Hotel staff shortages may drive travel costs in US to all-time high

Staffing shortages and inadequate pay at hotels nationwide could contribute to a surge in travel costs, according to a new report.

Q4 GDP revised down slightly – here's what that means for interest rates

The BEA lowered it's estimate slightly for the fourth quarter's GDP. However, economic growth remains much stronger than anticipated. Here's what that means for interest rates.

Home prices hit new high in December but show signs of cooling: Case-Shiller

Home prices reached an all-time high in December but show signals of softening, according to the latest S&P CoreLogic Case-Shiller Indices report.

Sean Bailey steps down as Walt Disney Studios president, David Greenbaum takes on newly created role

The Walt Disney Studios announced that David Greenbaum has been named president of Disney Live Action and 20th Century Studios, a newly created role. He will report to Disney Entertainment Co-Chairman Alan Bergman.

US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher

The FTC sued to block a proposed merger between grocery giants Kroger and Albertsons, saying the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans.