Bank of America to raise minimum wage to $22 an hour

It’s part of the bank’s phased approach to raising its minimum wage to $25 an hour by 2025.

The best, worst states for millennial wallets in 2022: Report

WalletHub compared all 50 U.S. states and the District of Columbia to determine where millennials have thrived and struggled.

Starbucks leaving Russian market, closing 130 stores

Starbucks said Monday it decided to close its 130 stores and no longer have a brand presence in Russia.

Baby formula shortage: 78,000 pounds of formula arrives in US

The flight was the first of several to provide “some incremental relief in the coming days” as the government tries to address a critical baby formula shortage.

World has 10-week supply of wheat, expert tells UN Security Council: ‘This is seismic’

“Without aggressive global actions, we stand the risk of an extraordinary amount of human suffering and economic damage," a food insecurity expert told the UN Security Council this week.

House approves bill to take aim at gasoline 'price gouging'

A bill backed by House Democrats would give President Joe Biden authority to declare an energy emergency and ban excessive or exploitative fuel prices.

Gas prices could surpass $6 nationwide by August, JPMorgan says

With gas prices hitting new records nearly every day, some analysts are projecting that the national average could surge past $6 per gallon by the end of the summer.

Nestle flies baby formula to US from Europe to ease shortage

Nestle is shipping Gerber baby formula from the Netherlands and Alfamino formula from Switzerland to the United States to help with a formula shortage crisis that has left parents struggling to find supplies in stores.

Wendy's, McDonald's lawsuit claims burger ads mislead consumers on patty sizes

Attorney James C. Kelly told FOX Business, 'There is no good reason why Wendy’s and McDonald’s should be allowed to use trickery in their advertising.'