US consumer prices jumped 6.2% in past year, highest inflation rate since 1990

Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.

11 Democratic lawmakers ask Biden to dip into Strategic Petroleum Reserve to alleviate gas price hike

The Strategic Petroleum Reserve is stored in huge underground salt caverns at four sites along the coastline of the Gulf of Mexico and is the world’s largest supply of emergency crude oil.

Elon Musk's Twitter poll asks if he should sell some Tesla stock

Elon Musk has asked Twitter users whether he should sell 10% of his stock in Tesla amid pressure in Washington to increase taxes on billionaires like him.

Rising consumer prices may be here to stay, according to financial experts

We've all noticed prices for all kinds of things, have been on the rise. Manufacturers have blamed COVID-19 and supply-chain challenges for their price hikes. Some experts say the added cost is likely to stay.

More price hikes on the way in Houston
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We've all noticed prices for all kinds of things, have been on the rise. Manufacturers have blamed COVID-19 and supply-chain challenges for their price hikes. FOX 26?s Business Reporter Tom Zizka says the added cost of living is likely to stay.

October jobs report: US hiring rebounds with 531,000 jobs added

The October 2021 U.S. jobs report showed employers stepped up their hiring, adding a solid 531,000 jobs — the most since July.

Why is Social Security running out of money?

If no action is taken, Social Security could run out of funds by 2033. Here's why, and what you can do if you need more funds.

Gen Z consumers are driving the credit industry rebound, TransUnion report finds

The youngest generation of consumers are leading the way in new credit originations, according to TransUnion. Here's how to choose the right credit card company and build better spending habits.

Paid leave, immigration, tax changes added to $1.75T Biden bill

House Democrats have added paid family and medical leave, immigration law changes and a state-and-local tax break to President Joe Biden's $1.75 trillion social services and environmental bill.