Money

The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar.

The tentative railway labor agreement averted a nationwide strike that could have been devastating to the economy.

For the average retiree who got a monthly check of $1,656 this year, an adjustment of 8.7% would boost the payment by $144.10, according to an advocacy group’s estimate.

President Joe Biden said Thursday that a tentative railway labor agreement has been reached, averting a potentially devastating strike before the pivotal midterm elections.

Here are some questions people are likely to have about the standoff, along with answers about what it means for the economy.

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.

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 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.

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

Prince William recently inherited the Duchy of Cornwall estate from his father.

Hard Rock International, the global gambling, entertainment and hospitality company, said Monday it is spending over $100 million to give significant raises to 10,000 non-tipped workers, most of them in the U.S.

At one time, Queen Elizabeth II appeared on at least 33 different currencies, more than any other monarch, an achievement noted by Guinness World Records.

This women’s working anthem has been reimagined in honor of the upcoming documentary, “Still Working 9 to 5.”

Visa said it would adopt the International Organization for Standardization’s new merchant code for gun sales, which was announced on Friday.

When Jose Flores Velaquez went to redeem his scratch-off ticket, he was happy to claim what he thought was a $600 prize. But when lottery staffers looked at it, they quickly discovered the ticket was worth a whole lot more — it was a $1 million winner.

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

On average, people misjudged their monthly subscription costs by $133, which is nearly $1,600 a year, according to a recent survey.