How Federal Reserve’s series of rate hikes could affect your finances
As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.
As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.
Nearly half of US workers hope to get promoted, a raise in 2023, survey shows
According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.
According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.
US lawmakers announce 'framework' on bill to avoid government shutdown
Congress faces a midnight Friday deadline to pass a spending bill to prevent a partial government shutdown.
Congress faces a midnight Friday deadline to pass a spending bill to prevent a partial government shutdown.
Fed raises key interest rate by half a point, signals more to come
The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.
The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.
Americans say holiday gifts harder to afford
More than half of U.S. adults say it’s harder to afford the holiday gifts they want to give this year.
More than half of U.S. adults say it’s harder to afford the holiday gifts they want to give this year.
US inflation slowed to 7.1% over past 12 months
This is the fifth straight month with a slowdown.
This is the fifth straight month with a slowdown.
These US states are raising minimum wage in 2023, with 4 above $15
More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour.
More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour.
More Americans getting a second job as high inflation rages
High inflation is pushing more Americans to take on a side hustle.
High inflation is pushing more Americans to take on a side hustle.
Rail workers say deal to avoid strike won't resolve quality-of-life concerns
Workers and their unions say the deal doesn't do enough to address their quality-of-life concerns and doesn't add any sick days.
Workers and their unions say the deal doesn't do enough to address their quality-of-life concerns and doesn't add any sick days.
Gas prices fall to lowest level since February, GasBuddy data shows
“It’s entirely possible the national average price of gasoline could fall under $3 per gallon by Christmas,” Patrick De Haan at GasBuddy revealed.
“It’s entirely possible the national average price of gasoline could fall under $3 per gallon by Christmas,” Patrick De Haan at GasBuddy revealed.
Senate moves to avert rail strike; bill heads to Biden's desk for signature
Shortly before Thursday's votes, Biden defended the contract that four of the rail unions had rejected.
Shortly before Thursday's votes, Biden defended the contract that four of the rail unions had rejected.
House passes bill to avert railroad strike, impose deal on unions
If an agreement wasn't reached before a Dec. 9 deadline, the unions threatened to strike -- which would have devastating effects on the U.S. economy.
If an agreement wasn't reached before a Dec. 9 deadline, the unions threatened to strike -- which would have devastating effects on the U.S. economy.
Inflation relief checks going to residents in these states. See if you qualify
With inflation running near the highest level in 40 years, Republican and Democratic leaders in some states are offering stimulus payments to residents.
With inflation running near the highest level in 40 years, Republican and Democratic leaders in some states are offering stimulus payments to residents.
Santa's back in town with inflation, inclusion on his mind
Don’t look for plastic partitions or faraway benches when visiting Santa Claus this year. The jolly old elf is back, pre-pandemic style.
Don’t look for plastic partitions or faraway benches when visiting Santa Claus this year. The jolly old elf is back, pre-pandemic style.
Biden asks Congress to block potential railroad strike
President Joe Biden is calling on Congress to pass legislation to intervene and block a railroad strike before next month’s deadline in the stalled contract talks.
President Joe Biden is calling on Congress to pass legislation to intervene and block a railroad strike before next month’s deadline in the stalled contract talks.
Texas job growth expected to slow in 2023, report shows
Economists say it is a good time to prepare for a potential recession.
Economists say it is a good time to prepare for a potential recession.
Black Friday taking a back seat to Small Business Saturday this year
Inflation is shifting consumers' and retailers' behavior.
Inflation is shifting consumers' and retailers' behavior.
Explainer: Why a rail strike is looming, and the wide impact it'd have on the economy
American consumers and nearly every industry will be affected if freight trains grind to a halt next month. Here's what to expect.
American consumers and nearly every industry will be affected if freight trains grind to a halt next month. Here's what to expect.
How much you can expect to pay for Thanksgiving staples this year
Americans are bracing for a costly Thanksgiving this year, with double-digit percent increases in the price of turkey, potatoes, stuffing, canned pumpkin and other staples.
Americans are bracing for a costly Thanksgiving this year, with double-digit percent increases in the price of turkey, potatoes, stuffing, canned pumpkin and other staples.
Texas mother shares secrets to making $5 dinners every night
As inflation has driven up food prices by 10% this year, Erin Chase, author of 5 Dollar Dinners shares her secrets to saving on groceries.
As inflation has driven up food prices by 10% this year, Erin Chase, author of 5 Dollar Dinners shares her secrets to saving on groceries.