Business

d3sign/Getty Images (NEW YORK) — Slow and steady may win the race for a tortoise vs. a hare, according to Aesop’s Fables. However, in reality, this turn of phrase does not ring true when applied to the gradual climb of consumer prices, especially with the latest exorbitant cost increases on items like eggs. Egg prices […]

A box of Kellogg Co. Famous Amos brand chocolate chip and pecan cookies is arranged for a photograph in Ottawa, Illinois, U.S., on Monday, April 1, 2019. (Daniel Acker/Bloomberg via Getty Images) (NEW YORK) — Wallace “Wally” Amos Jr., the founder of Famous Amos cookies, has died, his family said Wednesday. He was 88. He […]

Spencer Platt/Getty Images (NEW YORK) — Stock market turmoil earlier this month prompted some investors to ditch stocks in favor of an alternative typically viewed as safer but less exciting: bonds. The renewed popularity of bonds follows months of heightened interest, since investors have sought to lock in high yields in anticipation of interest rate […]

President of the International Brotherhood of Teamsters Sean O’Brien speaks on the first day of the Republican National Convention, July 15, 2024, in Milwaukee. (Chip Somodevilla/Getty Images) (NEW YORK) — Vice President Kamala Harris has received endorsements from most of the nation’s top labor unions, with a key exception: The International Brotherhood of Teamsters. Teamsters […]

Javier Ghersi/Getty Images (NEW YORK) — Consumer prices rose 2.9% in July compared to a year ago, cooling slightly from the previous month and extending a monthslong slowdown of price increases. The fresh inflation reading outperformed economists’ expectations, reaching its lowest level since 2021. Inflation has slowed for five consecutive months, reversing a surge in […]

RapidEye/Getty Images (NEW YORK) — Are a 1938 Alfa Romeo 8C 2900B Lungo Spider and a 1960 Ferrari 250 GT SWB California enough to convince wealthy collectors to shell out millions of dollars at California’s Monterey Car Week? As thousands descend on Monterey and Carmel for the world’s largest car event, deep-pocketed collectors have pulled […]

Javier Ghersi/Getty Images (NEW YORK) — Fresh inflation data on Wednesday will show whether the U.S. has extended a monthslong stretch of progress in the fight to slow price increases. The latest price reading is set to arrive within days of a dramatic bout of market turmoil triggered in part by heightened pessimism about the […]

A sign is posted in front of a Chuck E. Cheese pizza restaurant on Dec. 18, 2023 in Hayward, Calif. (Justin Sullivan/Getty Images, FILE) (NEW YORK) — Chuck E. Cheese has just the ticket for parents looking to save some cheddar on family fun outings, thanks to its new membership plans. The Texas-based pizzeria and […]

Krispy Kreme (NEW YORK) — Although the first day of fall is still over a month away on the calendar, food and beverage brands are betting big on their seasonal bestsellers early, rolling out the return of pumpkin spice lattes. For fans of the sweet and spicy aromas of ginger, clove, cinnamon and nutmeg, the […]

Nadija Pavlovic/Getty Images (NEW YORK) — Junk, resort, destination, urban, and amenity fees are pseudonyms for the mandatory, often unexpected surcharges you might find tackled on your hotel bill. According to the Council of Economic Advisers (CEA), these fees cost Americans nearly $3.4 billion annually and despite recent bipartisan efforts by the Biden administration to […]