Nov 28 Business groups pressure Congress to block potential rail strike By Josh Funk, Associated Press Business groups are increasing the pressure on lawmakers to intervene and block a railroad strike before next month's deadline in the stalled contract talks. Continue reading
Nov 25 Watch 5:53 What the proposed Kroger and Albertsons merger could mean for shoppers and food prices By John Yang Two of the nation’s largest grocers are looking to become one, new supermarket giant. Kroger wants to buy Albertsons in a nearly $25 billion deal to compete with retailers like Walmart, the top U.S. grocery seller, and Amazon, which is… Continue watching
Nov 25 Inflation weighs on Black Friday shoppers By Anne D'Innocenzio, Haleluya Hadero, Alexandra Olson, Associated Press Shoppers eager to start holiday shopping but weighed down by inflation are hunting for the best deals at stores and online this Black Friday. Continue reading
Nov 24 Watch 7:09 Inflation casts a shadow over Thanksgiving as food banks struggle to meet demand By William Brangham, Karina Cuevas This Thanksgiving, as many sit down with friends and family at tables overstuffed with food, there are millions of Americans who aren’t as fortunate. The holiday is a reminder of the stark reality of what’s called food insecurity. It’s widespread… Continue watching
Nov 24 Watch 8:03 AOL founder Steve Case on the surprising entrepreneurs reimagining the economic landscape Steve Case is best known for his role as a co-founder and the former CEO of America Online, the trailblazing internet company that made the world wide web more accessible to everyday Americans. Now he's putting his entrepreneurial skills to… Continue watching
Nov 23 Average long-term U.S. mortgage rate lowers to 6.58 percent By Alex Veiga, Associated Press The average long-term U.S. mortgage rate edged lower for the second time in as many weeks, though it remains more than double what it was a year ago — a significant hurdle for many would-be homebuyers. Continue reading
Nov 23 U.S. to detain Dominican sugar import amid accusations of forced labor By Dánica Coto, Associated Press The U.S. government says it will detain all imports of sugar and related products made in the Dominican Republic by the country's largest sugar producer amid allegations that it uses forced labor. Continue reading
Nov 23 U.S. unemployment claims reach highest point since August, remain relatively low By Paul Wiseman, Associated Press The number of Americans applying for unemployment benefits rose to the highest level since August but still remained low by historic standards. Continue reading
Nov 22 Watch 5:40 How to cook Thanksgiving dinner on a budget with the high prices on staple foods By Stephanie Sy, Layla Quran Many Americans are preparing for Thanksgiving dinner, but food prices are high on everything from turkey to staples like butter and flour. Stephanie Sy recently spent a day in the San Diego area following one food blogger making her holiday… Continue watching
Nov 22 Looming rail strike would take a major toll on U.S. economy By Josh Funk, Associated Press American consumers and nearly every industry will be affected if freight trains grind to a halt next month. Continue reading