Tips to save money as gas prices soar

Gas prices are expected to surge above $3 a gallon, just in time for the busy summer driving season. But there are several ways drivers can keep their fuel spending in check. AAA estimates that consumers will pay the highest Memorial Day gas prices since 2014. The national average for regular gasoline has risen to…

Sears to close 72 stores in near future

Sears Holdings has identified approximately 100 non-profitable stores and will close 72 of them in the near future. The stores destined for closure have not yet been revealed, but the company said it would identify them by mid-day. The company said that it came to the decision as part of their ongoing efforts to streamline…

China tariffs could undermine US-North Korea progress

The proposed U.S. tariffs on more than 1,300 Chinese products could turn the rising tensions between Washington and Beijing into more of a geopolitical than economic issue and undermine progress with North Korea. President Donald Trump’s administration published on Tuesday a proposed list of imported Chinese products that could face additional tariffs, which it said…

Nearly 51 Million Americans to Travel This Thanksgiving, Highest Volume in a Dozen Years

AAA projects 50.9 million Americans will journey 50 miles or more away from home this Thanksgiving, a 3.3 percent increase over last year. The 2017 holiday weekend will see the highest Thanksgiving travel volume since 2005 with 1.6 million more people taking to the nation’s roads, skies, rails and waterways compared with last year. AAA…

Mass Layoffs Coming to ESPN

ESPN will lay off more than 100 employees later this month, according to a Thursday report in Sports Illustrated. The layoffs will affect a wide range of staffers, from on-camera personalities to employees in the technology department, but SportsCenter will be the hardest hit, SI reports. This isn’t the first time the network has had…

KEEPING HIS WORD: Trump Reaches Deal With Carrier to Keep 1,000 Jobs in US

President-elect Donald Trump seems to already be making good on his campaign promise to work to keep manufacturing jobs in the United States. His incoming administration and United Technologies (UTX) reached an agreement that will keep roughly 1,000 jobs at Carrier Corporation in Indiana. Carrier, owned by UTX, had plans to move production from a…

U.S. Housing Starts Surge to 9-Year High in October

U.S. housing starts surged to a more than nine-year high in October as builders ramped up construction of both single and multifamily homes, offering hope that housing will contribute to economic growth in the fourth quarter. Groundbreaking jumped 25.5 percent to a seasonally adjusted annual pace of 1.32 million units, the highest level since August 2007, the Commerce Department said…