of homes are considered affordable for everyday homebuyers, the lowest share on record.
Just 15.5% of homes are considered affordable for everyday homebuyers, the lowest share on record.
Home buyers struggle in 2023, but homeownership rate could rise in 2024
Housing inventory was low in 2023, but homeownership stayed steady at 66%. The rate could see an increase in 2024.
Housing inventory was low in 2023, but homeownership stayed steady at 66%. The rate could see an increase in 2024.
Diamond company cuts prices this month amid difficult economy, lab-grown demand
The company reportedly sought to drum up more sales.
The company reportedly sought to drum up more sales.
Spirit Airlines, JetBlue merger blocked by federal judge. Here's why.
A $3B merger between Spirit Airlines and JetBlue Airways has been blocked by a federal judge. Here's what's next.
A $3B merger between Spirit Airlines and JetBlue Airways has been blocked by a federal judge. Here's what's next.
73 percent of Americans still haven’t bounced back financially from the COVID-19 pandemic
Americans struggle to meet basic costs, with 73% reporting they haven't yet recovered financially from the fallout of COVID-19.
Americans struggle to meet basic costs, with 73% reporting they haven't yet recovered financially from the fallout of COVID-19.
IRS waiving $1 billion in penalty taxes, will kick off 2024 tax season on Jan. 29
The 2024 tax season gets officially underway at the end of January and some taxpayers could see tax penalties waived, the IRS said.
The 2024 tax season gets officially underway at the end of January and some taxpayers could see tax penalties waived, the IRS said.
Sam's Club will stop checking receipts at the door and do this instead
The Warehouse Club is using this new method to enhance the shopping experience for customers.
The Warehouse Club is using this new method to enhance the shopping experience for customers.
Washington AG sues to block Kroger and Albertsons merger, warning of higher grocery prices
Meanwhile, Kroger and Albertsons say they must merge to compete with Walmart, Amazon and other major companies that have stepped into the grocery business.
Meanwhile, Kroger and Albertsons say they must merge to compete with Walmart, Amazon and other major companies that have stepped into the grocery business.
Major bank announces elimination of 20,000 jobs after losses
Citigroup announced a net loss of $1.8 billion in the fourth quarter.
Citigroup announced a net loss of $1.8 billion in the fourth quarter.
Gas prices stay low at the start of the new year: AAA
Gas prices fell slightly at the start of 2024 even as insurance premiums continue to rise.
Gas prices fell slightly at the start of 2024 even as insurance premiums continue to rise.
FAA boosts oversight of Boeing after 737 MAX 9 blowout
The Federal Aviation Administration will begin auditing Boeing's aircraft production and increase oversight of the troubled manufacturer after a panel blew off a jetliner in midflight last week, the last in a string of mishaps for its marquee aircraft.
The Federal Aviation Administration will begin auditing Boeing's aircraft production and increase oversight of the troubled manufacturer after a panel blew off a jetliner in midflight last week, the last in a string of mishaps for its marquee aircraft.
Panera Bread announces $1 soup deal for National Soup Month, reveals new menu item
Panera customers can use the code SOUP to snag a $1 cup of soup to add to any entrée purchase
Panera customers can use the code SOUP to snag a $1 cup of soup to add to any entrée purchase