Fed raises interest rates by half-point, the most since 2000
The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.
The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.
Biden highlights deficit progress to counter criticism on US economy
The president is placing a renewed emphasis on reducing the deficit — which is the gap between what the nation spends and what it takes in — in order to blunt Republican criticism.
The president is placing a renewed emphasis on reducing the deficit — which is the gap between what the nation spends and what it takes in — in order to blunt Republican criticism.
Price of diesel hits all-time high, straining the trucking industry
A gallon of diesel hit $5.296 on Sunday, according to AAA.
A gallon of diesel hit $5.296 on Sunday, according to AAA.
What is a recession, and should Americans be worried?
Recessions are notoriously hard to predict – but here's what to know about them
Recessions are notoriously hard to predict – but here's what to know about them
US economy shrank by 1.4% in Q1 despite solid consumer spending
Despite the weak showing, most economists expect a rebound in the April-June quarter as solid hiring and wage gains sustain growth.
Despite the weak showing, most economists expect a rebound in the April-June quarter as solid hiring and wage gains sustain growth.
Fuel prices: How they impact the 2022 boating season
Over the past two years, demand for boat slips has 'gone up considerably.'
Over the past two years, demand for boat slips has 'gone up considerably.'
Inflation woes: These price increases are hitting Americans the hardest
The highest level of inflation in over 40 years is hitting Americans hardest in areas where it’s difficult to make cuts.
The highest level of inflation in over 40 years is hitting Americans hardest in areas where it’s difficult to make cuts.
Baby formula shortage: Stores limit sales as major brands sell out nationwide
As of mid-March, about 29 percent of popular baby formula brands were sold out across the U.S., according to one analysis.
As of mid-March, about 29 percent of popular baby formula brands were sold out across the U.S., according to one analysis.
Why Biden is waiving rule on higher levels of ethanol in gas this summer
President Joe Biden says his administration will suspend a federal rule that bars higher levels of ethanol in gasoline during the summer.
President Joe Biden says his administration will suspend a federal rule that bars higher levels of ethanol in gasoline during the summer.
Walmart offering new truckers starting salary of up to $110,000
Walmart truck drivers could previously make an average of $87,500 in their first year
Walmart truck drivers could previously make an average of $87,500 in their first year
Deutsche Bank predicts US recession in 2023 due to Fed rate hikes
Deutsche Bank is the first major financial institution to predict a recession due to rising inflation and the Federal Reserve's hawkish plan to tame it.
Deutsche Bank is the first major financial institution to predict a recession due to rising inflation and the Federal Reserve's hawkish plan to tame it.
Biden ‘has not ruled out’ canceling student loan debts, White House says
Press Secretary Jen Psaki made the comment the same day the Biden administration announced plans to freeze federal student loan payments through Aug. 31
Press Secretary Jen Psaki made the comment the same day the Biden administration announced plans to freeze federal student loan payments through Aug. 31
Best companies 2022: Linkedin unveils list of top companies to work for, Amazon ranks no. 1
Linkedin released its list of the top 50 companies to work with Amazon claiming the top spot. Here's a look at where other companies ranked.
Linkedin released its list of the top 50 companies to work with Amazon claiming the top spot. Here's a look at where other companies ranked.
The best and worst times to buy a car amid EV trends and supply-chain woes
If you’re planning to buy a car — new, used, electric, or hybrid — here are some things to consider before making your purchase, according to a car-buying expert.
If you’re planning to buy a car — new, used, electric, or hybrid — here are some things to consider before making your purchase, according to a car-buying expert.
March jobs report 2022: US added 431,000 jobs in sign of economic health
The U.S. added 431,000 jobs in March 2022 in a sign of a resilient economy — as unemployment fell to a pandemic low of 3.6%.
The U.S. added 431,000 jobs in March 2022 in a sign of a resilient economy — as unemployment fell to a pandemic low of 3.6%.
Corn could be the answer to high gas prices
Under the Home Front Energy Independence Act, ethanol fuel would be produced and sold year-round in the U.S. instead of only during the summer months. The proposal aims to further decrease dependence on Russian petroleum exports over its war on Ukraine.
Under the Home Front Energy Independence Act, ethanol fuel would be produced and sold year-round in the U.S. instead of only during the summer months. The proposal aims to further decrease dependence on Russian petroleum exports over its war on Ukraine.
Federal government sets new 40 mpg fuel standard for all vehicles sold in U.S. beginning in 2026
The change uproots standards set by the Trump administration that required new vehicles get just over 24 miles per gallon.
The change uproots standards set by the Trump administration that required new vehicles get just over 24 miles per gallon.
Chicken breast, ground beef, pork prices set to surge higher
Most protein prices are forecasted to increase "substantially" due to higher feed costs.
Most protein prices are forecasted to increase "substantially" due to higher feed costs.
Average US gas price drops 6 cents to $4.37 over 2 weeks
The price at the pump is $1.42 higher than it was a year ago.
The price at the pump is $1.42 higher than it was a year ago.
Delaware officials plan for $300 payments to taxpayers
Delaware officials say they are planning to send $300 in direct payments to taxpayers in the state as part of a plan for using a budget surplus when inflation is rising and gas prices are high.
Delaware officials say they are planning to send $300 in direct payments to taxpayers in the state as part of a plan for using a budget surplus when inflation is rising and gas prices are high.