Gas prices heading into the Fourth of July weekend are the highest they’ve been in four years but lower than recent highs, AAA said in a Thursday (July 2) press release. Thursday’s national average was $3.838, which was up from $3.172 a year ago but...
The latest jobs data from the Bureau of Labor Statistics suggests the labor market is cooling gradually. PYMNTS Intelligence finds consumers are already behaving as though the slowdown has arrived. Employers in the United States are continuing to add jobs while hiring remains stuck in...
Robinhood’s CEO says the U.K. should look to the U.S. to increase retail stock ownership. “Think of it as similar to where the US was 30 to 40 years ago,” Vlad Tenev said in a Bloomberg Television interview in London published Thursday (July 2). He cited things like employer-sponsored...
Vehicle sales in the United States have not declined this year as they have during past times of war and economic pressure, Reuters reported Wednesday (July 1). While sales fell after the start of the Iraq war in 2003 and a surge in gas prices...
Celebrating the Fourth of July will be more expensive this year, with the prices of products ranging from beef to strawberries to fuel being higher than they were in 2025. The Wall Street Journal reported Tuesday (June 30) that beef prices will remain at a...
The Bureau of Labor Statistics (BLS) has taken steps to reduce the risk of improper disclosure of data, although there is more the agency can do, the U.S. Department of Labor, Office of the Inspector General (OIG) said Tuesday (June 30). The OIG said this...
DraftKings has launched a proprietary, vertically integrated foundation for its prediction markets experience, DraftKings Predictions, and integrated it into the DraftKings: Sports & Casino app. This proprietary exchange, DKeX, and its integration into the app and will enable DraftKings to innovate more rapidly, the digital sports...
Goldman Sachs has increased its estimate of the share of U.S. jobs that could be displaced by generative artificial intelligence (AI) from the previous 6-7% to over 9%, Seeking Alpha reported Thursday (June 25). That displacement, which would amount to about 15 million workers, could...
Higher incomes are offering households some relief, but rising prices continue to claim a substantial share of those gains. Fresh data released Thursday (June 25) by the Bureau of Economic Analysis showed that personal income, disposable personal income and consumer spending each rose 0.7% in...