The crude oil tanker Giannis unloads its cargo of Middle Eastern crude at the Motor Oil terminal in Agioi Theodoroi, near Corinth, Greece, on August 24, 2026, following its departure from the United Arab Emirates’ bunkering hub of Fujairah. The tanker is operated by Greece-based Dynacom Tankers Management, a fleet manager whose vessels operate across…
The Miller Library at Colby College in Waterville, Maine. Robert F. Bukaty | AP Over a dozen U.S. colleges now have a sticker price of more than $100,000 a year, but even with soaring price tags, many high-priced schools are under intense economic strain. As the cost ticks higher, tuition revenue has actually fallen, research by the State Higher…
Wage growth for U.S. workers has cooled substantially from the pandemic period while inflation remains elevated, a trend that is adding to economic pressures. Diy13 | Istock | Getty Images Americans face a renewed squeeze on their paychecks as inflation once again rises faster than wage growth, putting further pressure on consumer wallets. “A substantial…
Kurt Kelty, GM’s vice president of battery and sustainability, speaks June 9, 2026, during the automaker’s “Empower” event in which it announced the development of sodium-ion batteries for energy storage systems. Courtesy GM DETROIT — General Motors is in the early stages of developing next-generation battery cells that the company believes can reduce U.S. dependence…
Beef products are offered for sale at a grocery store on Sept. 10, 2026 in Chicago, Illinois. Scott Olson | Getty Images Consumer sentiment plunged in September amid heightened inflation fears, hitting its second lowest level on record on the University of Michigan’s monthly survey released Friday. The survey’s headline index hit a level of…
People shop for groceries at a supermarket in Manhattan on Aug. 25, 2026 in New York City. Angela Weiss | AFP | Getty Images The Social Security cost-of-living adjustment for 2027 may be around 3.5% to 3.6%, according to new estimates based on government inflation data — which would push the annual adjustment to the…
People shop at a Manhattan grocery store on August 13, 2026, in New York City. Spencer Platt | Getty Images The largest ever outbreak of cyclosporiasis in the U.S. has ended, the Centers for Disease Control and Prevention said Friday. The foodborne illness sickened 12,833 people in 21 states in recent months in the largest…
A driver refuels a vehicle with regular gasoline at a Chevron gas station in Miami, Florida, US, on Thursday, Sept. 3, 2026. Zak Bennett/Bloomberg via Getty Images Inflation remained stubbornly high in August — and economists said consumers are likely to continue to feel the financial pain in coming months as tensions flare in the…
Produce is offered for sale at a grocery store on Sept. 10, 2026 in Chicago, Illinois. Scott Olson | Getty Images Prices for a wide swath of goods and services continued to climb in August, according to a report Friday that raises the specter of a Federal Reserve interest rate hike next week. The consumer…
Group of people sitting at a conference table during a late evening meeting and talking. Vm | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Wealthy investors…