Amazon faces lawsuit over allegations of price inflation, anti-competitive practices
The Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms.
The Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms.
High interest rates could be the new normal
After the two-day meeting of the federal reserve, financial experts predict that interest rates will remain high for the foreseeable future.
After the two-day meeting of the federal reserve, financial experts predict that interest rates will remain high for the foreseeable future.
Rite Aid to close hundreds of stores in bankruptcy: report
Rite Aid will reportedly close 400 to 500 stores as it plans to file for bankruptcy, the Wall Street Journal reported.
Rite Aid will reportedly close 400 to 500 stores as it plans to file for bankruptcy, the Wall Street Journal reported.
Houston designer heads to Paris Fashion week
A Houston designer who designs sunglasses will be showcasing her designs in Paris Fashion week.
A Houston designer who designs sunglasses will be showcasing her designs in Paris Fashion week.
Inflation is affecting parents' ability to pay for education: survey
Inflation is taking a toll on back-to-school shopping expenses in 2023 as parents struggle with funding their children's education, supplies and extracurriculars, according to a survey.
Inflation is taking a toll on back-to-school shopping expenses in 2023 as parents struggle with funding their children's education, supplies and extracurriculars, according to a survey.
The Oscar Mayer Wienermobile is back
Oscar Mayer says the Frankmobile is toast. The Wienermobile rides again.
Oscar Mayer says the Frankmobile is toast. The Wienermobile rides again.
UAW president Shawn Fain calls on 38 GM, Stellantis plants to strike in 20 states - Ford not affected
UAW President Shawn Fain set noon Friday as a deadline for that progress with Ford, Stellantis, and General Motors or more workers will join the picket line. He's expected to announce the next striking plants at 10 a.m.
UAW President Shawn Fain set noon Friday as a deadline for that progress with Ford, Stellantis, and General Motors or more workers will join the picket line. He's expected to announce the next striking plants at 10 a.m.
UAW strike update: These plants joined the picket line Friday
After General Motors and Stellantis failed to make sufficient progress with the UAW, the union called on all the automakers' parts distribution facilities to strike. This includes 38 facilities across 20 states.
After General Motors and Stellantis failed to make sufficient progress with the UAW, the union called on all the automakers' parts distribution facilities to strike. This includes 38 facilities across 20 states.
Bank of America will increase its minimum wage to $23 an hour
Bank of America’s minimum hourly pay will become $23 once the North Carolina-based company’s planned increase happens.
Bank of America’s minimum hourly pay will become $23 once the North Carolina-based company’s planned increase happens.
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.
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.
UAW strike day 7: GM, Stellantis announce layoffs as negotiations continue
Both General Motors and Stellantis announced layoffs Wednesday as UAW members continue to walk the picket line at three facilities. These layoffs come as the strike nears the one-week mark with more employees potentially joining the picket line.
Both General Motors and Stellantis announced layoffs Wednesday as UAW members continue to walk the picket line at three facilities. These layoffs come as the strike nears the one-week mark with more employees potentially joining the picket line.
Student loan repayment may force some to take on more debt: survey
Many student loan borrowers are anxious that they won't be able to meet their payment obligations once repayments resume in October, according to a recent survey by Achieve.
Many student loan borrowers are anxious that they won't be able to meet their payment obligations once repayments resume in October, according to a recent survey by Achieve.
Social Security payments could rise 3.2 percent in 2024
The Social Security cost of living adjustment could increase to 3.2% in response to high inflation. But it’s far from the 2023 record raise and many Americans still struggle to generate retirement income.
The Social Security cost of living adjustment could increase to 3.2% in response to high inflation. But it’s far from the 2023 record raise and many Americans still struggle to generate retirement income.
TikTok videos show would-be thieves how to steal from stores
Retailers nationwide say theft is costing them almost $100 billion a year and in light of some videos posted on social media, they're worried it's going to get worse.
Retailers nationwide say theft is costing them almost $100 billion a year and in light of some videos posted on social media, they're worried it's going to get worse.
Instacart shares surge in grocery delivery company's stock market debut
Instacart's shares surged Tuesday as the grocery delivery company went from the super market to the stock market.
Instacart's shares surged Tuesday as the grocery delivery company went from the super market to the stock market.
Macy's to hire nearly 40,000 workers in seasonal roles
The seasonal jobs include openings on a full-time and part-time basis.
The seasonal jobs include openings on a full-time and part-time basis.
Houston BCycle bike-share program scheduled for closure
A popular bike-share program could be going away very soon. In fact, a plan is already in place to pull the plug.
A popular bike-share program could be going away very soon. In fact, a plan is already in place to pull the plug.
Spirit Airlines partners with Liberty University flight school, looks to address pilot shortage
The Spirit Wings Pilot Pathway program is the the tenth of its kind nationwide.
The Spirit Wings Pilot Pathway program is the the tenth of its kind nationwide.
Buyer Beware: Some ticket resale rules could leave concert goers out of luck
The cost of going to a concert especially for a popular artist has grown dramatically in recent years and there's a growing threat of buying them on the "secondary market" becoming more challenging.
The cost of going to a concert especially for a popular artist has grown dramatically in recent years and there's a growing threat of buying them on the "secondary market" becoming more challenging.
Growing threat of ticket sales restrictions
The cost of going to a concert especially for a popular artist has grown dramatically in recent years. FOX 26 Business Reporter Tom Zizka says there's a growing threat of buying them on the "secondary market" may become more challenging.
The cost of going to a concert especially for a popular artist has grown dramatically in recent years. FOX 26 Business Reporter Tom Zizka says there's a growing threat of buying them on the "secondary market" may become more challenging.