Inflation slowdown? Not in some cities, where consumer prices still top 12%
One city, in particular, is seeing the highest inflation rate in the country, still above 12%.
One city, in particular, is seeing the highest inflation rate in the country, still above 12%.
US consumer inflation slowed to 7.7% in October
Consumer inflation reached 7.7% in October from a year earlier and 0.4% from September, the Labor Department said Thursday.
Consumer inflation reached 7.7% in October from a year earlier and 0.4% from September, the Labor Department said Thursday.
Another railroad union approves deal, offering hope of avoiding strike
Another railroad union narrowly approved its deal with the major freight railroads Saturday -- but five unions must still approve contracts to prevent a strike.
Another railroad union narrowly approved its deal with the major freight railroads Saturday -- but five unions must still approve contracts to prevent a strike.
How steep interest rate hikes impact your finances
Mortgage rates continue to jump, home sales slump and credit cards and auto loans increase.
Mortgage rates continue to jump, home sales slump and credit cards and auto loans increase.
Federal Reserve raises interest rate by three-quarters of a point
The Fed’s move raised its key short-term rate to a range of 3.75% to 4%, its highest level in 15 years.
The Fed’s move raised its key short-term rate to a range of 3.75% to 4%, its highest level in 15 years.
Aldi matching 2019 Thanksgiving prices
From free turkeys to major discounts, grocery stores are prepping for a Thanksgiving set against surging inflation.
From free turkeys to major discounts, grocery stores are prepping for a Thanksgiving set against surging inflation.
Best places to retire in the US updated as inflation woes persist: Which place is No. 1?
New rankings place housing affordability as the number one factor.
New rankings place housing affordability as the number one factor.
US diesel supplier warns businesses to prepare for shortages, higher prices for consumers
The company suggests being aware of tank levels and not 'panic buying' fuel.
The company suggests being aware of tank levels and not 'panic buying' fuel.
Social Security benefits to rise by record amount in 2023: Check how much money you could receive
More than 64 million Americans collecting Social Security will receive the bigger payments beginning in January, the administration said.
More than 64 million Americans collecting Social Security will receive the bigger payments beginning in January, the administration said.
Prices on new, used vehicles finally begin to creep down from inflated highs
Even with the average price of new and used vehicles beginning to ease, auto purchases remain unaffordable for many, with average prices still 30% to 50% above where they were in early 2020.
Even with the average price of new and used vehicles beginning to ease, auto purchases remain unaffordable for many, with average prices still 30% to 50% above where they were in early 2020.
Attorney sues Romano's Macaroni Grill for 'deceptive' $2 inflation fee: 'Egregious and surreptitious'
Hawaii consumer attorney Brandee Faria is suing the Italian restaurant chain in a class-action lawsuit and claimed that customers don't learn of the fees until the end when they receive an itemized receipt.
Hawaii consumer attorney Brandee Faria is suing the Italian restaurant chain in a class-action lawsuit and claimed that customers don't learn of the fees until the end when they receive an itemized receipt.
Gov. Greg Abbott leads Beto O'Rourke by 11 points, new poll shows
A new poll from the UT/Texas Politics Project has Abbott in the driver seat. His lead over Democrat rival Beto O’Rourke is now at 11 points, 54% to 43%.
A new poll from the UT/Texas Politics Project has Abbott in the driver seat. His lead over Democrat rival Beto O’Rourke is now at 11 points, 54% to 43%.
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.
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.
Taxpayers may get bigger refunds for 2023 to help keep up with inflation
The IRS is increasing the standard deduction and tax bracket limits amid inflation.
The IRS is increasing the standard deduction and tax bracket limits amid inflation.
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.
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.
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.
The Social Security cost-of-living adjustment means the average recipient will receive more than $140 a month starting in January.
US inflation accelerated in September, keeping pressure on households
Consumer prices rose 8.2% in September compared with a year earlier.
Consumer prices rose 8.2% in September compared with a year earlier.
These housing markets are seeing the largest drop in prices since the pandemic peak
Housing prices are continuing to cool off — and data shows one area of the country, in particular, is seeing the highest drop.
Housing prices are continuing to cool off — and data shows one area of the country, in particular, is seeing the highest drop.
Biden vows there will be 'consequences' for Saudi Arabia after OPEC+ cuts oil production
President Joe Biden says there will be “consequences” for Saudi Arabia as his administration begins reevaluating the U.S. relationship with the kingdom.
President Joe Biden says there will be “consequences” for Saudi Arabia as his administration begins reevaluating the U.S. relationship with the kingdom.