The 14% burger tax: The impact of BBQ price increases on your budget this summer
Inflation Hits Summer Barbecues Hard This weekend, many Americans looking to enjoy a barbecue might be in for a surprise before the grilling even begins. With inflation tightening its grip on household budgets, a recent report from Wells Fargo reveals that the average cost for hosting a typical summer barbecue for 10 people is around […]
May 2026 CPI inflation: Report indicates consumer prices increased last month
Our morning panel with Maria discussed market trends, the ramifications of the Iranian conflict, and the landscape of investing in government-supported companies. This article on the May 2026 Consumer Price Index (CPI) Inflation Report is presently being developed and will have updates added soon. Inflation trends The announcement made in May highlights that U.S. consumers […]
Kia recalls more than 6,000 Telluride SUVs due to potential seatbelt failure and injury risk
Kia Motors Issues Recall for Over 6,000 Vehicles Kia Motors is recalling more than 6,000 vehicles due to issues with seatbelts that could heighten the risk of injury during a crash. According to a notice from the National Highway Traffic Safety Administration, this recall pertains to 6,264 2027 Kia Telluride and Kia Telluride Hybrid models. […]
AI accounts for 40% of job losses in the US in May as companies eliminate 97,000 positions
Increasing Layoffs Linked to AI Adoption in the U.S. Recent data shows that U.S. employers ramped up layoffs in May, with the primary reason being the deployment of artificial intelligence (AI). A report from Challenger, Gray & Christmas, an executive coaching and outplacement firm, indicated that a total of 97,006 job cuts were announced in […]
Federal Reserve survey indicates consumer outlook is at its lowest point since 2022.
Barry Knapp criticizes the outdated Federal Reserve model and urges Warsh to reconsider advantages given to major tech companies. There’s a growing sense of financial strain among American households. According to the New York Fed’s recent monthly consumer expectations survey, consumer pessimism has reached significant lows. In May, 13.3% of U.S. households reported feeling “much […]
Gas-X recalled due to machine coolant contamination in capsules, according to the FDA.
The Food and Drug Administration has announced a recall of Gas-X capsules sold throughout the United States. This action is taking place because of potential chemical contamination that may have occurred due to mechanical issues during the packaging process. Last week, Haleon voluntarily initiated the recall after discovering that the product could be contaminated with […]
American Airlines halts 6 routes due to rising fuel expenses linked to the Iran conflict.
American Airlines Temporarily Suspends Six Domestic Routes American Airlines is putting a hold on six domestic routes this summer, citing soaring fuel costs as a significant factor. This decision reflects ongoing pressures facing airlines amid global conflicts impacting the aviation sector. The airline clarified that these suspensions will take place in August and September, emphasizing […]
Texas replaces California as the leading state for Fortune 500 headquarters
Texas Surges Ahead in Fortune 500 Rankings Jennifer Wauhob, Chair of the Texas Realtors Board, spoke to Fox News Digital about the impressive growth Texas has seen lately, suggesting it’s generating positive outcomes for the state. Changing economic dynamics are at play, as Texas has recently overtaken California as the primary hub for Fortune 500 […]
Fed Beige Book reports rising inflation in most areas due to energy costs
Gene Goldman, the chief investment officer at Cetera, shared insights on current market optimism during an appearance on “The Claman Countdown.” He suggested that diversifying investments into technology and healthcare sectors could be beneficial. This comes in light of a recent Federal Reserve report, which indicated that climbing energy prices are contributing to rising inflation, […]
CEOs indicate job cuts and waning confidence as the economic forecast worsens in 2026
JPMorgan Chase’s CEO, Jamie Dimon, recently discussed the stock market’s rally, inflation concerns, and his “cautiously pessimistic” perspective on the economy during an appearance on “Mornings with Maria.” Business leaders in the U.S. seem to be losing confidence in the country’s economic outlook. This sentiment has shifted dramatically from being optimistic to quite pessimistic in […]