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Categories Economy

IRS announces Direct File as permanent free tax-filing option starting next year

Author May 31, 2024

The Internal Revenue Service announced Thursday that its experimental Direct File free tax-filing option for simplified tax returns would become a permanent

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Categories Economy

Orange juice prices are going through the roof — forcing some makers to consider alternative fruits

Author May 31, 2024

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Categories Economy

McDonald’s exec says average menu item costs 40% more than in 2019

Author May 31, 2024

A top McDonald’s executive is weighing in on claims that the company has jacked up its prices. Joe Erlinger, president of McDonald’s USA, said in an

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Categories Economy

Inflation pressure lingering from pandemic is keeping Fed rate cuts on pause

Author May 30, 2024

WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks

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Categories Economy

Walgreens announces price cuts on 1,300 items amid ongoing consumer spending fatigue

Author May 30, 2024

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Categories Economy

Weekly mortgage demand drops to three-month low as rates begin climbing again

Author May 30, 2024

After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact on what

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Categories Economy

Why everyone is suddenly talking about Nvidia, the nearly $3 trillion-dollar company fueling the AI revolution

Author May 30, 2024

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Categories Economy

T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal

Author May 30, 2024

Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including the wireless operator’s stores, some of

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Categories Economy

American Eagle profit soars, but sales grow slower than expected

Author May 30, 2024

American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and tweak operations. Still,

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Categories Economy

Stellantis CEO says $25,000 Jeep EV coming to the U.S. ‘very soon’

Author May 30, 2024

Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. “very soon” to better attract mainstream consumers amid slower-than-expected electric vehicle

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