While gas prices are expected to trend lower in 2023, analysts at price-tracking app GasBuddy say a $4 national average over the summer “remains possible.” The...
Retail sales fell 0.6% in November from the previous month, more than expected, as consumers pulled back on spending even as inflation shows signs of easing....
In a sign that inflation could begin easing, the consumer price index rose less than expected in October. Prices measured by the index in October increased...
Uber stock rose more than 11% on Tuesday after it reported its revenue in the third quarter was up 72% over the same period last year....
Amazon on Wednesday reported its “biggest ever” Thanksgiving holiday shopping weekend, though it did not provide exact sales figures. The company said independent sellers generated more...
A record 196.7 million people shopped in stores and online from Thanksgiving Day through Cyber Monday, according to the National Retail Federation. According to the NRF,...
Microsoft informed over 1,000 employees of layoffs on Monday, according to ABC News. The move represents the most recent indication of fragility among some of the...
Beginning early next year, the US economy will start shedding tens of thousands of jobs per month as a result of the Federal Reserve’s battle against...
For the second consecutive quarter, the U.S. economy contracted in the spring, meeting the requirements for a so-called technical recession. The broadest gauge of the products...
According to predictions made by economists, the economy hardly expanded in the second quarter, and some predict that it even shrank. The first quarter’s fall of...