American companies report surprisingly high spending from shoppers despite inflation Recession? What recession? The Fed is still cautious, but big brands — Kimberly-Clark, Hilton, Visa, Chipotle, Coca-Cola — are singing praises to shoppers who seem un-swayed by their higher prices. Stacey Vanek Smith
Amtrak wants to spend $200M to improve Seattle's rail yard Amtrak says it will improve its train yard in Seattle’s SoDo neighborhood over the next couple of years. The company says the goal is to improve service for riders and safety for workers. Casey Martin
GM reverses its plans to halt Chevy Bolt EV production The popular electric vehicle was released in the 2017 model year and had to be recalled twice due to battery issues. General Motors plans to only make electric vehicles by 2035. Ayana Archie
What my $30 hamburger reveals about fees and how companies use them to jack up prices New fees are being tacked onto hotel bills, airfare, restaurant checks and pretty much everywhere else. It's another form of inflation and it's costing consumers $65 billion a year. Stacey Vanek Smith
Mattel tried to report financials. All anyone wanted to talk about was 'Barbie' Mattel reported financial earnings Wednesday. Impacts from the Barbie movie remain to be seen, but she still stole the show. Erin Kenney
The Fed's hot pause summer gets an ice bath: Interest rates rise again After taking a pause last month, the Fed got back to raising interest rates. Many are now saying a "soft-landing" is within our sights Stacey Vanek Smith
Fees added to bills are costing consumers billions. Now, regulators are cracking down The rise of fees on hotel bills, bank bills, restaurant bills and everywhere else has regulators cracking down. Turns out, they are just inflation in disguise. Stacey Vanek Smith
UPS union calls off strike threat after securing pay raises for workers A tentative agreement between UPS and the Teamsters has averted a potential strike at the company. The deal will secure pay raises for part-time workers. Danielle Kaye
The IRS will stop making most unannounced visits to taxpayers' homes and businesses The agency said instead it will send letters to certain taxpayers to set up face-to-face meetings. Ayana Archie
