Markets

Americans are likely stuck with higher inflation for the rest of the year at least, according to a new survey from the nation's top economic forecasters.

Target is the latest company to announce that it's slashing prices as inflation continues to squeeze consumer wallets. The price cuts will take effect this summer.

Seafood chain Red Lobster is facing financial difficulties and has closed dozens of locations after financial challenges were exacerbated by blowout demand for endless shrimp.

Airfare for Memorial Day weekend is averaging less than last year as well as in 2019. However, economists are urging consumers to book their flights now.

President Biden lauded the April CPI report as a sign of progress in fighting inflation, even as the data suggested the road back to normal could be bumpy.

Minnesota lawmakers reached an agreement Sunday on a bill that is designed to raise the pay rate for Uber and Lyft drivers working in the state.

Costco's multinational chain of membership-only stores have increased some prices, like for olive oil and gas, while its $1.50 hot dog-soda combo is unchanged for the time being.

High inflation has flattened the growth in American household net worth in recent years, with little net growth in President Biden's first three years compared to his predecessor.

Maryland Governor Wes Moore said the container ship Dali that caused the collapse of Baltimore's Francis Scott Key Bridge will be removed from the channel in the next few days.

Actors and performers at Disneyland Resort who portray characters like Mickey Mouse are forming a union after the Actors Equity Association said 79% voted in favor of unionization.

Kuderna Financial Team founder and "What Should I Do with My Money?" author Bryan Kuderna shares advice to consumers on how to avoid falling for the 'spaving' trap.