Fed says inflation concerns remain, will continue raising rates

The Federal Reserve's September meeting minutes revealed that it's prepared to continue raising interest rates in the coming months but has its eye on the state of the current economy.

IRS inflation adjustment could lower your tax bill in 2023

The changes are meant to help Americans whose earnings haven’t kept up with the increased cost of living.

Biden to release up to 15 million barrels of oil from strategic reserve

President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve Wednesday as part of a response to recent production cuts announced by OPEC+ nations.

Social Security benefits to jump by 8.7% in 2023

The Social Security cost-of-living adjustment means the average recipient will receive more than $140 a month starting in January.

Austin leads nation in office job growth, report says

For those still working from home, it may not last for much longer. Depending on the industry, analysts said employees may be back in the office within the next six months.

New Gov. Abbott campaign ad blames President Biden for inflation

Travis County Democrat Chair Katie Naranjo and Matt Mackowiak, chair of the Travis County Republican Party, discuss Gov. Abbott's new ad blaming President Biden for inflation.

3rd-largest railroad union rejects deal, renewing possibility of strike

The third largest railroad union rejected its deal with the railroads Monday — renewing the possibility of a strike that could cripple the economy — but before that could happen both sides will return to the bargaining table.

Biggest Social Security cost-of-living increase in decades expected this week

Roughly 70 million Americans are likely to see a notable boost in their monthly checks. Here’s what to know ahead of the expected COLA increase announcement this week.

Nobel economics prize awarded to former Fed chair Ben Bernanke, 2 other Americans

The Nobel Prize winners’ research took on great real-world significance when investors sent the financial system into a panic during the fall of 2008.

Another month of solid US hiring suggests more big Fed hikes

America’s employers slowed their hiring in September but still added 263,000 jobs, a solid figure that will likely keep the Federal Reserve on pace to keep raising interest rates aggressively to fight persistently high inflation.

Americans changing holiday travel plans due to inflation, survey finds

Over the holidays, many Americans are opting for fewer days of travel, cheaper accommodations, and shorter distances due to rising costs, a recent survey found.

Mortgage activity hits 25-year low as rates rise

The Federal Reserve's strategy of raising interest rates in an attempt to fight sky-high inflation is sending mortgage rates higher, impacting home buyers.

More couples are asking wedding guests to help buy a home, experts say

The wedding experts at Zola.com (http://zola.com/) said they’ve seen the number of couples asking for housing-related funds double since 2019.

1 in 5 Americans dating less because of inflation

From rent prices to the grocery store, inflation has impacted almost every aspect of Americans’ lives. Love lives included.