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Americans’ 401(k) and IRA accounts have lost a combined total of about $3.4 trillion since January, according to a new report. The S&P 500 is down about 20% since the...
Federal Reserve chair Jerome Powell says it’s “certainly a possibility” that the central bank’s interest rate hikes to battle inflation could lead to a recession in...
President Joe Biden told reporters he is seriously considering a federal gas tax holiday ahead of the July 4 weekend. On Monday, Biden said he could...
Abbott announced that it had to stop baby formula production less than two weeks after it had resumed at its plant in Sturgis, Michigan. “These torrential...
The Federal Reserve raised interest rates by a staggering 0.75% this week — the largest increase since 1994. Here are 5 ways the rate hike will...
Cryptocurrency exchange Coinbase Global announced that it was laying off approximately 1,100 full-time jobs — about 18% of its workforce. Coinbase CEO and co-founder Brian Armstrong...
Retirees could see a big boost in their Social Security benefits next year. This year, Social Security recipients saw the highest cost of living adjustment in...
Inflation continued to rise last month, setting a new 40-year high as Americans endure skyrocketing prices. The Labor Department said consumer prices rose 8.6% from 12...
As gas prices approach a national average of $5 a gallon, many Americans are looking for ways to save money at the pump. Here are some...
Treasury Secretary Janet Yellen called the current inflation levels in the U.S. “unacceptable.” “We currently face macroeconomic challenges, including unacceptable levels of inflation as well as the...
