Economy news
Read the latest verified Economy news on BetaVoices, with related events, figures, and place-driven context.
This section currently has 35 approved stories, with the latest update on Jun 19, 2026.
U.S. gas prices dip below $4 for first time in nearly three months
AAA’s national average for regular gasoline fell to $3.99 as crude prices eased and more ships moved through the Strait of Hormuz
Nara organic infant formula recalled after 3 botulism cases
The voluntary recall covers whole milk powdered infant formula sold in the U.S. through Target, Target.com and Nara.com, according to an FDA notice
Wholesale prices jump 1.1% in May as energy costs surge
The producer price index rose faster than economists expected, lifting annual wholesale inflation to 6.5%, its highest rate since November 2022
GoPro faces survival pressure as losses, costs and competition mount
The action-camera maker is in lender talks and weighing strategic alternatives, including a possible sale or merger, after revenue declines and a first-quarter loss
Energy shock puts ECB on course for expected rate hike
Policymakers are expected to lift the deposit rate by 25 basis points as rising oil and gas costs feed inflation concerns across the euro zone
Stellantis recalls nearly 1.08 million Jeep Wranglers and Gladiators over fire risk
The company says affected Jeep owners should park away from buildings and other vehicles until a repair is available, with a remedy expected no later than July
Young job seekers face a crowded, automated hiring market
Recent graduates describe sending hundreds of applications into systems that can feel opaque, as economists point to weak hiring, employer uncertainty and AI-driven screening
Job openings jump to 7.6 million, highest since May 2024
April’s JOLTS report showed stronger demand for workers but slower actual hiring, reinforcing a labor market with limited churn
Trump Accounts app launches for children’s investment accounts
Parents and guardians can use the new app to manage tax-preferred accounts for children, with a $1,000 federal contribution for eligible kids starting July 4
Fed’s preferred inflation gauge rises to nearly three-year high under Warsh
The April PCE report showed inflation running at a 3.8% annual rate, adding pressure on the new Fed chief as energy costs climb and rate-cut hopes fade