DOJ confirms antitrust probe of major meatpackers over beef price inflation
The Justice Department confirmed its active investigation of potential antitrust violations in U.S. cattle and beef markets, reviewing more than 3 million documents and interviewing industry participants as federal officials scrutinize whether highly concentrated meatpacking power has contributed to high beef prices.
The Justice Department confirmed its active investigation of potential antitrust violations in U.S. cattle and beef markets, reviewing more than 3 million documents and interviewing industry participants as federal officials scrutinize whether highly concentrated meatpacking power has contributed to high beef prices.
US restaurant sales fall as Iran war drives up gas prices
With pain at the gas pump reaching new highs due to U.S.-Iran tensions, many consumers are pulling back on dining out. Major restaurant brands report falling revenue as households pivot to cost-saving measures to offset rising daily expenses.
With pain at the gas pump reaching new highs due to U.S.-Iran tensions, many consumers are pulling back on dining out. Major restaurant brands report falling revenue as households pivot to cost-saving measures to offset rising daily expenses.
GameStop makes $56 billion bid to buy eBay
GameStop launched a bid to purchase eBay in a proposed merger CEO Ryan Cohen believes can transform the companies into a major competitor for Amazon.
GameStop launched a bid to purchase eBay in a proposed merger CEO Ryan Cohen believes can transform the companies into a major competitor for Amazon.
Oil market eyes Trump's Strait of Hormuz aid plan
We are watching as tensions over the Strait of Hormuz continue to send oil prices climbing. This comes as President Donald Trump announces a plan to help ships that are stranded inside the vital waterway in the Persian Gulf. Last week, Energy Secretary Chris Wright did not show too much optimism when asked if gasoline prices in the U.S. will return to the $3 per gallon level anytime soon. LiveNOW’s Shawna Khalafi is speaking with independent oil analyst and keynote speaker Tom Kloza as the oil market is set to react to Trump’s new plan.
We are watching as tensions over the Strait of Hormuz continue to send oil prices climbing. This comes as President Donald Trump announces a plan to help ships that are stranded inside the vital waterway in the Persian Gulf. Last week, Energy Secretary Chris Wright did not show too much optimism when asked if gasoline prices in the U.S. will return to the $3 per gallon level anytime soon. LiveNOW’s Shawna Khalafi is speaking with independent oil analyst and keynote speaker Tom Kloza as the oil market is set to react to Trump’s new plan.
Sony PlayStation lawsuit: Gamers may qualify for $7.85M settlement — What to know
Sony Interactive Entertainment has agreed to a proposed $7.85 million settlement in a class action lawsuit alleging it inflated prices for digital games.
Sony Interactive Entertainment has agreed to a proposed $7.85 million settlement in a class action lawsuit alleging it inflated prices for digital games.
Powell to remain at Fed, setting up clash with Trump
We watched last week as the Federal Reserve held its benchmark interest rate at 3.6% for a third straight meeting. This comes as Chair Jerome Powell will reportedly step down from his leadership role when his term ends May 15, though he will remain on the Fed’s board, potentially creating tensions as a new chair takes over. Speaking with LiveNOW’s Shawna Khalafi about the possibility of tensions continuing to grow at the Fed is Christopher Rugaber with The Associated Press.
We watched last week as the Federal Reserve held its benchmark interest rate at 3.6% for a third straight meeting. This comes as Chair Jerome Powell will reportedly step down from his leadership role when his term ends May 15, though he will remain on the Fed’s board, potentially creating tensions as a new chair takes over. Speaking with LiveNOW’s Shawna Khalafi about the possibility of tensions continuing to grow at the Fed is Christopher Rugaber with The Associated Press.
Clinique and M.A.C.-owner Estée Lauder to cut 3,000 more jobs, mainly at its stores
Estée Lauder revealed this week thousands of more job cuts are in the works as the company continues its restructuring effort. The announcement came Friday as the company also increased its annual profit forecast, sending shares higher in pre-market trading.
Estée Lauder revealed this week thousands of more job cuts are in the works as the company continues its restructuring effort. The announcement came Friday as the company also increased its annual profit forecast, sending shares higher in pre-market trading.
Federal minimum wage could reach $25: What to know
A coalition of more than 100 labor, civil rights, and advocacy groups is backing new federal legislation to raise the minimum wage to $25 an hour.
A coalition of more than 100 labor, civil rights, and advocacy groups is backing new federal legislation to raise the minimum wage to $25 an hour.
