Gas prices hold steady despite market turmoil: AAA

The national average cost for a gallon of gas held steady at $3.46, even as oil prices plunged to levels not seen since August 2021, AAA said.

First Republic receives $30-billion rescue from 11 large banks

Meanwhile, Treasury Secretary Janet Yellen is firmly reassuring Congress and the nation that the U.S. banking system remains sound.

Ikea recalls over 22K mirrors due to laceration hazard

Ikea is recalling more than 22,000 mirrors that could fall and pose a laceration hazard to customers, according to federal safety regulators. 

T-Mobile acquires Ryan Reynold's Mint Mobile in $1.35 billion deal

“I never dreamt I’d own a wireless company and I certainly never dreamt I’d sell it to T-Mobile." Reynolds said in a tweet.

Nike to end sales of kangaroo-based sneakers

Nike is launching a new soccer shoe this summer featuring a material that replaces the use of kangaroo leather.

Honda to recall 500,000 vehicles to repair seat belt issue

The recalls involve some of Honda’s top-selling cars, including the 2017 through 2020 CR-V, the 2018 and 2019 Accord, the 2018 through 2020 Odyssey, and the 2019 Insight.

Most seniors say the US is suffering a retirement crisis and many are struggling to save: Survey

Eighty-nine percent of seniors said they are worried that the U.S. is in the grip of a retirement crisis and nearly half are struggling to build their savings, according to American Advisors Group's (AAG) recent survey.

2 failed banks, February inflation remaining high put Fed in tough spot

The government reported Tuesday that February prices were still elevated, which could drive another interest rate hike. But the collapse of two banks in recent days has the potential to stop it.

Facebook parent Meta to lay off 10K workers

Facebook-parent Meta is slashing another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs.