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.
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.
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
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.
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.
A possible worker strike would threaten the U.S. economy with an estimated cost of $2 billion per day.
Dolly Parton, Kelly Clarkson team up for reimagined version of ‘9 to 5’
This women’s working anthem has been reimagined in honor of the upcoming documentary, “Still Working 9 to 5.”
This women’s working anthem has been reimagined in honor of the upcoming documentary, “Still Working 9 to 5.”
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.
Western states facing inflation rate of 9.6% even as price increases show hint of slowdown.
Michaels hiring 15K holiday employees ahead of busy retail season
Michaels says it's giving holiday hires more earning potential.
Michaels says it's giving holiday hires more earning potential.