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
Nov 21 Elon Musk's Twitter reinstates Rep. Marjorie Taylor Greene By Associated Press Elon Musk's Twitter has reinstated the personal account of far-right Rep. Marjorie Taylor Greene, who was banned in January for violating the platform's COVID misinformation policies at the time. Continue reading
Nov 18 Elizabeth Holmes gets more than 11 years in prison for Theranos scam By Michael Liedtke, Associated Press The sentence imposed by U.S. District Judge Edward Davila was shorter than the 15-year penalty requested by federal prosecutors but far tougher than the leniency her legal team sought for the mother of a year-old son with another child on… Continue reading