U.S. Economy

JPMorgan analysts in a Wednesday note raised the odds that the U.S. economy slides into a recession this year to 35%, citing easing labor market pressures.

A number of potential homeowners, especially younger generations, are facing a tough choice. Some of them are choosing affordability over their physical safety when looking for a home.

Parents are finding themselves in a bind this summer, forced to have to give up certain necessities like groceries and bills just to afford back-to-school shopping.

Federal Trade Commission Chair Lina Khan is directing the commission to look into what tactics big grocery chains are using to "hike prices and extract profits."

Fast-food workers in California are fighting for another wage increase just a few months after the state implemented a controversial law to boost minimum wages from $16 to $20.

Pharmaceutical giant Roche is "fast-tracking" its own weight-loss pills in clinical trials as it looks to compete with Novo Nordisk's Wegovy and Eli Lilly's Zepbound.

The Employment Policies Institute surveyed restaurants in California to understand the economic impact the fast food minimum wage law has had on the industry.

Southwest Airlines is getting rid of its open seating model for the first time in its history as it tries to boost profits. It did not specify when the changes would take effect.

Amplify Credit Union CEO Kendall Garrison is working with several developers to create tiny home communities to help those looking to save for a down payment.

Americans spend roughly $1,712 annually on gas and would like to see prices drop by 37%, according to a recent American Trucks study.

The national average cost for a gallon of gas fell four cents to $3.50 from the previous week.

While median asking rents have dropped 0.4% in June, with declines across all unit sizes amid mixed regional conditions, renters are still under significant pressure.

California lawmakers proposed a law that would eliminate self-checkout lanes at certain grocers and retailers to combat theft. Retail experts say this will only drive up costs.

Dollar General agreed to pay $12 million as part of a settlement that will ensure a safer environment for across its more than 19,000 stores nationwide.

The flat reading in retail sales last month followed an upwardly revised 0.3% gain in May, the U.S. Commerce Department's Census Bureau said on Tuesday.

Spending during Amazon's Prime Day sales event is expected to reach a record $14 billion, according to new data from Adobe Analytics. Prime Day kicks off on Tuesday.

Maui's economy continues to take a hit almost a year after wildfires devastated portions of the island and killed over 100 people, due to the continued drop in tourism revenue.

Inflation has slowed, thanks to a decrease in the gas index and the energy index.

Rents are increasing around the country. However, Redfin is seeing some relief in several Florida metros, underscoring how the state is bucking this nationwide trend,

First-class mail "Forever" stamps are expected to cost 73 cents each beginning July 14. The price of the stamps had recently increased from 66 to 68 cents in January.