Tupperware's new CEO and the challenges she faces
Tupperware brought on a new CEO as it tries to turn around its losses. Laurie Goldman comes to the company with having more than three decades of leadership experience.
Buying a house in 2023? Here’s how much is needed to afford the typical US home
Potential homebuyers need to earn over $114,000 to afford the typical U.S. home. That's $40,000 more than what typical U.S. households currently earn.
Gas prices dip lower and could drop more if oil prices hold steady: AAA
Nationwide gas prices dipped on average by eight cents to $3.56 for the week ending Oct. 19, AAA said.
2023 housing market projected to have fewest sales since 2008 as mortgage rates rise
It's turning out to be the worst year for home sales since the housing bubble burst in 2008, according to a new report by real estate brokerage Redfin.
US economy little changed in recent weeks: Fed's Beige Book
Economic activity in the United States was little changed over the last month and a half, according to a Federal Reserve report published on Wednesday.
Housing starts rebound in September despite spike in mortgage rates
Housing starts rose in September after a steep drop the previous month, but new home construction remains at low levels, which could keep prices elevated.
Ford chairman calls for deal to end UAW strike, warns entire US auto industry at stake
Ford Executive Chair Bill Ford called on the United Auto Workers to make a deal to end the union's strike, saying the work stoppage could cripple the entire U.S. auto industry.
Gas prices decline despite Middle Eastern uncertainty: AAA
U.S. gas prices dropped this week due to falling oil prices and tepid demand, according to AAA. However, geopolitical uncertainty in the Middle East could drive up oil prices.
Dollar General shares jump as retailer brings back former CEO
Dollar General announced that it's bringing back its former CEO to help stabilize the business, which has faced several disappointing quarters and labor violations.
US housing market: Expert says ‘all hope is not lost’ for potential homebuyers
The real estate market is still putting pressure on sellers and potential buyers to sit on the sidelines while rates remain elevated. However, buyers might get some reprieve this fall.
Chipotle raising menu prices to offset inflation
Chipotle announced that it will raise prices for the first time in more than a year. The company started to announce menu price hikes in 2021 as operations costs climbed.
Michigan thief used Bluetooth to steal 800 gallons of gas by hacking into pumps, station owner says
A Michigan man allegedly stole 800 gallons of gas from a Shell station using the Bluetooth from a cellphone to hack the pump as prices continue to increase, the station owner said.
Gas prices unseasonably high despite a drop in demand: AAA
Nationwide gas prices dipped on average by only three cents to $3.83 for the week ending Sept. 28, according to AAA.
California gas prices nearing $7 a gallon at some pumps
Fuel prices at some Southern California gas stations rose this week, with the cost of regular nearing $7 a gallon as the pain at the pump continues.
UPS hiring over 100,000 holiday workers
UPS said it's seeking to hire more than 100,000 seasonal workers as it prepares for another holiday shipping season. UPS is enticing workers by offering competitive wages.
Affordability headwinds in the housing market will persist, economists say
Some economists believe the current housing market conditions aren't going to get better any time soon. The current rate on the 30-year fixed mortgage is 7.19%.
Gas prices drop slightly after the Fed's interest rate pause: AAA
Gas prices on average declined slightly after the Fed announced a pause to interest rate hikes. But volatile oil prices could mean uncertainty at the pump. Here’s what you can do.
California gas prices near $6 a gallon
Average gas prices in California are nearing $6 a gallon due to issues at several refineries within the state. There are 14 refineries in California, producing more than 1.6 million barrels per day.
Why a United Auto Workers strike could mean higher car and insurance costs
A United Auto Workers (UAW) union strike on all three automakers could push auto prices and insurance prices up economists said.
Retail trade group urges passage of bill that would reduce credit card 'swipe fees': Here's why
The National Retail Federation has been pleading for Congress to pass the Credit Card Competition Act, even going as far as to launch a six-figure advocacy campaign.