A leading measure of US wage growth is finally accelerating after a long period of stagnation, and consumer spending is showing small signs of life. But increasingly, instead of spending that extra money, Americans are saving and paying down debts.
Tyson Foods announced Tuesday that it would phase out the use of human antibiotics from its chicken supply by 2017, as the poultry industry at large shifts away from the practice.
Existing home sales in the US surged a surprising 6.1 percent in March to a 5.19 million annualized pace, according to the National Association of Realtors (NAR). It was the best monthly performance for existing home sales in a year and a half.
Blue Bell Ice Cream is expanding an earlier recall to include all of its products due to a listeria outbreak that has been linked to several sicknesses and at least five deaths. The recall affects Blue Bell products sold in 23 states and some international markets.
Millennials are more optimistic about their finances than any other age group, according to a recent survey, despite weathering a student debt crisis and the worse recession in 80 years to start their young working lives. Millennials reported more confidence in their job security and savings than other age groups.
Low-wage workers in more than 230 cities kicked off a fresh round of strikes on Tax Day in what organizers say is the 'Fight for $15's biggest protest to date. Just around the corner, however, the Fight for $15 faces a big test of its political clout: the 2016 election cycle.
Retail sales increased 0.9 percent in March after three straight months of declines, according to the Commerce Department. The rebound in retail sales suggests the economy may be pulling out of the soft patch that began the year.
Sabra Dipping Co. will recall 30,000 cases of its Classic Hummus due to possible listeria contamination. The Sabra hummus recall affects products sold in retail outlets and supermarkets nationwide.
Fifty-two percent of Americans don’t have any holdings in the stock market, according to a Bankrate survey released Thursday. Lack of funds is the main reason, but many Americans still say the stock market is ‘too risky.’
The economy added just 126,000 jobs last month, a far cry from the 248,000 economists were expecting, the Labor Department reported Friday. Harsh winter and tumbling oil prices, which have hampered other parts of the economy, finally caught up with the job market in March.
Arkansas governor Asa Hutchinson asked state lawmakers Wednesday to rework or recall a religious freedom bill similar to the inflammatory religious freedom legislation signed in Indiana last week. Arkansas’ business interests, including Wal-Mart, came out in force against the bill earlier this week.
Consumer spending rose just 0.1 percent in February, the Commerce Department reported Monday. A harsh winter helped put a damper on consumer spending, but so did higher gas prices and consumers choosing to boost their savings or pay down debt rather than go shopping.
Kraft and Heinz confirmed Wednesday that they would join forces to form the third-largest food and beverage company in the US. The $40 billion deal between Kraft and Heinz is just the latest in a series of big-ticket consolidations among America's biggest food brands.
Amy’s Kitchen, the popular natural foods brand, and grocery chain Wegmans are recalling thousands of products containing spinach that may be contaminated with listeria. So far, no illnesses have been linked to either the Wegmans or Amy's Kitchen recalls.
Florida doesn’t even crack the top 20 of a new survey ranking the best states for retirement. Instead, head west for the most retirement-friendly states, including Colorado, Montana, and Wyoming. Which state topped the list?
Kraft said it will recall 242,000 boxes of its popular Macaroni & Cheese dinners that may contain pieces of metal. Consumers affected by the Kraft Macaroni & Cheese recall should return the items to the store for an exchange or a full refund.