US inflation reached 9.1% in June, a new 40-year high

U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.

Starbucks closing these 16 stores, citing safety issues

Starbucks is closing 16 stores around the country because of repeated safety issues, including drug use and other disruptive behaviors that threaten staff.

Twitter sues to force Elon Musk to complete his $44B acquisition

Twitter said Tuesday it has sued Elon Musk to force him to complete the $44-billion acquisition of the social media company.

PepsiCo says prices of sodas and snacks may rise

PepsiCo signaled Tuesday that there will be further price hikes to come for the company's beverages and snacks as demand remains steady and raw material costs continue to soar amid decades-high inflation.

Baby formula shortage: Production resumes at troubled Abbott factory

Damage from severe thunderstorms including flooding had forced the Michigan plant to halt operations in mid-June just two weeks after restarting production with additional sanitizing and safety protocols.

Big Olaf Creamery agrees to recall ice cream after listeria outbreak, Florida health officials say

The Florida Department of Health said Friday afternoon that Big Olaf Creamery agreed to a recall of its ice cream. This comes after the Florida Department of Health and CDC linked the Sarasota-based ice cream maker to a deadly listeria outbreak. 

Ford issues recall, asks SUV owners park outside over engine fire concerns

The company also announced Friday that it’s recalling another 100,000 SUVs in the U.S. for a different problem that also causes engine fires.

US employers add a solid 372,000 jobs in sign of resilience

America’s employers shrugged off high inflation and weakening growth to add 372,000 jobs in June, a surprisingly strong gain that will likely spur the Federal Reserve to keep sharply raising interest rates.

Clam recall: Bumble Bee smoked clams contaminated with ‘forever chemicals,’ FDA says

Studies have linked "forever chemicals" to several health issues, including increased cholesterol levels, high blood pressure and pre-eclampsia in pregnant women, developmental effects and cancer.

Smithfield Foods settles pork price-fixing lawsuit for $42M

Smithfield Foods will pay restaurants and caterers $42 million to settle a lawsuit that accused the giant meat producer of conspiring to inflate pork prices.

FDA: Inflatable neck rings can cause injury to swimming infants

Parents of babies, especially those with developmental delays or special needs, are being warned not to use these neck pillow flotation devices.