Corn could be the answer to high gas prices

Under the Home Front Energy Independence Act, ethanol fuel would be produced and sold year-round in the U.S. instead of only during the summer months. The proposal aims to further decrease dependence on Russian petroleum exports over its war on Ukraine.

Nearly 70% of medical debt in collections will be removed from credit reports, bureaus say

The major credit bureaus have updated their rules for sending medical bills to collections, which is expected to remove nearly 70% of medical collections debt from credit reports.

DC pizza shop partners with NFT startup

A new startup is using NFTs to unite Black-owned businesses nationwide. 

Tax law changes could affect PayPal, Venmo, and Cash App users

Millions of small business owners who rely on payment apps like Venmo, PayPal, and Cash App could be subject to a new tax law that just took effect in January. 

Oregon man cashes in forgotten lottery ticket, wins $8.9M

Wilbur Brown of Oregon purchased his winning multi-drawing lottery ticket on Christmas Eve in 2021 and forgot about it until February 2022. That’s when he found out he won the $8.9 million jackpot.

What is shrinkflation? How companies hide inflation without increasing prices

If you haven’t seen a price increase on a product or service you purchased recently, chances are that the company may still be passing along the rising costs to you without the obvious price hikes.

Federal Reserve raises interest rates: What to do now

In order to fight decades-high inflation levels, the Federal Reserve raised rates for the first time since 2018 on Wednesday.

Federal Reserve hikes interest rate to fight inflation, more to come

The Federal Reserve launched a high-risk effort to tame the worst inflation since the 1970s, raising its benchmark short-term interest rate and signaling potentially up to seven rate hikes this year.

Puerto Rico exits bankruptcy after grueling debt negotiation

Puerto Rico’s government formally exited bankruptcy Tuesday, completing the largest public debt restructuring in U.S. history after announcing nearly seven years ago that it was unable to pay its more than $70 billion debt.

Inflation rises to yet another new 40-year high in February

With inflation reaching yet another new 40-year high in February, economists have begun to question the Fed's ability to bring it back down.

Canned pet food shortage continues amid supply chain woes

The canned pet food industry continues to feel the burn as supply chain woes and increases in price leave many pet owners improvising their dog or cat’s next meal.

US inflation soared 7.9% in past year, a fresh 40-year high

Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.