US inflation slowed to 7.1% over past 12 months
This is the fifth straight month with a slowdown.
This is the fifth straight month with a slowdown.
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 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.
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.
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.
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.
Shortly before Thursday's votes, Biden defended the contract that four of the rail unions had rejected.
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.
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.
With inflation running near the highest level in 40 years, Republican and Democratic leaders in some states are offering stimulus payments to residents.
Black Friday taking a back seat to Small Business Saturday this year
Inflation is shifting consumers' and retailers' behavior.
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.
American consumers and nearly every industry will be affected if freight trains grind to a halt next month. Here's what to expect.
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.
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.
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%.
One city, in particular, is seeing the highest inflation rate in the country, still above 12%.
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.
Consumer inflation reached 7.7% in October from a year earlier and 0.4% from September, the Labor Department said Thursday.
How steep interest rate hikes impact your finances
Mortgage rates continue to jump, home sales slump and credit cards and auto loans increase.
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.
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.
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.
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.
More than 64 million Americans collecting Social Security will receive the bigger payments beginning in January, the administration said.
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.
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.
Midterm Election 2022: Where DMV candidates stand on inflation, economy
As we near Election Day, FOX 5 is breaking down the issues that matter most to voters, including a hot-button issue that is impacting almost every single American voter – inflation and the economy.
As we near Election Day, FOX 5 is breaking down the issues that matter most to voters, including a hot-button issue that is impacting almost every single American voter – inflation and the economy.
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.
The changes are meant to help Americans whose earnings haven’t kept up with the increased cost of living.