NEW YORK (AP) — Target’s rollback on diversity, equity and inclusion initiatives is raising questions about the retail giant’s philanthropic commitment to fighting racial disparities and promoting progressive values in liberal Minneapolis, where it is based, and beyond.
Target and the ...
OMAHA, Neb. (AP) — Bird flu is forcing farmers to slaughter millions of chickens a month, pushing U.S. egg prices to more than double their cost in the summer of 2023. And it appears there may be no relief in sight, given the surge in demand as Easter approaches.
The average price per dozen ...
LOS ANGELES (AP) — The latest evidence that homeownership is becoming increasingly less accessible to many Americans: Sales of previously occupied U.S. homes fell last year to a nearly 30-year low for the second time in as many years.
Elevated mortgage rates, a yearslong shortage of homes ...
WASHINGTON (AP) — U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed signs of easing, bolstering hopes that the Federal Reserve could still cut its key interest rate this year.
The consumer price index rose 2.9% in ...
By Christopher Rugaber and
Anne D’Innocenzio
AP Business Writers
American consumers wrapped up the year in a spending mood, buying all sorts of merchandise from furniture to clothing and eating out at restaurants, according to the latest government snapshot.
The figures, announced ...
For many employees, what to do with a 401(k) plan at retirement has been a foregone conclusion: Roll it over.
The opportunity to hang on to assets after employees retire — and in turn keep costs down for the whole plan—isn’t lost on defined-contribution plan advisors. In a 2021 Pimco ...