Wendy's to test 'surge-pricing' menu that updates based on demand

Dynamic pricing, similar to Uber, is coming to Wendy's. The chain will invest in new high-tech digital menus to adjust prices depending on restaurant traffic.

Capital One to purchase Discover Financial for $35 billion

Capital One Financial is buying Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s biggest lenders and credit card issuers.

Michigan governor, treasury secretary talk inflation and finances at Detroit Economic Club

The secretary of the treasury department was in Detroit on Wednesday for an appearance alongside the Michigan governor where Janet Yellen was interviewed by Gretchen Whitmer.

Lower gas prices expected in 2024 and weather, geopolitics could play role

Analysts said growing oil production in the U.S., as well as greater inventories, could lead to prices falling by at least 15 cents through the year.

US consumer inflation eased in October, driven by cheaper gas, cars and airfares

Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedeviled consumers for the past two years.

Fed leaves rates unchanged, open to possible future hike

The Federal Reserve kept its key short-term interest rate unchanged for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahea

UAW strike update: Ford, GM lay off more workers

More General Motors and Ford employees were told to not come to work this week as the UAW strike continues.

UAW Strike inflicts nearly $4 billion in losses, analysis shows

The economic damage from the strike will continue to worsen each week that workers are off the line. After last week's added targets, one automaker is expected to hit particularly hard.

Experts worry UAW strike could tip U.S. economy into recession

Dealerships are worried interest rates and less vehicle supply could hurt consumers. But there are worries of bigger fiscal cliffs on the way.