Biden signs bill to boost US chip manufacturing to better compete with China

Biden signed the CHIPS Act, a $280 billion bipartisan bill to increase domestic high-tech manufacturing to boost U.S. competitiveness over China.

Gas prices drop amid wavering consumer demand, AAA says

Gas prices fell last week as consumer demand dropped from last year, and this downward trend could continue in the coming weeks, according to AAA.

Ice cream trucks aren't a thing of the past — but competition is stiff

Ice cream trucks are changing their strategies as they struggle for sales in a much more crowded marketplace, especially with third-party delivery services.

Hyundai subsidiary accused of using child labor at Alabama factory: report

State labor officials began looking into this controversy after a report found children as young as 12 were working at the Alabama facility.

Fed raises interest rates again — here’s how it affects your wallet

The Federal Reserve raised interest rates again at its July meeting, marking its second 75-basis point hike this year. Here's how that affects your wallet.

Gun makers made over $1B from selling AR-15-style guns over past decade, report finds

Firearm company CEOs testified at a congressional hearing that their products are legal and they are horrified by violence but guns themselves aren't to blame.

Spirit, Frontier abandon merger bid, paving way for JetBlue deal

The Frontier offer was worth more than $2.6 billion in cash and stock, far short of JetBlue's all-cash bid of $3.7 billion.

Many borrowers took out student loans anticipating debt forgiveness, survey says

Many student loan borrowers took out loans in recent years with the belief that the Biden administration would cancel student loan debt, a recent survey said.