Out-of-gas calls on the rise, AAA says

In April alone, AAA received 50,787 calls from stranded drivers.

US inflation hit 8.6% in May, a new 40-year high

Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.

No, you're not imagining it — package sizes are shrinking, here's why

Shrinkflation isn’t new, experts say. But it increases during times of high inflation as companies grapple with high costs for ingredients, packaging, labor, and transportation.

Facing huge inventory, Target cuts vendor orders, slashes prices

Target is canceling orders from suppliers, particularly for home goods and clothing, and it's slashing prices further to clear out amassed inventory ahead of the critical fall and holiday shopping seasons.

Soaring diesel prices impacting the trucking industry could lead to rising food costs

Many truck companies say they cannot keep absorbing these costs. That will ultimately be reflected in the prices that the consumer pays and that's part of the increase in the cost of food.

DeSantis Signs Budget, Vetoes $3.13 Billion

Pointing to a need to further brace the state against a potential recession, Gov. Ron DeSantis issued $3.13 billion in vetoes Thursday as he signed a record $109.9 billion budget for the fiscal year that will begin July 1.

Go-broke dates pushed back for Social Security, Medicare

Social Security retirees got a 5.9% boost in benefits this year, the biggest cost-of-living adjustment in 39 years.

May jobs report: US added 390,000 jobs last month as hiring remained robust

U.S. employers added a healthy 390,000 jobs in May 2022, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and interest rates.

US gas prices could top $5 a gallon by mid-June, analyst predicts

With gas prices exceeding $4 nationwide, one expert believes there’s a way you can save a few dollars at the pump by changing your driving habits.

Biden cites strain on families from infant formula shortage

To ease the baby formula shortage, the Biden administration's strategy calls for importing foreign supplies and using the Defense Production Act to speed domestic production.

Tampa tops nation in housing price increases

After nearly three years of Phoenix leading the nation in the most rapid growth in housing prices, Tampa has now risen to the top. Home prices in the Bay Area have skyrocketed nearly 35% compared to last year, vastly outpacing the national average of a 20% increase.

Amazon tests package deliveries directly from shopping malls

Amazon’s new service gives customers a convenient option to have merchandise delivered to their homes faster.

Housekeepers struggle as US hotels ditch daily room cleaning

Many hotels across the United States have done away with daily housekeeping service, making what was already one of the toughest jobs in the hospitality industry even more grueling.

More Memorial Day travel expected, despite high gas prices

AAA estimates that millions of people will travel 50 miles or more during the holiday weekend with the majority of them driving their cars.