Holiday hiring: Walmart to add fewer workers this year
Walmart said it plans to hire 40,000 workers ahead of this year's busy holiday shopping season. In 2021, the company announced it would hire 150,000 employees ahead of the holidays.
Fed likely to deliver more economic 'pain' with another significant interest rate hike
The Federal Reserve is likely to approve the third straight 75-basis-point interest rate hike on Wednesday as it further intensifies its war on inflation.
Gap is cutting 500 corporate jobs
Gap is eliminating about 500 corporate jobs, after enduring years of slumping sales at the flagship Gap brand and more recently at the Old Navy chain.
Biden administration picks CHIPS team to handle $52.7 billion in semiconductor funding
The Biden administration has named a team of 50 individuals, led by economist Aaron "Ronnie" Chatterji, to handle the $52.7 billion included in the CHIPS Act for semiconductor research.
US return-to-office rates hit pandemic high as more employers get tougher
Workers are returning to U.S. offices at the highest rate since the beginning of the COVID-19 pandemic as companies intensify efforts to bring employees back.
Goldman Sachs cuts 2023 outlook for US growth
Goldman Sachs is cutting its forecast for U.S. Growth Domestic Product in 2023 to 1.1% from 1.5% as monetary policy tightens.
Honda overpays bonuses, asks for cash back from employees: report
Honda Motors Co. has reportedly asked its employees to give money back from bonuses the company says were overpaid. Marysville factory employees have until Sept. 22.
Consumer sentiment rises less than expected in September
The University of Michigan's consumer sentiment index rose less than expected in September as Americans' confidence in the economy remains near a historic low.
Nomura forecasts historic 100-basis-point Fed rate hike after hot inflation data
Hotter-than-expected inflation data released this week could force Federal Reserve policymakers to take historic action and approve a 100-basis-point interest rate hike.
US railways to halt grain shipments ahead of potential shutdown, agriculture sources
U.S. railroads will start halting crop shipments on Thursday, a day ahead of a potential work stoppage. Railroads have until Friday to reach deal with holdout unions.
Inflation improves slightly in August for second consecutive month — what it means for you
Inflation improved slightly in August, and economists said the Fed will likely continue raising interest rates to bring it down further.
Wholesale inflation declines in August, but prices remain near multi-decade high
The producer price index, which measures inflation at the wholesale level before it reaches consumers, remains at a multi-decade high, the Labor Department said on Wednesday.
Surprisingly hot August inflation data solidifies odds of another jumbo Fed rate hike
August inflation data came in hotter than expected, raising the odds of an even more aggressive Federal Reserve interest rate hike when policymakers meet next week.
Inflation rose faster than expected in August, keeping prices painfully high
The Labor Department released the latest inflation data set on Tuesday, revealing just how hot consumer prices ran in August as the Fed tries to cool the economy.
High-stakes inflation report expected to show prices slowed in August but remain elevated
The August inflation data out Tuesday morning is expected to show that consumer prices slowed in August, but that likely won't be enough to mollify the Federal Reserve.
Treasury Secretary Janet Yellen warns gas prices could 'spike' again this winter
Treasury Secretary Janet Yellen warned that gas prices in the U.S. could shoot up again this winter as the European scales back its purchases of Russian oil.
Americans' inflation expectations dropped again in August, New York Fed says
The New York Federal Reserve released a new survey on Monday revealing that American households expect inflation to cool slightly over the next three years.
Gas prices in NJ decline following Labor Day
Gas prices in New Jersey and around the nation continue to drop as the usual decline in demand after Labor Day helps to ease prices at the pump.
Burger King to pour $400M into advertising, restaurant remodels, app improvements over 2 years
Burger King unveiled a plan on Friday to accelerate sales growth, making investments in advertising, remodeling and relocations and the Burger King app.
Americans counter consumer product 'shrinkflation' with new spending habits, survey says
Shrinkflation is causing many Americans to stress about their grocery purchases. However, they are finding ways to fight back. Here are ways you can still save.


















