Biden ‘has not ruled out’ canceling student loan debts, White House says

Press Secretary Jen Psaki made the comment the same day the Biden administration announced plans to freeze federal student loan payments through Aug. 31

The best and worst times to buy a car amid EV trends and supply-chain woes

If you’re planning to buy a car — new, used, electric, or hybrid — here are some things to consider before making your purchase, according to a car-buying expert.

Corn could be the answer to high gas prices

Under the Home Front Energy Independence Act, ethanol fuel would be produced and sold year-round in the U.S. instead of only during the summer months. The proposal aims to further decrease dependence on Russian petroleum exports over its war on Ukraine.

Biden tapping oil reserve for 6 months to control surging gas prices

Biden ordered the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months in a bid to control energy prices.

Biden planning to tap oil reserve to control gas prices

President Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation's strategic petroleum reserve in a bid to control energy prices.

More than 11 million job openings leave some employers struggling to operate and grow

The government reports that a nationwide labor shortage continues with 11.3 million job openings posted across the country. It's all part of the topsy-turvy world created by the pandemic.

Biden takes aim at the ultra-rich with latest budget proposal

President Biden wants to target billionaires with a 20% rate that would hit both the income and unrealized capital gains of the wealthiest Americans.

Los Angeles becomes 1st in US to reach $6 gas average

Los Angeles on Tuesday became the first major city in the U.S. to reach an average gas price of $6 or more.

Cash poor during spring? Blame the weather

We all know inflation and supply chain kinks are leading to price increases on almost everything. Even cautious shoppers need to beware of spring and its weather changes. Sudden warm temperatures after the cold, dark winter and can actually trigger frenzied shopping.

Federal Reserve hikes interest rate to fight inflation, more to come

The Federal Reserve launched a high-risk effort to tame the worst inflation since the 1970s, raising its benchmark short-term interest rate and signaling potentially up to seven rate hikes this year.

The Great Resignation: Pew Research finds tie in reasons workers quit their jobs in 2021

Latest numbers show another 4.3 million Americans quit their jobs in January. Some call it the Great Resignation. Others, the Great Realization. The top reasons for leaving were a tie.

Canned pet food shortage continues amid supply chain woes

The canned pet food industry continues to feel the burn as supply chain woes and increases in price leave many pet owners improvising their dog or cat’s next meal.

US inflation soared 7.9% in past year, a fresh 40-year high

Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.

Biden to sign order mandating study of cryptocurrency as its use explodes

The Biden administration views the explosive popularity of cryptocurrency as a call for acting with urgency to look at the risks and benefits of digital assets.