Noel Hendrickson/Getty Images (NEW YORK) — Price hikes have battered the U.S. economy for months, straining household budgets and prompting an aggressive series of rate hikes from the Federal Reserve. Inflation has sent prices sky high for just about everything: groceries, gas and rent, among other essentials. But some goods are getting hit harder by […]

Michael Godek/Getty Images (NEW YORK) — The national average price for a gallon of gas fell below $4 on Thursday for the first time since early March, according to AAA data. The milestone was reached after more than 55 consecutive days of declining prices at the pump. The national average price for a gallon of […]

Tetra Images/Getty Images (NEW YORK) — Inflation data released on Wednesday revealed that price increases slowed in July, easing the strain on household budgets as the Federal Reserve fights inflation with a series of borrowing cost hikes. While still elevated, price hikes waned from the near-historic pace reached in June, giving hope to policymakers and […]

Javier Ghersi/Getty Images (NEW YORK) — Inflation continues to be the top economic concern for most Americans. In July, the consumer price index rose 8.5% compared with the same month a year prior. While still high, the inflation rate eased from the near-historic pace in June. Eighty-two percent of Americans are worried about the negative […]

Tetra Images/Getty Images (NEW YORK) — Inflation data released on Wednesday revealed that price increases slowed in July, easing the strain on household budgets as the Federal Reserve fights inflation with a series of borrowing cost hikes that in theory should slow down the economy, slash demand and cut prices. While still elevated, price hikes […]

Tetra Images/Getty Images (NEW YORK) — Inflation data set for release Wednesday will show whether sky-high price increases accelerated or waned in July. The new data arrives as costs strain household budgets, and the Federal Reserve tries to dial back inflation with a series of interest rate hikes that in theory should slow down the […]

James Marshall/Getty Images (NEW YORK) — Wild swings in the share price of a largely unknown Hong Kong-based fintech company in recent days have reminded some analysts and traders of the “meme stock” craze, which grabbed headlines and stoked controversy early last year. On Tuesday, the stock price of online financial services company AMTD Digital […]

Catherine McQueen/Getty Images (WASHINGTON) — The U.S. hiring saw a dramatic increase in July, as the economy added 528,000 jobs and the unemployment rate fell to 3.5%, according to data released by the Bureau of Labor Statistics on Friday. The report defied expectations of a hiring slowdown as the Federal Reserve carries out a fight […]

Catherine McQueen/Getty Images (NEW YORK) — Wall Street will be closely watching the new U.S. employment data on Friday, the latest sign of whether the U.S. economy is entering a recession as the Federal Reserve carries out a fight against inflation that aims to slash demand by slowing the economy. Resilient hiring in recent months […]

nycshooter/Getty Images (ST. LOUIS) — Nearly 2,500 Boeing workers at three St. Louis-area facilities on Wednesday accepted a contract offer from the plane manufacturer after calling off a strike planned for earlier this week. In recent weeks, a dispute over the three-year contract centered on retirement compensation. Workers last Sunday rejected an offer that fell […]


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