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FTC sues to block $4B merger of mattress firms
The Federal Trade Commission voted to file a lawsuit to block the proposed $4 billion merger between Tempur Sealy and Mattress Firm over concerns about its competitive impact.
'Boommate' boom: How baby boomers living like 'The Golden Girls' are curbing loneliness and cost burdens
Baby boomers are living like "The Golden Girls" with the new "Boommate" trend as they rent empty rooms in their homes to others looking for an affordable place to stay.
Fed's Powell: Prices are ‘back on disinflationary path,’ but more confidence is needed
Federal Reserve Chair Jerome Powell said Tuesday during a central bank forum in Portugal that recent inflation readings show "quite a bit of progress."
Tesla's 2nd quarter deliveries better than expected
Elon Musk's Tesla said it completed 443,956 vehicle deliveries during the quarter. That marked a nearly 4.8% decline year-over-year but was better than expected.
Six Flags merges with Cedar Fair to become largest amusement park operator in North America
Six Flags Entertainment Corporation is now the "largest" theme park operator in North America following its merger with Cedar Fair Entertainment Company.
Average Americans feel they need to earn a big six-figure salary to make ends meet, survey reveals
Bankrate's latest installment of its annual Financial Freedom Survey indicated most Americans feel they need over $186K to live comfortably.
Car dealership losses from CDK software outage could soon reach $1 billion, study finds
Cyber incidents at software provider CDK Global from mid-June have left car dealerships across the US with suspended operations, with losses in the hundreds of millions of dollars.
Prescription drug prices have surged almost 40% over the past decade
New data published by GoodRx shows the cost of prescription drugs has surged 37% over the past decade, posing a "significant burden" to many Americans.
Court blocks Biden admin's ban on new LNG exports
A federal judge in Louisiana granted a motion by energy-producing states to pause the Biden administration's ban on new LNG export projects due to its impact on those states' economies.
National Debt Tracker: American taxpayers (you) are now on the hook for $34,831,634,431,393.47 as of 7/1/24
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.