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News
U.S. economy turns in sluggish 1.5% second-quarter growth and inflation remains above Fed target
1+ mon, 2+ week ago (241+ words) The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth. But consumer spending rose. And the Federal Reserve's favored measure of inflation grew more slowly last month, but remained above the central bank's…...
Trump Slammed Over $3.3M Fine for Egg Producers: 'One Company Made $1.2B in Profit"
1+ mon, 2+ week ago (443+ words) Trump Slammed Over $3.3M Fine for Egg Producers: 'One Company Made $1.2B in Profit' inkl Trump Slammed Over $3.3M Fine for Egg Producers: 'One Company Made $1.2B in Profit' President Donald Trump's administration is facing criticism after the US Department of Justice announced that…...
A Record $7.9 Trillion Is Sitting in Cash. Citi Warns Inflation Is Making It Bleed Value.
2+ mon, 1+ week ago (430+ words) Americans holding large amounts of cash in savings accounts and money market funds may be losing purchasing power faster than they realize, according to Citi Wealth, which is urging investors to rethink oversized cash positions as inflation outpaces the returns…...
Apple CEO Says Price Rise of Its Products Due to the Rise of Chip Costs Are 'Unavoidable"
2+ mon, 3+ week ago (409+ words) Apple customers may soon face higher prices for iPhones, Macs, iPads, and other devices as the company grapples with rising memory chip costs fueled by the artificial intelligence boom. In an interview with The Wall Street Journal, Apple CEO Tim…...
Why More Retirees Are Going Back to Work — and the 4…
3+ mon, 2+ day ago (696+ words) Rising living costs are reshaping what retirement looks like for millions of Americans — and for many, it now includes going back to work. In fact, according to a March Indeed Flex survey, almost 30% of retirees are considering part time or…...
5 Grocery Costs Quietly Hitting Seniors Hardest Before Summer — From Meat Prices to Digital Coupon Barriers
3+ mon, 2+ week ago (727+ words) inkl 5 Grocery Costs Quietly Hitting Seniors Hardest Before Summer — From Meat Prices to Digital Coupon Barriers Many older Americans are walking out of grocery stores lately, wondering how a few basic items suddenly cost so much more than expected. Even…...
Bread and pasta prices to stay high as UK households feel pinch from Iran war
3+ mon, 2+ week ago (755+ words) British households face persistently high prices for essential food items such as bread and pasta, with a new report attributing the long-term trend to ongoing global events like the Middle East crisis and the El Nino weather pattern. Analysis from…...
Trump Adviser Says Record-Low Consumer Sentiment Is Basically POTUS' Fault for Caring Too Much
4+ mon, 2+ day ago (558+ words) Inkl Trump Adviser Says Record-Low Consumer Sentiment Is Basically POTUS' Fault for Caring Too Much White House National Economic Council Director Kevin Hassett has offered a striking explanation for why American consumer confidence has fallen to its lowest point since…...
'Out of Touch' Starbucks CEO Tells Struggling Consumers to View $9 Lattes as an Affordable Luxury for the 'Experience"
4+ mon, 1+ week ago (414+ words) Starbucks CEO Brian Niccol has sparked a viral firestorm after defending the $9 coffee as a 'splurge' that customers should value for its unique experience. During a pivotal second-quarter earnings call on Tuesday, 28 April 2026, the chief executive admitted that spending nine…...
8 Places by the Water Where You Can Retire on $2.5K a Month
5+ mon, 1+ week ago (498+ words) Waterfront retirement might feel out of reach for retirees on a budget, but there are still places where ocean views or riverside living are affordable. According to AARP, nearly two-thirds of adults rely substantially on Social Security in retirement. For…...