Inflation rises 2.9% in July, less than expected
Inflation fell in July to the lowest level in more than three years, a welcome sign for the Federal Reserve even as prices remained uncomfortably high for millions of Americans.
Inflation is down and you deserve some of the credit, economists say
Americans' refusal to keep paying higher prices may be dealing a final blow to the country’s inflation problem.
To fight inflation, more Americans are using digital coupons and scoring big savings
Saving money is top of mind for budget-stretched Americans as prices continue to rise at the grocery store and beyond. Digital coupons are proving a saving grace for many.
Stocks tumble as Dow, S&P 500 close out worst day since 2022
The Dow Jones Industrial Average tumbled 1,033.99 points, or 2.6%, while the Nasdaq Composite and S&P 500 fell 3.43% and 3%, respectively. The Dow and S&P 500 closed out their worst day since September 2022.
Dow drops 1K points, Japanese stocks suffer worst crash since 1987
Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.
Study ranks US states with most financially-distressed residents
WalletHub's recent study reveals the U.S. states with the most financially-distressed residents, highlighting surprising trends and economic struggles. Michigan tops the list, followed closely by Texas and Nevada.
US national debt tops $35 trillion, hitting new record
The U.S. gross national debt hit $35,001,278,179,208.67 on Monday, according to the Treasury Department.
Bosses admit that return-to-office mandates were meant to make staff quit
Bosses implemented return-to-office mandates hoping their workers would quit
Great Resignation 2.0 could be on the horizon, with 3 in 10 workers planning to quit in 2024, survey shows
Low pay, desire for better benefits and search for less stressful work are some reasons behind the shift.
Social Security just announced a change for millions of beneficiaries
Millions of Social Security recipients must switch to a new Login.gov portal to continue accessing their online account information, as announced by the Social Security Administration.
US corporate bankruptcy filings surge – here are the business types that led
The number of U.S. corporate bankruptcy filings so far in 2024 is “higher than any comparable figure in the prior 13 years," according to data from S&P Global Market Intelligence.
Inflation unexpectedly fell to 3% in June
The consumer price index (CPI), a broad measure of how much everyday goods like gasoline, groceries and rent cost, dropped 0.1% in June from the previous month. It marked the first monthly decline since May 2020.
California family's $444 receipt from Trader Joe's goes viral on social media: 'Insane'
The $444 grocery haul feeds a family of 8 for around 10 days, the video claims.
U.S. unemployment rate rises to 4.1% with 206,000 jobs added in June
U.S. employers added 206,000 jobs in June, exceeding expectations, with the unemployment rate rising to 4.1%, while April and May job data was revised down, average hourly earnings increased by 3.9%, and hiring was strong in government, social assistance, and health care, influencing potential Federal Reserve rate cuts.
John Deere announces mass layoffs in Midwest amid production shift to Mexico
John Deere is reportedly slashing positions for hundreds of employees in the Midwest by the end of summer.
Major retailers closing doors amid inflation, lower consumer demand
Major retail chains are being forced to close thousands of brick-and-mortar stores across the U.S., with a number of reasons cited for the shutdowns.
Here's who's hiring teens this summer – and which jobs pay the best
Young workers account for about a third of all new hires each June. Here's which jobs hire the most teens – and which ones pay the most.
States with the best and worst economies in 2024
Where did your state rank in WalletHub’s list of the best and worst economies?
Orange juice makers consider using alternative fruit as prices skyrocket
Orange juice makers are getting squeezed by high prices
Biden releasing 1M oil barrels to combat summer gas prices
In an effort to lower gas prices ahead of the busy summer travel season, the Biden administration announced the release of 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy.