Economists question whether US is currently in a recession
Economists are questioning if the U.S. could be in a recession after the most recent employment report showed strength in the job market.
Economists are questioning if the U.S. could be in a recession after the most recent employment report showed strength in the job market.
‘Rich’ people reportedly head to Applebees, IHOP during high inflation
“We perform well during tough times like this,” said parent company Dine Brands chief executive John Peyton told the Post on how inflation has impacted its business.
“We perform well during tough times like this,” said parent company Dine Brands chief executive John Peyton told the Post on how inflation has impacted its business.
US inflation slips from 40-year peak but remains high at 8.5%
Consumer prices jumped 8.5% in July compared with a year earlier, the government said Wednesday, down from a 9.1% year-over-year jump in June.
Consumer prices jumped 8.5% in July compared with a year earlier, the government said Wednesday, down from a 9.1% year-over-year jump in June.
Inflation and recession risk mean buy now, pay later isn't going anywhere: report
Consumers are continuing to use buy now, pay later to make purchases, even as recession risk grows, according to a new report.
Consumers are continuing to use buy now, pay later to make purchases, even as recession risk grows, according to a new report.
Gas prices coming down but inflation will likely stay high
Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months.
Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months.
July jobs breakdown: Which industries hired the most workers last month?
Hiring at bars and restaurants bolstered July job growth.
Hiring at bars and restaurants bolstered July job growth.
Texas has lowest gas price average of any US state: AAA
In the Austin area, a gallon of gas is about 50 cents lower than the national average.
In the Austin area, a gallon of gas is about 50 cents lower than the national average.
Job growth surged in July, recovering all employment lost during pandemic
The employment report from July showed job gains were significantly higher than economists expected.
The employment report from July showed job gains were significantly higher than economists expected.
US added surprising 528K jobs in July despite inflation, recession fears
The American job market has repeatedly defied skeptics this year. Economists had expected only 250,000 new jobs this month.
The American job market has repeatedly defied skeptics this year. Economists had expected only 250,000 new jobs this month.
Older Americans more concerned with inflation, cut back on spending: report
Older Americans are concerned with inflation and cutting back on spending, a new report claims. Here are a few ways you could save.
Older Americans are concerned with inflation and cutting back on spending, a new report claims. Here are a few ways you could save.
Walmart announces layoffs amid lower profit forecasts
Walmart expects adjusted earnings per share for Q2 to decline to around 8% or 9%.
Walmart expects adjusted earnings per share for Q2 to decline to around 8% or 9%.
Drought driving increased traffic to Texas cattle auctions
The national inventory of cattle is currently down 2% according to a recent report by The US Department of Agriculture.
The national inventory of cattle is currently down 2% according to a recent report by The US Department of Agriculture.
OPEC, allies agree to boost oil production by slower pace than previous months
As a result, experts said the amount of oil on the market might not keep up with demand, so high oil prices may persist for some time.
As a result, experts said the amount of oil on the market might not keep up with demand, so high oil prices may persist for some time.
How to recession-proof your life
If you think a recession could destabilize your finances, here are some things you can do to prepare.
If you think a recession could destabilize your finances, here are some things you can do to prepare.
Certain California, Florida, Arizona housing markets most susceptible to downturn in a recession
Places where people have high debt compared to income and home equity are vulnerable.
Places where people have high debt compared to income and home equity are vulnerable.
Man opens up about leaving teaching for better-paying Walmart job
The 28-year-old man said the chance to move up without getting an advanced degree was one of the motivating factors for him to leave the education field.
The 28-year-old man said the chance to move up without getting an advanced degree was one of the motivating factors for him to leave the education field.
Are we in a recession? The definition of recession explained
Is the U.S. headed for a recession? It depends on who you ask.
Is the U.S. headed for a recession? It depends on who you ask.
What's in, and out, of Democrats' climate, health care and inflation bill
Here’s a look at the Democrats' "Inflation Reduction Act of 2022" as it stands after Senate Majority Leader Chuck Schumer and holdout Sen. Joe Manchin reached a deal.
Here’s a look at the Democrats' "Inflation Reduction Act of 2022" as it stands after Senate Majority Leader Chuck Schumer and holdout Sen. Joe Manchin reached a deal.
Recession fears rise after US economy shrinks for second straight quarter
The latest figures are raising fears that the nation may be approaching a recession.
The latest figures are raising fears that the nation may be approaching a recession.
Manchin says deal reached with Schumer on tax and climate bill
In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin have reached an expansive agreement that had eluded them for months on health care, energy and climate issues, taxes on higher earners and corporations and trimming the federal debt.
In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin have reached an expansive agreement that had eluded them for months on health care, energy and climate issues, taxes on higher earners and corporations and trimming the federal debt.