Nov 27 Why are eggs getting more expensive again? By Dee-Ann Durbin, Josh Funk, Mark Vancleave, Associated Press The average price for a dozen eggs in U.S. cities was $3.37 in October, according to the Bureau of Labor Statistics. Continue reading
Nov 27 U.S. inflation gauge ticks higher with consumer prices on the rise By Christopher Rugaber, Associated Press According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3% in October from a year earlier, the Commerce Department said Wednesday. Continue reading
Nov 25 How the TSA plans to handle the 'busiest Thanksgiving ever' By David Koenig, Associated Press At airports, the Transportation Security Administration says it could screen a record number of U.S. air travelers on Sunday. Continue reading
Nov 25 Macy's says employee hid up to $154 million in expenses, delaying full earnings release By Michelle Chapman, Associated Press It anticipates reporting its full third-quarter financial results by Dec. 11. Continue reading
Nov 21 DOJ seeks to break up Google, forcing web browser Chrome sale as monopoly punishment By Michael Liedtke, Associated Press The proposed breakup floated in a 23-page document filed late Wednesday by the U.S. Justice Department calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent Android from favoring its search engine. Continue reading
Nov 20 Billionaire Gautam Adani charged with fraud, hiding bribery scheme from investors By Associated Press An Indian businessman who is one of the world’s richest people has been indicted in the U.S. on charges he duped investors in a massive solar energy project in his home country by concealing that it was facilitated by alleged… Continue reading
Nov 18 Spirit Airlines files for bankruptcy as financial blows pile up By David Koenig, Associated Press Spirit, the biggest U.S. budget airline, has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 billion over the next year. Continue reading
Nov 14 Food prices worried most voters, but they likely won't see lower grocery bills under Trump By Dee-Ann Durbin, Associated Press Trump often railed on the campaign trail against hefty price increases for bacon, cereal and other products. But the steep food price inflation that stunned the U.S. and other parts of the world in 2021 and 2022 had complicated causes… Continue reading
Nov 14 Ford must pay up to $165 million penalty to U.S. government for moving too slowly on recall By Tom Krishner, Associated Press The National Highway Traffic Safety Administration says Ford was too slow to recall vehicles with faulty rearview cameras, and it failed to give the agency complete information, which is required by the Federal Motor Vehicle Safety Act. Continue reading
Nov 13 After 2 years of steady cooling, U.S. inflation rose slightly last month By Christopher Rugaber, Associated Press Consumer prices rose 2.6 percent from a year earlier, up from 2.4 percent in September. It was the first increase in annual inflation in seven months. From September to October, prices edged up 0.2 percent. Continue reading