Confidence of US home builders plunges in July as rising costs slow sales

U.S. homebuilder confidence for single-family homes posted its seventh straight monthly decline in July, another sign of a weakening housing market.

Semiconductor shortage is chipping away at car safety features

Automakers struggling to build vehicles during the supply crisis of these essential components have had to remove a variety of electronic features from their vehicles to keep the assembly lines moving over the past two years.

US inflation reached 9.1% in June, a new 40-year high

U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.

Inflation, expenses rise sharply as priorities for most Americans, poll finds

Most Americans expressed little confidence in Republicans and Democrats to focus on issues important to them or an ability to work together and get things done.

US employers add a solid 372,000 jobs in sign of resilience

America’s employers shrugged off high inflation and weakening growth to add 372,000 jobs in June, a surprisingly strong gain that will likely spur the Federal Reserve to keep sharply raising interest rates.

Why hurricane season could put an end to falling gas prices

Relief at the gas pump could be short-lived if hurricane outlooks are accurate, and at least one of the monster storms impacts a major oil production zone.

Gas prices continue to drop in Florida

The average price of a gallon of unleaded regular gasoline in Florida was $4.54 on Tuesday, down a dime from a week earlier and down 22 cents from a month earlier, according to the AAA auto club.

Electric vehicle battery myths v. facts: The debate over ‘green’

As demand for electric vehicles grows, innovation follows and companies are looking at more environmentally friendly options when it comes to the controversial manufacturing of EV batteries.

How families are handling the end of pandemic-era free school meals

The pandemic-era federal aid that made school meals available for free to all public school students — regardless of family income levels — is ending, raising fears about the effects in the upcoming school year for families already struggling with rising food and fuel costs.

Analysts: Bed Bath & Beyond stores turned down air conditioning to save money

Bed Bath & Beyond is being accused of turning off the air conditioning in stores in an effort to cut costs as the retailer grapples with a significant drop in sales.