Inflation rose last month amid weakening job market: How will the Fed respond?
Typically, the Fed would cut its key interest rate when unemployment rises, but it would raise rates — or at least keep them unchanged — in the face of rising inflation.
Typically, the Fed would cut its key interest rate when unemployment rises, but it would raise rates — or at least keep them unchanged — in the face of rising inflation.
Most Americans believe personal choices keep people in poverty, poll finds
A recent poll reveals that most Americans have differing views on the root cause of homelessness, but most think the government doesn’t spend enough to help those in need.
A recent poll reveals that most Americans have differing views on the root cause of homelessness, but most think the government doesn’t spend enough to help those in need.
Americans' support for capitalism drops to new low, poll finds
A recent poll finds that Americans favor small business and free enterprise even though their overall feelings of capitalism has changed compared to past years.
A recent poll finds that Americans favor small business and free enterprise even though their overall feelings of capitalism has changed compared to past years.
States where unemployment claims are increasing the most
The unemployment rate ticked up to 4.3% last month, according to a new jobs report from the Labor Department.
The unemployment rate ticked up to 4.3% last month, according to a new jobs report from the Labor Department.
Unemployment up as employers added just 22,000 jobs last month
The unemployment rate ticked up to 4.3% last month, worse than expected and the highest level since 2021.
The unemployment rate ticked up to 4.3% last month, worse than expected and the highest level since 2021.
Wages are outpacing pandemic-era inflation in these 4 industries
A new Bankrate report shows that while wages are slowly catching up, they still lag behind the surge in prices that began during the pandemic.
A new Bankrate report shows that while wages are slowly catching up, they still lag behind the surge in prices that began during the pandemic.
Kodak says there's 'substantial doubt' it can stay in business
Photography pioneer that filed for bankruptcy in 2012 faces renewed financial challenges.
Photography pioneer that filed for bankruptcy in 2012 faces renewed financial challenges.
Trump's tax law will benefit the rich at the cost of the poor, CBO analysis finds
The Congressional Budget Office estimates that the poorest Americans could lose more income annually compared to rich people due to President Donald Trump's tax legislation.
The Congressional Budget Office estimates that the poorest Americans could lose more income annually compared to rich people due to President Donald Trump's tax legislation.
Inflation report: July unchanged; Trump tells Powell lower the rate now
Inflation held steady the last month, though tariffs still threaten growing costs and impacts.
Inflation held steady the last month, though tariffs still threaten growing costs and impacts.
Sluggish summer in Sin City: Las Vegas sees big drop in tourists
The Las Vegas Convention and Visitors Authority saw a double-digit decline in visitors in June compared to the same time last year.
The Las Vegas Convention and Visitors Authority saw a double-digit decline in visitors in June compared to the same time last year.
Fed leaves interest rates unchanged despite Trump demands
The Federal Reserve voted to leave its short-term interest rate unchanged as expected, despite mounting pressure from President Donald Trump to lower them.
The Federal Reserve voted to leave its short-term interest rate unchanged as expected, despite mounting pressure from President Donald Trump to lower them.
Tariff rebate check: What Trump said and what we know
President Trump told reporters this week that he is considering a tariff rebate check. Here’s what he said and what we know.
President Trump told reporters this week that he is considering a tariff rebate check. Here’s what he said and what we know.
Summer spending stays strong despite trade tensions, experts say
Retail sales may be fluctuating, but experts say deal-hungry consumers are keeping the summer economy surprisingly resilient.
Retail sales may be fluctuating, but experts say deal-hungry consumers are keeping the summer economy surprisingly resilient.
UPS delivery drivers offered buyouts amid 'unique circumstances'
UPS is offering a voluntary separation package to full-time U.S. drivers amid a major network reconfiguration.
UPS is offering a voluntary separation package to full-time U.S. drivers amid a major network reconfiguration.
June CPI inflation report: Which prices changed the most last month
Inflation in the U.S. rose last month to its highest level since February, reversing several months of cooling prices. Here's a look at what prices changed the most.
Inflation in the U.S. rose last month to its highest level since February, reversing several months of cooling prices. Here's a look at what prices changed the most.
Indeed, Glassdoor cutting jobs as artificial intelligence utilization grows
About 1,300 people will lose their jobs in layoffs at Indeed and Glassdoor.
About 1,300 people will lose their jobs in layoffs at Indeed and Glassdoor.
Trump says he's imposing new 30% tariffs on EU, Mexico
President Donald Trump announced a new round of tariffs on Mexico and the European Union, two of America’s biggest trading partners.
President Donald Trump announced a new round of tariffs on Mexico and the European Union, two of America’s biggest trading partners.
Trump threatens 35% tariff on Canadian goods over dangerous cross-border fentanyl dispute
President says additional tariff on imports will go into effect Aug. 1.
President says additional tariff on imports will go into effect Aug. 1.
Here's how many Americans have a side hustle -- and what they're doing
Taking on a second job for extra cash is a way of life for many, and these industries are the ones people are choosing based on a new study.
Taking on a second job for extra cash is a way of life for many, and these industries are the ones people are choosing based on a new study.
Trump announces 25% tariffs on Japan and South Korea
The president warned both countries that if they retaliate with their own tariffs, the U.S. would further increase import taxes.
The president warned both countries that if they retaliate with their own tariffs, the U.S. would further increase import taxes.