Prices for U.S. consumers grew 3.7% in August compared to a year ago as gasoline prices spiked, according to the Bureau of Labor Statistics. Inflation was about equal to expert projections, and prices rose at…
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Business
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A combination of inflation and climbing interest rates seems to be stretching consumers’ balance sheets, but it’s not clear yet whether they’re getting to a breaking point. Newly released data from WalletHub says U.S. consumers…
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The blackout fight between cable giant Charter Communications and Disney is over. Hours ahead of “Monday Night Football,” which airs on Disney’s ESPN, the companies reached a deal that would allow millions of Charter cable customers to watch the game, CNBC’s…
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Jelly maker J.M. Smucker is buying Twinkie owner Hostess Brands for $5.6 billion, or $34.25 a share. Hostess shareholders will receive $30 in cash and .03002 shares of Smucker’s stock for each share of Hostess that they owned. Smucker…
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The latest inflation report from the Bureau of Labor Statistics will land Wednesday morning, and it’s expected to show consumer prices grew at a steady pace in August. Economists expect the data to show a…
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Say goodbye to refilling that Coke. McDonald’s is getting rid of self-served soda. The Chicago-based fast food chain plans to eliminate self-service soda machines at its U.S. restaurants by 2032, McDonald’s confirmed this week. It’s…
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Disney on Thursday amended its federal lawsuit against Florida Gov. Ron DeSantis to focus solely on its First Amendment claim that the governor politically retaliated against the company. Disney last week had asked to drop its…
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Members of the United Auto Workers may be out on strike in less than a week if the union doesn’t reach an agreement on a new contract with Ford, General Motors and Chrysler-maker Stellantis by…
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The United Auto Workers are getting down to the wire in negotiations with the “Big Three” U.S. automakers — General Motors, Ford and Chrysler maker Stellantis — over a new labor contract for around 146,000…
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It was around 2 p.m. Thursday when Adam Blackbill realized he wasn’t getting sales reports from his three ice cream shops. Blackbill has used Square to accept payments for his central Pennsylvania business, Urban Churn,…