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.
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.
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.
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.
US inflation slowed to 7.1% over past 12 months
This is the fifth straight month with a slowdown.
Average price of gas plunges to cheapest in over a year
While the White House was quick to point out the latest numbers, AAA says seasonality is the main cause — and not everyone is seeing cheaper gas.
These US states are raising minimum wage in 2023, with 4 above $15
More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour.
More Americans getting a second job as high inflation rages
High inflation is pushing more Americans to take on a side hustle.
Rail workers say deal to avoid strike won't resolve quality-of-life concerns
Workers and their unions say the deal doesn't do enough to address their quality-of-life concerns and doesn't add any sick days.
Rail strike averted: Milwaukee's water could've been impacted
Milwaukee Water Works relies on raw materials, transported via rail, to treat the city's water supply. A strike could've caused trouble for treatment plants.
Senate moves to avert rail strike; bill heads to Biden's desk for signature
Shortly before Thursday's votes, Biden defended the contract that four of the rail unions had rejected.
Fed minutes indicate interest rate increases may slow soon
The Federal Reserve said that reaching its target inflation rate of 2% is more important than the pace of rate hikes, signaling that it may begin to slow the pace of future interest rate increases.
House passes bill to avert railroad strike, impose deal on unions
If an agreement wasn't reached before a Dec. 9 deadline, the unions threatened to strike -- which would have devastating effects on the U.S. economy.
Inflation relief checks going to residents in these states. See if you qualify
With inflation running near the highest level in 40 years, Republican and Democratic leaders in some states are offering stimulus payments to residents.
Biden asks Congress to block potential railroad strike
President Joe Biden is calling on Congress to pass legislation to intervene and block a railroad strike before next month’s deadline in the stalled contract talks.
Cryptocurrency lender BlockFi files for bankruptcy, latest in FTX fallout
BlockFi had been struggling for much of this year but was given a lifeline through FTX -- which went bankrupt last month.
Black Friday taking a back seat to Small Business Saturday this year
Inflation is shifting consumers' and retailers' behavior.
Explainer: Why a rail strike is looming, and the wide impact it'd have on the economy
American consumers and nearly every industry will be affected if freight trains grind to a halt next month. Here's what to expect.
Inflation takes toll on Wisconsin unemployment recipients
Inflation takes a toll on unemployment recipients. With or without inflation, the maximum benefit for Wisconsinites out of work is $370 a week.
Amazon begins mass layoffs among its corporate workforce
Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment.