GOP states sue Biden administration in effort to halt student loan forgiveness plan
Six Republican-led states are suing the Biden administration in an effort to halt its plan to forgive student loan debt for tens of millions of Americans, accusing it of overstepping its executive powers.
Six Republican-led states are suing the Biden administration in an effort to halt its plan to forgive student loan debt for tens of millions of Americans, accusing it of overstepping its executive powers.
Fewer people request US unemployment benefits amid solid hiring, high inflation
Applications for unemployment benefits last week saw their lowest number of claims since April. If the number continues to drop, the Federal Reserve could raise interest rates higher than it plans to slow the economy.
Applications for unemployment benefits last week saw their lowest number of claims since April. If the number continues to drop, the Federal Reserve could raise interest rates higher than it plans to slow the economy.
Biden warns oil industry not to 'gouge the American people' as Ian hits Florida
Biden said the hurricane “provides no excuse for price increases at the pump."
Biden said the hurricane “provides no excuse for price increases at the pump."
Costco CFO says hot dog combo price might remain $1.50 forever
Costco CFO Richard Galanti said the company's gas and travel sectors allowed the company to make up for loss at the food court.
Costco CFO Richard Galanti said the company's gas and travel sectors allowed the company to make up for loss at the food court.
Dick's Sporting Goods announces plans to hire up to 9,000 for holidays
A slew of companies have already announced their seasonal hiring plans.
A slew of companies have already announced their seasonal hiring plans.
Butter shortage drives up prices ahead of holiday baking season
The average price of butter in August jumped 24.6% compared to a year ago, U.S. labor statistics show. Here’s what is driving the increase.
The average price of butter in August jumped 24.6% compared to a year ago, U.S. labor statistics show. Here’s what is driving the increase.
US housing recession could send home prices tumbling 20%, economist says
Home prices have already declined 5% from their May peak.
Home prices have already declined 5% from their May peak.
Dow hits 2022 low as markets sell off on recession fears
Stocks tumbled worldwide Friday on more signs the global economy is weakening, just as central banks raise the pressure even more with additional interest rate hikes.
Stocks tumbled worldwide Friday on more signs the global economy is weakening, just as central banks raise the pressure even more with additional interest rate hikes.
Fed announces third consecutive 75-basis point rate hike
The Fed's September meeting ended with yet another 75-basis point rate hike.
The Fed's September meeting ended with yet another 75-basis point rate hike.
New report details financial challenges Texas women are facing
Research shows many women in the Lone Star State continue to face financial challenges when it comes to education, childcare, health insurance, and housing.
Research shows many women in the Lone Star State continue to face financial challenges when it comes to education, childcare, health insurance, and housing.
Federal interest rate hikes are here: How will it impact your finances?
Mortgage rates have jumped, home sales have slumped and credit cards and auto loans have gotten pricier. Savings rates are slightly juicier, though.
Mortgage rates have jumped, home sales have slumped and credit cards and auto loans have gotten pricier. Savings rates are slightly juicier, though.
Fed hikes rate by three-quarters of a point in continued fight against inflation
The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.
The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.
Existing home sales drop to lowest level since 2020
Sales of previously owned houses fell in August for the seventh consecutive month as rising interest rates pushed potential homebuyers out of the market.
Sales of previously owned houses fell in August for the seventh consecutive month as rising interest rates pushed potential homebuyers out of the market.
Gallup: More than half of U.S. workers are ‘quiet quitting’
A poll shows that the workplace has gotten worse for younger employees, particularly those under 35 years old.
A poll shows that the workplace has gotten worse for younger employees, particularly those under 35 years old.
EXPLAINER: How the strong U.S. dollar can affect everyone
After rising again Friday, the dollar is near its highest level in more than two decades against a key index measuring six major currencies, including the euro and Japanese yen.
After rising again Friday, the dollar is near its highest level in more than two decades against a key index measuring six major currencies, including the euro and Japanese yen.
Biden administration moves closer to creating a digital dollar
The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar.
The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar.
Tentative railway labor deal reached, averting strike, Biden says
The tentative railway labor agreement averted a nationwide strike that could have been devastating to the economy.
The tentative railway labor agreement averted a nationwide strike that could have been devastating to the economy.
Biden: Tentative railway labor deal reached, averting strike
President Joe Biden said Thursday that a tentative railway labor agreement has been reached, averting a potentially devastating strike before the pivotal midterm elections.
President Joe Biden said Thursday that a tentative railway labor agreement has been reached, averting a potentially devastating strike before the pivotal midterm elections.
Amtrak to suspend all long-distance routes ahead of strike deadline
Thousands of railroad union members can go on strike over contract negotiations starting Friday.
Thousands of railroad union members can go on strike over contract negotiations starting Friday.
A strike by railroad workers is looming: Here's how it could impact you
Here are some questions people are likely to have about the standoff, along with answers about what it means for the economy.
Here are some questions people are likely to have about the standoff, along with answers about what it means for the economy.