What is the consumer price index and how is it used to measure inflation?
The Consumer Price Index (CPI) measures the change in prices paid by consumers for goods and services and is often used as a way to gauge inflation.
The Consumer Price Index (CPI) measures the change in prices paid by consumers for goods and services and is often used as a way to gauge inflation.
NY couple tries to launder billions of stolen cryptocurrency, feds claim
A New York couple was arrested Tuesday on charges of conspiring to launder billions of dollars in cryptocurrency that was stolen in a 2016 hack.
A New York couple was arrested Tuesday on charges of conspiring to launder billions of dollars in cryptocurrency that was stolen in a 2016 hack.
Gas prices reach 7-year high
The average price for a gallon of gasoline in the U.S. hit a seven-year high, according to AAA.
The average price for a gallon of gasoline in the U.S. hit a seven-year high, according to AAA.
Philanthropist MacKenzie Scott donates $133.5 million to education nonprofit
Billionaire philanthropist MacKenzie Scott donated over $130 million to an education nonprofit that helps students at risk. The financial gift is the largest donation ever given to the organization.
Billionaire philanthropist MacKenzie Scott donated over $130 million to an education nonprofit that helps students at risk. The financial gift is the largest donation ever given to the organization.
US job growth soars past expectations with 467,000 added, shaking off omicron surge
U.S. job growth blew past expectations in January, as the economy brushed off a record-breaking surge in COVID-19 cases nationwide that threatened to sideline millions of workers and kept many consumers at home.
U.S. job growth blew past expectations in January, as the economy brushed off a record-breaking surge in COVID-19 cases nationwide that threatened to sideline millions of workers and kept many consumers at home.
Starbucks to raise menu prices to offset inflation
The Seattle-based coffee franchise had already raised prices — once in October 2021 and December 2021 — but inflation woes and labor issues have forced the company to hike prices once again.
The Seattle-based coffee franchise had already raised prices — once in October 2021 and December 2021 — but inflation woes and labor issues have forced the company to hike prices once again.
Home Depot to hire over 100,000 employees in spring hiring blitz
Home Depot is planning to hire more than 100,000 employees ahead of the spring season.
Home Depot is planning to hire more than 100,000 employees ahead of the spring season.
National debt tops $30 trillion
Treasury Department data shows new milestone as government spending continues to soar
Treasury Department data shows new milestone as government spending continues to soar
Valentine's Day 2022: Spending expected to near $24B
More than half of U.S. consumers are planning to celebrate Valentine's Day despite rising inflation.
More than half of U.S. consumers are planning to celebrate Valentine's Day despite rising inflation.
Expecting a tax refund from the IRS? Here's how long it could take
Nearly three-quarters of filers received a tax refund last year, with an average payment of about $2,800, the IRS said recently – a major influx of money for most households that many Americans depend on.
Nearly three-quarters of filers received a tax refund last year, with an average payment of about $2,800, the IRS said recently – a major influx of money for most households that many Americans depend on.
Veteran wins $4M lottery using fortune cookie numbers ‘on a whim’
“We started running around the house,” winner Gabriel Fierro said, “screaming like a bunch of banshees.”
“We started running around the house,” winner Gabriel Fierro said, “screaming like a bunch of banshees.”
Rare US silver dollar coin sold for $12M by Las Vegas man
GreatCollections Coin Auctions bought a rare silver dollar coin from a Las Vegas man for $12 million with experts saying the coin dates back to 1794.
GreatCollections Coin Auctions bought a rare silver dollar coin from a Las Vegas man for $12 million with experts saying the coin dates back to 1794.
Cryptocurrency and taxes: IRS has watchful eye as trading increases, what to know
For this who traded cryptocurrency for the first time last year: take your tax prep seriously, professionals warn.
For this who traded cryptocurrency for the first time last year: take your tax prep seriously, professionals warn.
You could see a lower tax refund this year, and this is why
With tax season quickly approaching, some families should prepare for lower-than-normal tax returns due to changes from the American Rescue Act.
With tax season quickly approaching, some families should prepare for lower-than-normal tax returns due to changes from the American Rescue Act.
Michigan woman collects $3M lottery prize after checking spam folder
Laura Spears, 55, said she saw the e-mail that she had won the prize while looking for a missing e-mail in her spam folder.
Laura Spears, 55, said she saw the e-mail that she had won the prize while looking for a missing e-mail in her spam folder.
IRS: Tax-filing season begins on Monday
Tax filing season begins Monday and the IRS is advising you to file as soon as possible.
Tax filing season begins Monday and the IRS is advising you to file as soon as possible.
IRS to start requiring facial recognition scans to access tax returns
Privacy advocates warn the practice is invasive
Privacy advocates warn the practice is invasive
Unemployment claims climb to 286,000, the most since October
Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid-October, the Labor Department reported Thursday.
Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid-October, the Labor Department reported Thursday.
Navient cancels $1.7 billion in student loans following settlement
Navient, a major student loan servicing company, has settled allegations of abusive lending practices for $1.85 billion.
Navient, a major student loan servicing company, has settled allegations of abusive lending practices for $1.85 billion.
US Army offering $50K bonuses to recruits amid ongoing COVID-19 pandemic
The U.S. Army, for the first time, is offering a maximum enlistment bonus of $50,000 to highly skilled recruits who sign up for six years.
The U.S. Army, for the first time, is offering a maximum enlistment bonus of $50,000 to highly skilled recruits who sign up for six years.