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.
State of Fort Bend County address discusses current prosperity to the next economic level
It’s been an epicenter of growth and diversity, and now Fort Bend County’s top leaders say an even brighter future is within reach.
Gas prices continue to climb nationwide
The national average for a gallon of gasoline climbed once again overnight. Unfortunately, that's the case; gas stations are just one of the places more Americans are seeing those high prices.
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.
Target is cutting prices to get rid of excess inventory
Consumer habits are shifting, and Target is trying to "right-size" its inventory.
Soaring gas prices pump the brakes on return-to-work efforts
Google employees, contractors protest return-to-work requirement wiping out paycheck with costly commute.
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.
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.
Pain at the pump: Gas costs nearly $10 a gallon at this California station
Each week, the price of gas gets impossibly higher. One gas station in California is selling gasoline at nearly $10 a gallon.
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.
560,000 students from Corinthian Colleges will have student loans canceled
The colleges shut down after campuses were accused of falsifying data on the success of their graduates, reporting some were working in their field of study but were working at grocery stores or fast-food chains. FOX 26 Consumer Reporter Heather Sullivan has the full story.
IRS hiring more than 4,000 reps to improve response to taxpayers
Looking for work? The IRS is hiring 4,000 contact representatives to improve taxpayer experience.
560,000 students from Corinthian Colleges will have student loans canceled
The colleges shut down after campuses were accused of falsifying data on the success of their graduates, reporting some were working in their field of study but were working at grocery stores or fast-food chains.
LeBron James becomes first active NBA player to become a billionaire: report
Lakers superstar LeBron James has become the first active NBA player to become a billionaire, according to a report.
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.
Wedding costs up 30%, how couples are cutting more than cake
As wedding costs soar by 30%, couples are changing things up to save money. FOX 26 Consumer Reporter Heather Sullivan has more.
Car prices vary: It can be a lot cheaper to buy a used vehicle in another state
Used car and truck prices can vary widely from state to state.
City of Seattle passes legislation that guarantees a minimum wage for delivery drivers
The Seattle City Council has unanimously passed legislation that would guarantee a minimum wage for app-based delivery drivers and gig workers, making it the first city in the nation to do so.
Insuring your property, precious items ahead of hurricane season
FOX 26 Consumer Reporter Heather Sullivan has some smart sense on ways you can protect your property or precious items ahead of hurricane season, which begins on June 1.
Inflation zaps US savings rate, a warning sign for some
Consumers haven’t been this worried since the financial crisis of 2008.