FTC launching investigation into consistently high grocery store prices
If you've noticed that your grocery bills are still staggeringly high, you're not alone. The federal government is also asking why consumers are still paying so much for basic necessities, even as the economy is improving.
If you've noticed that your grocery bills are still staggeringly high, you're not alone. The federal government is also asking why consumers are still paying so much for basic necessities, even as the economy is improving.
Americans owe record $1.3 trillion in credit card debt
Credit card debt has reached record levels in the U.S., a troubling sign that consumers are increasingly relying on credit cards to cover everyday costs.
Credit card debt has reached record levels in the U.S., a troubling sign that consumers are increasingly relying on credit cards to cover everyday costs.
Economist urges Fed to meet 'now' to cut rates as stocks tumble: It's a 'frightening time'
Economist Stephen Moore urged the Federal Reserve to address falling commodity prices and shift from inflation concerns to deflation, while Fed Chairman Jerome Powell indicated a potential rate cut if inflation cools, amidst a market meltdown driven by recession fears.
Economist Stephen Moore urged the Federal Reserve to address falling commodity prices and shift from inflation concerns to deflation, while Fed Chairman Jerome Powell indicated a potential rate cut if inflation cools, amidst a market meltdown driven by recession fears.
Dow drops 1K points, Japanese stocks suffer worst crash since 1987
Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.
Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.
Dow, S&P 500, Nasdaq have worst session since 2022
U.S. stocks registered the worst session since 2022 after a string of weak economic reports jolted investor fears that a recession may be brewing.
U.S. stocks registered the worst session since 2022 after a string of weak economic reports jolted investor fears that a recession may be brewing.
Study ranks US states with most financially-distressed residents
WalletHub's recent study reveals the U.S. states with the most financially-distressed residents, highlighting surprising trends and economic struggles. Michigan tops the list, followed closely by Texas and Nevada.
WalletHub's recent study reveals the U.S. states with the most financially-distressed residents, highlighting surprising trends and economic struggles. Michigan tops the list, followed closely by Texas and Nevada.
Lawmakers introduce bipartisan bill to reduce skyrocketing childcare costs
Over the last three decades, childcare costs have increased 220-percent - and wages have simply not kept up.
Over the last three decades, childcare costs have increased 220-percent - and wages have simply not kept up.
Federal Reserve sees progress with inflation, hinting that a rate cut is near
The Federal Reserve said progress was made to lower inflation, suggesting that the central bank is moving closer to cutting its key interest rate for the first time in four years.
The Federal Reserve said progress was made to lower inflation, suggesting that the central bank is moving closer to cutting its key interest rate for the first time in four years.
Here's how many Americans admit to shoplifting, and where they do it most often
The majority of Americans who admitted to recently shoplifting said inflation and finances were a factor in their decision.
The majority of Americans who admitted to recently shoplifting said inflation and finances were a factor in their decision.
Starbucks quarterly revenue falls on weak traffic in US and China
Starbucks' revenue fell 1% in the April-June period as customer traffic weakened in the U.S. and China.
Starbucks' revenue fell 1% in the April-June period as customer traffic weakened in the U.S. and China.
US national debt tops $35 trillion, hitting new record
The U.S. gross national debt hit $35,001,278,179,208.67 on Monday, according to the Treasury Department.
The U.S. gross national debt hit $35,001,278,179,208.67 on Monday, according to the Treasury Department.
Parents say schools asking too much for back-to-school supplies: Survey
Parents are expected to spend billions of dollars collectively on back-to-school shopping this year.
Parents are expected to spend billions of dollars collectively on back-to-school shopping this year.
US economic growth increased last quarter to a healthy 2.8% annual rate
The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates.
The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates.
Bosses admit that return-to-office mandates were meant to make staff quit
Bosses implemented return-to-office mandates hoping their workers would quit
Bosses implemented return-to-office mandates hoping their workers would quit
Americans are falling behind on their car payments, data shows
Recent data from auto experts shows that Americans are struggling with car payments, with the number of defaults industrywide up in the first half of 2024.
Recent data from auto experts shows that Americans are struggling with car payments, with the number of defaults industrywide up in the first half of 2024.
Great Resignation 2.0 could be on the horizon, with 3 in 10 workers planning to quit in 2024, survey shows
Low pay, desire for better benefits and search for less stressful work are some reasons behind the shift.
Low pay, desire for better benefits and search for less stressful work are some reasons behind the shift.
Peacock raises its prices -- here's what subscribers will now pay
Customers will see a new change on their monthly bills after Peacock’s latest rate hike. Here’s what you need to know.
Customers will see a new change on their monthly bills after Peacock’s latest rate hike. Here’s what you need to know.
New 401(k) rule makes it easier to tap savings for emergencies
A new law has made it easier for Americans to tap their 401(k)s and other retirement accounts for emergency funds as they continue to battle high inflation.
A new law has made it easier for Americans to tap their 401(k)s and other retirement accounts for emergency funds as they continue to battle high inflation.
Social Security just announced a change for millions of beneficiaries
Millions of Social Security recipients must switch to a new Login.gov portal to continue accessing their online account information, as announced by the Social Security Administration.
Millions of Social Security recipients must switch to a new Login.gov portal to continue accessing their online account information, as announced by the Social Security Administration.
IRS issues warning to taxpayers
The Internal Revenue Service is issuing a warning to taxpayers about a new scam on their radar that could cost you time and money.
The Internal Revenue Service is issuing a warning to taxpayers about a new scam on their radar that could cost you time and money.