Travel expert warns pilot shortage crisis will get 'bigger and bigger'
The Points Guy founder and CEO Brian Kelly said "When they (airlines) don't have enough pilots, there's less flights, and less flights means more expensive flights."
6 months in, Biden's infrastructure plan has 4,300 projects
The Biden administration announced $110 billion for the projects will be used for federal highways, public transit, bridges, safety, and airports. This news comes months after President Joe Biden signed the $1 trillion infrastructure bill into law.
Inflation gave most Americans a 2.6% wage cut in April
The typical US worker is worse off today than they were a year ago due to inflation.
Abbott says it will be at least two months before baby formula from shuttered plant hits shelves
The baby formula shortage continues to get worse.
Baby formula shortage: Which foods and techniques boost breast milk production?
Baby formula is the latest staple to be hit by supply chain shortages in the U.S.
Biden sees a bigger role for US farms due to Ukraine war
President Biden vowed to help farmers try to ease a global spike in food prices as he visited a family farm and unrolled policies meant to increase harvests in ways that the administration believes could also help to reduce grocery bills at home.
US inflation hit 8.3% in April but slows from 40-year high
Consumer prices jumped 8.3% last month from 12 months earlier, the Labor Department said Wednesday.
Here's how much more you'll be paying for food in 2022, according to USDA estimates
The USDA’s Food Price Outlook estimates that prices at the grocery store will increase by 5%-6% in 2022. Overall, food prices were 8.8% higher in March 2022, compared to a year prior.
How credit card swipe fees are hitting consumers
The average family already spends an additional $900 from added swipe fees.
Pediatrician's plea to parents: Do NOT make your own baby formula
Amid today's baby formula shortage, Dr. Sarah Adams of Akron Children's Hospital in Ohio warned parents away from homemade options.
Robocalls have increased by millions in recent months
Robocalls jumped by over 600 million from February to March, YouMail tracker found
April 2022 jobs report: US added 428,000 jobs despite surging inflation
America’s employers added 428,000 jobs in April 2022 and hiring kept the unemployment rate at 3.6%.
Fed raises interest rates by half-point, the most since 2000
The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.
Biden highlights deficit progress to counter criticism on US economy
The president is placing a renewed emphasis on reducing the deficit — which is the gap between what the nation spends and what it takes in — in order to blunt Republican criticism.
Price of diesel hits all-time high, straining the trucking industry
A gallon of diesel hit $5.296 on Sunday, according to AAA.
What is a recession, and should Americans be worried?
Recessions are notoriously hard to predict – but here's what to know about them
Fuel prices: How they impact the 2022 boating season
Over the past two years, demand for boat slips has 'gone up considerably.'
Walmart offering new truckers starting salary of up to $110,000
Walmart truck drivers could previously make an average of $87,500 in their first year
Deutsche Bank predicts US recession in 2023 due to Fed rate hikes
Deutsche Bank is the first major financial institution to predict a recession due to rising inflation and the Federal Reserve's hawkish plan to tame it.
Biden ‘has not ruled out’ canceling student loan debts, White House says
Press Secretary Jen Psaki made the comment the same day the Biden administration announced plans to freeze federal student loan payments through Aug. 31