Economy

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Major health insurers scale back Medicare Advantage plans for 2026

Leading health insurers announced Wednesday that they will scale back their Medicare Advantage offerings next year…

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Drought drives cattle inventory to 1951 lows, beef prices surge

Beef prices are at a record high in the wake of a drought that left…

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New car affordability issues persist despite lower down payments

Car shoppers are facing affordability challenges in the market for new vehicles despite average down…

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Chicago Fed chief concerned about tariffs leading to persistent inflation

On Tuesday, Federal Reserve Bank of Chicago President Austan Goolsbee warned about rising inflation and…

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American Airlines flight aborts takeoff at LAX due to runway incident

Passengers aboard an American Airlines jet headed from California to Massachusetts were delayed Sunday after…

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Private sector sheds 32,000 jobs in September: ADP

Companies in the private sector lost 32,000 jobs in June, payroll processing firm ADP said…

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Nearly 100 sickened by norovirus on Royal Caribbean’s Serenade of Seas

Royal Caribbean International is grappling with a norovirus outbreak that has sickened nearly 100 people…

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Fed’s Goolsbee warns of impact a shutdown could have on economic data releases

Chicago Federal Reserve President Austan Goolsbee said Tuesday the central bank will look at alternate…

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Experts predict minimal economic impact from potential government shutdown

A partial shutdown of the federal government may begin at midnight barring action by Congress…

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NYC’s financial services industry shrinking, data shows

New York's status as the U.S. economy's leading financial hub could be slipping as a leading…

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