Business

As consumer price growth continued its slowdown in May, some are asking whether it could mean the American economy is on the rebound.  The Bureau of Labor Statistics reported Tuesday that the inflation rate fell…

Bud Light lost its top spot in the U.S. beer market last month, as the brand’s sales sag following a conservative uproar over its partnership with transgender social media influencer Dylan Mulvaney. Constellation Brands’ Modelo led the…

Jurors in federal court have awarded $25.6 million to a former Starbucks regional manager who alleged that she and other white employees were unfairly punished after the high-profile arrests of two Black men at a…

It’s a fighter. Modelo Especial has officially become the bestselling beer in the U.S., surpassing Bud Light among brews purchased at supermarkets and convenience stores. The fact that the Mexican import beat the embattled Bud…

Sen. Richard Blumenthal, D-Conn., on Monday demanded to see records from PGA officials outlining work that ended in the tour’s merger with Saudi Arabia-backed LIV Golf. Blumenthal, chairman of the Senate Permanent Subcommittee on Investigations, said…

Consumer price growth cooled again in May to the lowest level since March 2021, the Bureau of Labor Statistics reported Tuesday. On an annual basis, price growth fell to 4%. Price growth climbed just 0.1%…

Mortgage rates pulled back for the second straight week last week, and it was enough to get both current and potential homeowners on the phone with their lenders. Mortgage application volume rose 7.2% last week,…

With a strike authorization vote underway, union leaders and UPS announced a tentative deal to add air conditioning to the package carrier’s iconic brown delivery vehicles for the first time. “The Teamsters and UPS agreed…

The Federal Reserve said Wednesday it was keeping its key interest rate at about 5% — the first time it has kept the rate steady in more than a year. The reason for the hold:…

Chocolate lovers are in for a bitter pill to swallow — prices of their favorite food are set to rise further on the back of elevated cocoa costs. Chocolate prices have risen by 14% in…