Business Stories from May 12, 2026 (Change date)
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Amazon looks to redefine a need for speed with 30-minute deliveriesMay 12, 2026 4:00 pm - NEW YORK (AP) — More than 20 years after it redefined fast shipping, Amazon is preparing to raise the bar on consumer expectations again by offering to fulfill customers'...
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Wall Street’s record-setting run halts as AI stocks slump and oil prices riseMay 12, 2026 3:46 pm - The S&P 500 fell 0.2% from its all-time high set the day before. The Dow Jones Industrial Average added 56 points, or 0.1%, while the Nasdaq composite sank 0.7% from its own record.
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US hotel operators say promised boon from hosting World Cup hasn’t materialized yetMay 12, 2026 2:56 pm - The promised economic boon from the World Cup hasn’t matched expectations, at least not yet, for U.S. hotels. Room bookings have been lighter than expected in most of the 11 U.S. cities hosting the world’s most watched sporting event, according to an April survey by the American Hotel & Lodging Association.
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As Illinoisans lose federal food assistance, independent grocers face debt, store closureMay 12, 2026 2:07 pm - As thousands of Illinois households lose their federal food assistance this month, business owners also are preparing for potential loss. When households lose their benefits, they spend less at the grocery store, and the already-thin profit margins of independent grocers become even slimmer. Business owners face debt and potential store closures that could have far-reaching effects for small communities in rural Illinois.
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The Iran war is hitting home as gasoline prices fuel inflation surge of 3.8% in the USMay 12, 2026 1:40 pm - U.S. consumer prices climbed sharply again last month as the 10-week war with Iran delivered higher gasoline prices and more pain for Americans. The Labor Department's consumer price index rose 3.8% from April 2025, the biggest jump in three years, and up from a 3.3% year-over-year gain in March.
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How to buy a home you can affordMay 12, 2026 11:57 am - Buying a home that is affordable requires diligence on the part of potential homeowners, who can consider the market and their finances and tweak search parameters to get the best deals.
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Agent said house was ‘built to code’May 12, 2026 11:03 am - Our son just made an offer on a home. The sellers and their agent say the house was "built to code,” but they won’t say whether the addition was built with a permit.
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20,000 trucks a day: Suburban warehouse boom raises safety fearsMay 12, 2026 8:00 am - Every day, thousands of semi trucks roll in and out of the sprawling warehouse complexes in the suburbs, supporting the rise of next-day delivery. They pummel the roads, belch fumes and cause deadly crashes.
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