US inflation hits 3-year low as Federal Reserve set to cut interest rates

With the cost of goods and services experiencing a slight decline in August, the Federal Reserve may consider cutting its key interest rate soon.

Company plans to track workers' locations in return-to-office crackdown

One of the world's biggest consulting and accounting firms plans to monitor its employees' locations to ensure compliance with a stricter return-to-office policy set to take effect next year. 

August jobs report shows job losses for US-born workers, gains for foreign-born

The August jobs report reveals a sharp contrast in the U.S. job market, with US-born workers losing over 1.3 million jobs in the past year, while foreign-born workers gained more than 1.2 million jobs.

Inflation rises 2.9% in July, less than expected

Inflation fell in July to the lowest level in more than three years, a welcome sign for the Federal Reserve even as prices remained uncomfortably high for millions of Americans.

To fight inflation, more Americans are using digital coupons and scoring big savings

Saving money is top of mind for budget-stretched Americans as prices continue to rise at the grocery store and beyond. Digital coupons are proving a saving grace for many.

Stocks tumble as Dow, S&P 500 close out worst day since 2022

The Dow Jones Industrial Average tumbled 1,033.99 points, or 2.6%, while the Nasdaq Composite and S&P 500 fell 3.43% and 3%, respectively. The Dow and S&P 500 closed out their worst day since September 2022.

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.

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.

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.

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.

US corporate bankruptcy filings surge – here are the business types that led

The number of U.S. corporate bankruptcy filings so far in 2024 is “higher than any comparable figure in the prior 13 years," according to data from S&P Global Market Intelligence.

Inflation unexpectedly fell to 3% in June

The consumer price index (CPI), a broad measure of how much everyday goods like gasoline, groceries and rent cost, dropped 0.1% in June from the previous month. It marked the first monthly decline since May 2020.

U.S. unemployment rate rises to 4.1% with 206,000 jobs added in June

U.S. employers added 206,000 jobs in June, exceeding expectations, with the unemployment rate rising to 4.1%, while April and May job data was revised down, average hourly earnings increased by 3.9%, and hiring was strong in government, social assistance, and health care, influencing potential Federal Reserve rate cuts.