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Economy

Latest updates on the U.S. economy.

Netflix is hiring a flight attendant for one of its private jets—and the job pays up to $385,000

Netflix is hiring a flight attendant for one of its private jets—and the job pays up to $385,000

Job candidates can apply now for the role on the Netflix website for a chance to travel and earn a quality salary.

January 18, 2023 10:55am EST
How inflation is changing the way people use payment apps

How inflation is changing the way people use payment apps

A recent survey by Forbes finds that some young adults are using payment apps to cover the costs of restaurant tabs, groceries, and rent.

January 17, 2023 7:23pm EST
US inflation slows to 6.5% over past 12 months, easing some pressure

US inflation slows to 6.5% over past 12 months, easing some pressure

The softer readings add to growing signs that the worst inflation in four decades is gradually waning.

January 12, 2023 12:20pm EST
Biden: Easing inflation 'giving families some real breathing room'

Biden: Easing inflation 'giving families some real breathing room'

Inflation eased to 6.5% in December compared with 12 months earlier.

January 12, 2023 8:39am EST
Biden, López Obrador, Trudeau show unity during summit, downplay tensions

Biden, López Obrador, Trudeau show unity during summit, downplay tensions

President Joe Biden, Mexican President Andrés Manuel López Obrador and Canadian Prime Minister Justin Trudeau are seeking to downplay their frustrations with one another on migration and trade as they meet for the North American Leaders Summit.

January 10, 2023 9:31pm EST
Record number of Americans are paying $1000 a month or more for monthly car payments, data shows

Record number of Americans are paying $1000 a month or more for monthly car payments, data shows

More than 15% of consumers who financed a new vehicle toward the end of 2022 committed to paying more than $1,000 a month, the highest percentage ever recorded.

January 6, 2023 2:13pm EST
FTC proposes rule banning noncompete clauses for workers

FTC proposes rule banning noncompete clauses for workers

The Federal Trade Commission says the rule would open new job opportunities for 30 million Americans and raise wages by $300 billion a year.

January 5, 2023 4:01pm EST
Record-high Social Security cost-of-living increase poised to kick in soon

Record-high Social Security cost-of-living increase poised to kick in soon

Over 66 million Americans on social security are set to receive a record-high cost of living increase in 2023.

January 1, 2023 1:31pm EST
Holiday sales increase 7.6% despite the squeeze of inflation

Holiday sales increase 7.6% despite the squeeze of inflation

U.S. sales between Nov. 1 and Dec. 24, a period that is critical for retailers, were fueled by spending at restaurants and on clothing.

December 26, 2022 12:14pm EST
Here's how much pay Americans say they'd need to start a new job

Here's how much pay Americans say they'd need to start a new job

A recent survey from the Federal Reserve Bank of New York reveals most people will hop to a new job for a starting salary a little over $73,000 a year.

December 22, 2022 7:24pm EST
Senate passes $1.7T spending bill to fund government, aid Ukraine

Senate passes $1.7T spending bill to fund government, aid Ukraine

The Senate has passed a $1.7 trillion bill to finance federal agencies through September, aid Ukraine and provide assistance to communities recovering from hurricanes, floods and other natural disasters.

December 22, 2022 5:16pm EST
Treasury department delays electric vehicle tax credit changes

Treasury department delays electric vehicle tax credit changes

The Treasury Department has pushed the issuance of guidance for new electric vehicle tax credit rules from January to March as it continues to develop them.

December 20, 2022 5:58pm EST
Unemployment benefits and Obamacare subsidies outpace median income in several states, study finds

Unemployment benefits and Obamacare subsidies outpace median income in several states, study finds

The labor force participation rate was 62.1% last month, notably lower than the 63.4% mark it was at before the coronavirus pandemic struck the United States in March 2020. 

December 20, 2022 7:25am EST
Christmas tree demand remains high in US despite inflation

Christmas tree demand remains high in US despite inflation

Retailers from Home Depot and Lowes to mom and pop operations raised their prices on trees — but people are still buying them.

December 19, 2022 5:47pm EST
Wall Street may get much worse in 2023 before it gets better

Wall Street may get much worse in 2023 before it gets better

Many analysts expect stocks to end 2023 around their current range, if not a bit higher. But before that, much of Wall Street is also forecasting stock prices to fall sharply in the interim.

December 15, 2022 12:00pm EST
How Federal Reserve’s series of rate hikes could affect your finances

How Federal Reserve’s series of rate hikes could affect your finances

As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.

December 15, 2022 10:25am EST
Nearly half of US workers hope to get promoted, a raise in 2023, survey shows

Nearly half of US workers hope to get promoted, a raise in 2023, survey shows

According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.

December 14, 2022 7:54pm EST
US lawmakers announce 'framework' on bill to avoid government shutdown

US lawmakers announce 'framework' on bill to avoid government shutdown

Congress faces a midnight Friday deadline to pass a spending bill to prevent a partial government shutdown.

December 14, 2022 2:27pm EST
Fed raises key interest rate by half a point, signals more to come

Fed raises key interest rate by half a point, signals more to come

The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.

December 14, 2022 2:13pm EST
Americans say holiday gifts harder to afford

Americans say holiday gifts harder to afford

More than half of U.S. adults say it’s harder to afford the holiday gifts they want to give this year.

December 14, 2022 11:07am EST
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Latest News

2026 FIFA World Cup draw recap

2026 FIFA World Cup draw recap

FIFA World Cup draw revealed: Full list of matchups

FIFA World Cup draw revealed: Full list of matchups

FIFA to unveil when, where all 104 World Cup 2026 matches will be played on Saturday

FIFA to unveil when, where all 104 World Cup 2026 matches will be played on Saturday

FIFA World Cup 2026 Draw: What time, how to watch & more

FIFA World Cup 2026 Draw: What time, how to watch & more

2 Philadelphia police officers hurt in crash with SmartCar in Hunting Park

2 Philadelphia police officers hurt in crash with SmartCar in Hunting Park

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Stimulus payment December 2025, IRS direct deposit relief payment & tariff dividend fact check

Stimulus payment December 2025, IRS direct deposit relief payment & tariff dividend fact check

New mutated flu strain ‘subclade K’ raises concerns as cases spread

New mutated flu strain ‘subclade K’ raises concerns as cases spread

Delco residents face 19% tax hike in 2026

Delco residents face 19% tax hike in 2026

3 Delaware high school students charged after loaded gun found in teen's backpack: police

3 Delaware high school students charged after loaded gun found in teen's backpack: police

Philadelphia gears up for World Cup: $770M economic boost expected

Philadelphia gears up for World Cup: $770M economic boost expected

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