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News
More than 280,000 eggs delivered to Foodlink as part of price fixing settlement
1+ hour, 19+ min ago (208+ words) More than 280,000 eggs have been delivered to Foodlink in Rochester as part of a settlement with multiple distributors. New York Attorney General Letitia James says as early as 2022, the companies Cal-Maine, Versova and Hickman's secretly coordinated bidding strategies to influence…...
Back-to-school shoppers expect higher prices this year, data shows
2+ day, 14+ hour ago (371+ words) TEXAS — It’s almost back-to-school time, and most parents are expecting higher costs than normal, according to a recent national survey. Some Houston-area parents discussed their shopping plans, and an expert shared some recommendations for Texas back-to-school shoppers. “Prices have gone…...
Tsunami Lab Graduates First Cohort of Entrepreneurs
3+ day, 3+ min ago (452+ words) KALAMAZOO, Mich. — A Kalamazoo-based program working to prevent a wave of small business closures has reached a major milestone, graduating its first cohort of 13 entrepreneurs trained to acquire and carry forward legacy businesses from retiring baby boomers. Tsunami Lab, an…...
U.S. economy grows a sluggish 1.5% in second quarter
1+ week, 34+ min ago (368+ words) Growth in U.S. gross domestic product — the nation's output of goods and services — decelerated from 2.1% in the first three months of 2026, the Commerce Department reported Thursday, coming in below economists' expectations. But consumer spending — which accounts for about 70% of U.S....
U.S. economy turns in sluggish 1.5% second-quarter growth
1+ week, 34+ min ago (237+ words) WASHINGTON — The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth. But consumer spending rose. And the Federal Reserve's favored measure of inflation grew more slowly last month, but remained above the…...
Federal Reserve expected to keep rates unchanged for now despite high prices
1+ week, 1+ day ago (611+ words) WASHINGTON — Federal Reserve policymakers are losing patience with inflation, but they may not be ready to turn their frustration into action -- not this week anyway. Meeting in Washington Tuesday and Wednesday, the Fed is expected to keep its benchmark interest…...
Warsh tells Congress the Fed has 'no tolerance' for high inflation
3+ week, 1+ day ago (784+ words) WASHINGTON — Federal Reserve Chair Kevin Warsh said Tuesday that the Fed will make high inflation "a thing of the past," yet he provided no signal about the central bank's next steps. Fed policymakers "have no tolerance for persistently elevated inflation,…...
Falling gas prices cut inflation last month; renewal of war could limit progress
3+ week, 2+ day ago (740+ words) WASHINGTON — U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also cooled more than expected. Prices dropped 0.4% in June from May, the largest monthly drop…...
Texas' housing outlook so far in 2026
4+ week, 2+ day ago (222+ words) TEXAS — It's one of the housing market's busiest seasons, with late spring and early summer making up roughly 30% of the state’s annual home sales, according to the Texas A&M Real Estate Research Center. Data shows some areas are seeing…...
U.S. hiring fell to just 57,000 in June amid elevated inflation, global turmoil
1+ mon, 4+ day ago (540+ words) WASHINGTON — U.S. employers slowed hiring last month and added only 57,000 jobs, less than half the previous month's total and a sign companies still have a cautious economic outlook. The Labor Department said Thursday that the unemployment rate declined to a…...