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.

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.

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.

Union members reject deal 2 days before deadline to avoid massive rail strike

A potential strike could impact shipments of everything from clothes to cars, hurting businesses nationwide as they deal with ongoing supply chain problems. The deadline to avoid a strike is Friday.

Dow falls 1,250 as inflation maintains grip on US economy

Many of the data points within the inflation report were worse than economists expected, including some the Fed pays particular attention to, such as inflation outside of food and energy pri

Inflation falls for 2nd consecutive month on lower gas prices

Inflation has driven up the costs of families’ grocery bills, rents, and utility costs, placing hardships on households and increasing gloom about the economy despite job growth and low unemployment.

Massive rail strike could mean more supply chain issues

A possible worker strike would threaten the U.S. economy with an estimated cost of $2 billion per day.

Is inflation cooling off? It depends where you live

Western states facing inflation rate of 9.6% even as price increases show hint of slowdown.

Emergency SNAP benefits extended for September 2022 in Texas

All SNAP households will receive a minimum of $95 in emergency allotments. It should appear in recipients’ accounts by September 30.

These states are tapping historic surpluses for tax cuts and rebates

States with extra money from tax revenue and federal pandemic aid are returning billions of tax dollars to people. So far, 31 states have established some type of tax cut or rebate in their areas.

Here's how the student loan payment pause impacted borrowers' credit scores

A new study by the Federal Reserve Bank of New York said that the moratorium on federal student loan payments has positively impacted borrower's finances and credit scores. (Not automatically expanded because 3 MB is too large.

Consumer prices rise to 6.3% in July as inflation begins to ease a bit

A report released by the Commerce Department reveals that a decline in energy prices in July offered some relief amid high prices caused by inflation.