National Nurses Week 2026: Deals and discounts
Some restaurants are offering deals and freebies to celebrate National Nurses Week, which runs May 6-12.
Some restaurants are offering deals and freebies to celebrate National Nurses Week, which runs May 6-12.
Tens of millions of taxpayers may be owed IRS refunds from COVID-era
Tens of millions of American taxpayers may be entitled to refunds or reduced penalties and interest due to delayed filing deadlines during the COVID-19 emergency declaration.
Tens of millions of American taxpayers may be entitled to refunds or reduced penalties and interest due to delayed filing deadlines during the COVID-19 emergency declaration.
National Teacher Appreciation Week 2026 deals and discounts
Teacher Appreciation Week is May 4-8. Retailers and restaurants across the country are offering discounts, freebies, and special promotions for educators.
Teacher Appreciation Week is May 4-8. Retailers and restaurants across the country are offering discounts, freebies, and special promotions for educators.
Trump says he will impose 25% automobile tariff on EU
AIER's Paul Mueller joins LiveNOW's Alexandra Goldberg to discuss President Trump's announcement that the U.S. will impose a 25 percent tariff on automobiles from the European Union.
AIER's Paul Mueller joins LiveNOW's Alexandra Goldberg to discuss President Trump's announcement that the U.S. will impose a 25 percent tariff on automobiles from the European Union.
US national debt surpasses size of the economy for first time since World War II
The U.S. national debt has now surpassed the size of the U.S. economy, a historic threshold that hasn't been crossed since the conclusion of World War II.
The U.S. national debt has now surpassed the size of the U.S. economy, a historic threshold that hasn't been crossed since the conclusion of World War II.
No workplace retirement plan? Trump's new site aims to change that
Trump’s executive order calls for a new government website where people in the U.S. can find and compare retirement savings accounts, aiming to help millions of workers who don’t have access to one through their employer.
Trump’s executive order calls for a new government website where people in the U.S. can find and compare retirement savings accounts, aiming to help millions of workers who don’t have access to one through their employer.
Trump signs DHS funding bill, ending a record shutdown
The House approved a bill on Thursday to fund most of the Department of Homeland Security to end the longest agency shutdown in history.
The House approved a bill on Thursday to fund most of the Department of Homeland Security to end the longest agency shutdown in history.
More parents having fewer kids due to rising costs, survey reveals
Parents say raising kids is getting more expensive, forcing many into debt and even changing how many children they plan to have, according to a survey.
Parents say raising kids is getting more expensive, forcing many into debt and even changing how many children they plan to have, according to a survey.
Federal government made $186B in improper payments last fiscal year
A new Government Accountability Office (GAO) report reveals that improper federal spending surged to $186 billion in 2025. The GAO found that the bulk of these payments happened within the nation’s largest programs.
A new Government Accountability Office (GAO) report reveals that improper federal spending surged to $186 billion in 2025. The GAO found that the bulk of these payments happened within the nation’s largest programs.
Blue Cross Blue Shield to begin $2.67 billion settlement payments
Blue Cross Blue Shield will begin to start sending out payments from a $2.67 billion class action lawsuit for eligible former customers.
Blue Cross Blue Shield will begin to start sending out payments from a $2.67 billion class action lawsuit for eligible former customers.
Nearly half of Gen X workers are delaying retirement as rising costs, stagnant wages drain savings
For Gen X, a generation that should be in its "peak savings years," the prospect of retiring on time has shifted.
For Gen X, a generation that should be in its "peak savings years," the prospect of retiring on time has shifted.
Powell nears end of term as Fed holds rates steady
We are learning the latest this Wednesday as the Federal Reserve left its benchmark interest rate unchanged for the third straight meeting. However, the Fed did signal it could still cut rates in the coming months. The Fed kept its short-term rate at 3.6% and retained language in its statement suggesting the next move would be a rate reduction. LiveNOW’s Anna Marsick is speaking with economic strategist Dan Varroney as Chair Jerome Powell will reportedly step down from his leadership role when his term ends on May 15.
We are learning the latest this Wednesday as the Federal Reserve left its benchmark interest rate unchanged for the third straight meeting. However, the Fed did signal it could still cut rates in the coming months. The Fed kept its short-term rate at 3.6% and retained language in its statement suggesting the next move would be a rate reduction. LiveNOW’s Anna Marsick is speaking with economic strategist Dan Varroney as Chair Jerome Powell will reportedly step down from his leadership role when his term ends on May 15.