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Abbott announced that it had to stop baby formula production less than two weeks after it had resumed at its plant in Sturgis, Michigan. “These torrential...
The Federal Reserve raised interest rates by a staggering 0.75% this week — the largest increase since 1994. Here are 5 ways the rate hike will...
Cryptocurrency exchange Coinbase Global announced that it was laying off approximately 1,100 full-time jobs — about 18% of its workforce. Coinbase CEO and co-founder Brian Armstrong...
Retirees could see a big boost in their Social Security benefits next year. This year, Social Security recipients saw the highest cost of living adjustment in...
Inflation continued to rise last month, setting a new 40-year high as Americans endure skyrocketing prices. The Labor Department said consumer prices rose 8.6% from 12...
As gas prices approach a national average of $5 a gallon, many Americans are looking for ways to save money at the pump. Here are some...
Treasury Secretary Janet Yellen called the current inflation levels in the U.S. “unacceptable.” “We currently face macroeconomic challenges, including unacceptable levels of inflation as well as the...
Some Californians are now paying triple-digits to fill up their tanks. California’s average for regular gas currently sits at $6.34 per gallon, meaning that anyone filling...
The Biden administration announced that it’s canceling $5.8 billion in federal student loan debt for borrowers who attended the now-defunct for-profit Corinthian Colleges chain. “As of...
Tesla CEO Elon Musk told executives he had a “super bad feeling” about the U.S. economy and that the company needed to cut 10 percent of...
