Cargill to lay off thousands of workers amid falling commodity prices
Cargill Inc. is laying off thousands of workers globally as it faces pressures related to lower commodity prices. The cuts equate to about 8,000 jobs.
Fed's favored inflation gauge showed price growth picked up in October
The Commerce Department released data showing that PCE inflation ticked higher in October, though the Federal Reserve's preferred inflation gauge remained near last month's level.
Majority of Americans lack economic security, study finds
A study measuring the true cost of living found that more than half of American households do not have the resources to pay their bills and have enough money left over for savings.
Fed's Goolsbee makes case for lower interest rates
Chicago Federal Reserve President Austan Goolsbee said the neutral rate is "well below" where it is right now, and policymakers can cut further so long as the economy does not overheat.
Kohl's shares tumble on earnings miss, CEO to step down in January
Kohl's announced that CEO Tom Kingsbury is stepping down in January. He will be replaced by Ashley Buchanan, the current chief executive of arts and crafts retailer Michaels.
Trump's proposed tariffs could drive up food prices, experts say
Concerns are rising that the sweeping tariffs on all foreign imports that President-elect Donald Trump has vowed to impose could cause the prices of groceries to rise.
Here's how you can earn points when purchasing a home
Bilt, which has become widely known as a loyalty program helping renters earn on their biggest reoccurring expense, is trying to help people shift into home buying.
Clif Bar $12M settlement: How to file a claim for compensation
Consumers impacted by the $12 million settlement with the Clif Bar & Company still have time to file and potentially receive a cash payment from the protein bar company.
Growing number of shoppers facing fraud: what to know
A growing number of shoppers are facing fraud. That issue is many of them aren't recognizing the types of fraud that exist today, according to a recent report from AARP.
Spirit Airlines files for bankruptcy: What passengers should know
Spirit Airlines announced on Monday that its recent Chapter 11 bankruptcy filing won't impact travel. But industry experts say their could be issues ahead.
Homeowners skipping meals to make monthly payments, survey finds
Monthly housing costs have risen to such a degree that the majority of residents making under $50,000 are struggling to make payments, a survey found.
California farm makes massive organic carrot recall after 1 dead, multiple infected with E. coli
The Centers for Disease Control and Prevention and public health officials across 18 states are investigating a multistate outbreak of E. coli linked to organic carrots.
Elon Musk says his role in Trump's efficiency department 'is going to be a revolution'
Billionaire Elon Musk, who will help lead Trump's Department of Government Efficiency, addressed a crowd at the the America First Policy Institute gala at Mar-a-Lago.
Fed Chair Jerome Powell says central bank in no rush to reach 'neutral rate'
Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for interest rates and will respond to economic data as it comes in.
This is the best time to buy a home according to experts
Realtor.com economists have nailed down when the best time to buy a home is during the year. While interest rates are high, this year is no different.
Lowe's to give $2.5M to small businesses hammered by Hurricane Helene
Lowe's will provide millions of dollars in funds to small businesses in its home state of North Carolina that are struggling to recover in the wake of Hurricane Helene.
Where was inflation the highest in October? Northeast and Midwest cities near the top
Americans across the country are experiencing vastly different inflation rates depending on where they live, and new Labor Department data shows it was highest in the Northeast.
Spirit prepares for bankruptcy filing after failed Frontier talks: report
Spirit Airlines is reportedly planning to file for bankruptcy protection in a matter of weeks after revived merger talks with Frontier Airlines fell through.
Inflation rises 2.6% in October, in line with expectations
Inflation rose slightly in October in line with economists' expectations, as the consumer price index was up 2.6% from a year ago and 0.2% compared with last month.
US retail closures hit highest level since pandemic
Estimates from Coresight Research highlight how retail closures this year reached the highest level since the COVID-19 pandemic. Retailers announced 6,481 store closures as of Nov. 8.



















