Rail strike could close plants, upend economy, chemicals industry warns
It’s looking increasingly likely that Congress will have to step in to settle a dispute between railroads and unions because the economic stakes are so high.
Texas mother shares secrets to making $5 dinners every night
As inflation has driven up food prices by 10% this year, Erin Chase, author of 5 Dollar Dinners shares her secrets to saving on groceries.
Amazon plans to lay off 10,000 employees: report
Amazon reportedly plans to lay off 10,000 corporate and technology employees as soon as this week. The move would mark the largest job cut in Amazon's history.
Inflation slowdown? Not in some cities, where consumer prices still top 12%
One city, in particular, is seeing the highest inflation rate in the country, still above 12%.
Student loan forgiveness halted, Milwaukee borrowers voice concerns
The Biden administration's student loan forgiveness plan has come to a halt again, this time after a federal judge in Texas blocked the policy Thursday.
US consumer inflation slowed to 7.7% in October
Consumer inflation reached 7.7% in October from a year earlier and 0.4% from September, the Labor Department said Thursday.
Potential railroad strike pushed back until early December
Previously, a Nov. 19 strike deadline hung over the talks, but the union that represents track maintenance workers agreed to delay any action until next month.
Inflation causes largest pay cut for Americans in 25 years, data shows
As Americans see their purchasing power get squeezed out by inflation, here's what you can do to stay on track.
How steep interest rate hikes impact your finances
Mortgage rates continue to jump, home sales slump and credit cards and auto loans increase.
Federal Reserve raises interest rate by three-quarters of a point
The Fed’s move raised its key short-term rate to a range of 3.75% to 4%, its highest level in 15 years.
Aldi matching 2019 Thanksgiving prices
From free turkeys to major discounts, grocery stores are prepping for a Thanksgiving set against surging inflation.
US diesel supplier warns businesses to prepare for shortages, higher prices for consumers
The company suggests being aware of tank levels and not 'panic buying' fuel.
Social Security benefits to rise by record amount in 2023: Check how much money you could receive
More than 64 million Americans collecting Social Security will receive the bigger payments beginning in January, the administration said.
Toyota to limit smart keys to 1 per new vehicle sold, due to semiconductor shortage
In an effort to ration semiconductors, Toyota Motor Corp. reportedly announced Thursday that it would replace one of the two "smart" keys it delivers in Japan with a mechanical one.
Prices on new, used vehicles finally begin to creep down from inflated highs
Even with the average price of new and used vehicles beginning to ease, auto purchases remain unaffordable for many, with average prices still 30% to 50% above where they were in early 2020.
Good news: Student loan refinance rates edge down for 10-year fixed-rate loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
IRS inflation adjustment could lower your tax bill in 2023
The changes are meant to help Americans whose earnings haven’t kept up with the increased cost of living.
Biden to release up to 15 million barrels of oil from strategic reserve
President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve Wednesday as part of a response to recent production cuts announced by OPEC+ nations.
Chevrolet Corvette production idled again due to parts shortage
The sports car output has been hampered by supply chain issues.
Social Security benefits to jump by 8.7% in 2023
The Social Security cost-of-living adjustment means the average recipient will receive more than $140 a month starting in January.