1+ hour, 7+ min ago  (1722+ words) Why it matters: The last week of May was the Memorial Day holiday, when the Iran-war price spike was near its peak. Chevron stations in California charged an average of $6. 34 a gallon that week " the highest of any brand tracked…...

1+ mon, 1+ week ago  (1786+ words) Why now: In recent weeks, visitors to Walmart's gas stations have begun to fill up with fewer than ten gallons for the first time since 2022, Chief Financial Officer John David Rainey told investors on an earnings call. Walmart executives warned…...

1+ mon, 1+ week ago  (628+ words) Nearly 20 years after founding a successful environmental and safety consulting services company, Robin Thorne said she still gets checked for being a Black woman in the construction industry. "I've had situations where people, they don't even make eye contact, and…...

1+ mon, 3+ week ago  (1694+ words) Why it matters: Consumer prices in April were up 3. 8% from a year ago, according to a report Tuesday from the Labor Department. That was the biggest annual increase since May 2023. The U. S. war with Iran has pushed inflation to its highest…...

4+ mon, 1+ week ago  (433+ words) This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. Los Angeles port leaders say they're. .. Download our app for the optimal…...

2+ mon, 3+ week ago  (1771+ words) Latest numbers: A report from the Labor Department today showed consumer prices in March were up 3. 3% from a year ago. That's the biggest annual increase since May of 2024. Prices jumped 0. 9% between February and March, with higher gasoline prices accounting for…...

3+ mon, 1+ week ago  (1736+ words) Why now: The jobs report was initially set to come out earlier this month, but the government's ability to monitor the job market was hampered by the six-week federal shutdown. Why it matters: Monthly job gains have dropped sharply since…...

7+ mon, 2+ week ago  (383+ words) You value independent local news, so become a sustainer today to power our newsroom. Americans will likely face higher prices on items for their Thanksgiving dinners this year. Turkey, typically the centerpiece of the Thanksgiving meal, will be one of…...

4+ mon, 5+ day ago  (1749+ words) More details: Warsh served on the Fed's governing board from 2006 to 2011 after working as an economic adviser in the George W. Bush administration. He beat out other shortlist contenders for the Fed job, including National Economic Council director Kevin Hassett and…...

5+ mon, 5+ day ago  (454+ words) The Federal Reserve held interest rates steady Wednesday, as expected, despite pressure from President Donald Trump for much lower borrowing costs. The central bank has already cut its benchmark interest rate three times since September, making it cheaper to borrow…...