Soaring jet fuel prices threaten to drive up summer travel costs

Americans who will be traveling this summer could see the cost of their summer vacations jump due to the spike in jet fuel prices.

Endless Shrimp: Red Lobster brings back deal after 2024 bankruptcy

The new Endless Shrimp promotion started Monday. Red Lobster did not say how much the deal would cost, and prices may vary by location.

Here's where gas prices have increased the most in US

Gas prices are spiking nationwide, with sharp increases hitting every state over the past year. New data reveals where drivers are feeling the biggest jumps.

Meta plans to slash roughly 8,000 jobs next month: report

According to a report, Meta is preparing to cut thousands of jobs as early as next month, with more layoffs expected later this year. Here's what to know.

$50 billion in oil lost in 50 days of Iran war, analysis finds

The war in Iran has shaken up financial markets and the oil industry, so much so that an estimated $50 billion in oil has not been produced globally since the war began, according to a Reuters analysis.

Spirit Airlines faces liquidation risk as Iran war drives up fuel costs

Spirit Airlines is reportedly at risk of liquidation and a total business halt as the war in Iran causes jet fuel prices to surge, threatening its bankruptcy recovery.

Pepsi price cuts drive sales jump: What to know

PepsiCo’s decision to lower prices and cut artificial ingredients has paid off in the first quarter, boosting demand from shoppers.

Check your bill: California just released $520M in automatic utility credits

Gov. Gavin Newsom has announced $520 million in natural gas bill credits for Californians, with plans to shift electric credits to peak summer months.

Transatlantic budget airline scraps all LAX flights amid $200-a-barrel fuel crisis

Norse Atlantic Airways has canceled all LAX summer flights to London, Paris, and Rome due to soaring $200 per barrel jet fuel prices and global supply shortages.

Banks will have to collect citizenship data, Trump administration says

The Trump administration is reportedly preparing an executive order that would require banks to collect citizenship data for new and existing customers.

Starbucks, ChatGPT want AI to help pick your next drink

The scene plays out every day in coffeehouses everywhere. A customer reaches the front of the line and immediately cannot decide what to order. There are so many options: maybe just get the usual, maybe a tea, maybe coffee, maybe a Frappuccino, iced or hot… What is that, something new?

White House study says DEI policies cost US economy by promoting unqualified managers

The White House released a study that found diversity, equity and inclusion (DEI) policies hinder productivity by leading to inefficient management that undercuts economic growth.

Allbirds stock soars as shoemaker announces pivot to AI

Allbirds plans to rebrand as “NewBird AI" and shift from sustainable footwear to artificial intelligence.

US home sales hit 9-month low as rising mortgages, Iran conflict weigh on buyers

U.S. existing home sales fell 3.6% in March to a nine-month low of 3.98 million units, pressured by tight inventory, higher mortgage rates, and labor market concerns.

New report reveals utilities plan $1.4 trillion in spending that may push higher bills for consumers

A massive surge in infrastructure spending by investor-owned utilities is sparking concerns over a looming financial burden for American households' utility bills, according to analysis in a new report.

Owed a lot in taxes? Here's what to do and how to look ahead for next year

Did you owe a lot of taxes this year? Or get a refund much larger than expected? Here’s some tips to avoid surprises (good or bad) next year.