Fed officials signal more rate hikes likely amid sticky inflation, minutes show
Federal Reserve policymakers see more interest rate hikes ahead.
Federal Reserve policymakers see more interest rate hikes ahead.
Plunging natural gas prices eases inflation concerns
Natural gas accounts for nearly 25% of residential energy needs, making it a big driver in last year’s worst bout of inflation in 40 years.
Natural gas accounts for nearly 25% of residential energy needs, making it a big driver in last year’s worst bout of inflation in 40 years.
White House says GOP plans would add $3 trillion to national debt
The White House is charging the GOP with hypocrisy for favoring tax policies that could push the accumulated $31.4 trillion national debt higher.
The White House is charging the GOP with hypocrisy for favoring tax policies that could push the accumulated $31.4 trillion national debt higher.
Economy not responding to higher interest rates, unexpectedly large jobs report
Reports say more than 500,000 jobs were created in the first month of 2023 which is not how the economy expected to act in the face of higher interest rates.
Reports say more than 500,000 jobs were created in the first month of 2023 which is not how the economy expected to act in the face of higher interest rates.
More Americans live paycheck to paycheck, report finds
A report found 166 million consumers in the US fall into that category.
A report found 166 million consumers in the US fall into that category.
Bed Bath & Beyond closing 87 additional stores. Here’s the list of locations
The latest store closings are impacting the struggling retailer as it considers its options, including possibly filing for bankruptcy.
The latest store closings are impacting the struggling retailer as it considers its options, including possibly filing for bankruptcy.
How the latest Fed interest rate hike could impact you
The rate increase will likely make it even costlier to borrow for homes, autos and other purchases.
The rate increase will likely make it even costlier to borrow for homes, autos and other purchases.
Walmart trying out more 'upscale' stores with launch of new designs, upgrades
The retailer has renovated nearly 1,000 stores with the redesigns, and several have recently opened.
The retailer has renovated nearly 1,000 stores with the redesigns, and several have recently opened.
To tip or not to tip? Is inflation discouraging people from leaving gratuity?
More businesses are adding an option to leave a tip, and it’s just one more expense added to high inflation and rising interest rates.
More businesses are adding an option to leave a tip, and it’s just one more expense added to high inflation and rising interest rates.
Houston nightlife parking: Millennials, Gen Z frustrated by prices, opting to stay home
The price of parking outside of popular bars, lounges, and nightclubs in Houston has millennials and Gen-Z sounding off about the toll it's taking on their wallets.
The price of parking outside of popular bars, lounges, and nightclubs in Houston has millennials and Gen-Z sounding off about the toll it's taking on their wallets.
Americans struggling to make car payments is highest since Great Recession
Car repossessions are growing as Americans still struggle with high car prices and inflation.
Car repossessions are growing as Americans still struggle with high car prices and inflation.
Hasbro laying off 1,000 employees amid cost-savings push
The company well-known for Monopoly, Play-Doh, and My Little Pony toys says the layoffs are 15% of its global full-time workforce.
The company well-known for Monopoly, Play-Doh, and My Little Pony toys says the layoffs are 15% of its global full-time workforce.
Chipotle looks to hire 15,000 people in US amid continuing labor shortage
Other chains, including Taco Bell and Starbucks, are also looking for workers.
Other chains, including Taco Bell and Starbucks, are also looking for workers.
U.S. economy showed solid growth, but slowdown expected in coming months
The resilience of the U.S. job market has been a major surprise, but analysts say the good times for America’s workers aren’t likely to last.
The resilience of the U.S. job market has been a major surprise, but analysts say the good times for America’s workers aren’t likely to last.
Manchin introduces bill to delay tax credits for electric vehicles
Tax credits for electric vehicles are a key feature of President Joe Biden's landmark climate law.
Tax credits for electric vehicles are a key feature of President Joe Biden's landmark climate law.
Consumers are piling on credit card debt, flashing signs of potential crisis
As Americans rack up record-high credit card debt after a year of soaring inflation and interest rate hikes, charge-offs are beginning to roll in at the start of a looming default crisis.
As Americans rack up record-high credit card debt after a year of soaring inflation and interest rate hikes, charge-offs are beginning to roll in at the start of a looming default crisis.
Is tipping getting out of control? Most consumers say yes
As more businesses adopt digital payment methods, consumers are prompted to leave a tip at places they typically wouldn’t. Some feel it has become more frustrating as the price of items has risen because of inflation.
As more businesses adopt digital payment methods, consumers are prompted to leave a tip at places they typically wouldn’t. Some feel it has become more frustrating as the price of items has risen because of inflation.
Gold and silver boom predicted as US hits debt ceiling, dollar devalues
Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.
Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.
Google cutting 12,000 jobs as tech industry layoffs widen
Google has become the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.
Google has become the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.
US debt limit: US Treasury buys time for Biden and House GOP on deal
The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.
The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.