Inflation relief checks going to residents in these states. See if you qualify

With inflation running near the highest level in 40 years, Republican and Democratic leaders in some states are offering stimulus payments to residents.

First Lady Dr. Jill Biden kicks off National Apprenticeship Week in Chicago

The first lady spent Monday afternoon in Chicago and the suburbs to highlight the Biden-Harris Administration's push to strengthen the economy and build pathways to jobs through apprenticeships, career-connected learning and community colleges.

US consumer inflation slowed to 7.7% in October

Consumer inflation reached 7.7% in October from a year earlier and 0.4% from September, the Labor Department said Thursday.

Aldi matching 2019 Thanksgiving prices

From free turkeys to major discounts, grocery stores are prepping for a Thanksgiving set against surging inflation.

IRS inflation adjustment could lower your tax bill in 2023

The changes are meant to help Americans whose earnings haven’t kept up with the increased cost of living.

Biden to release up to 15 million barrels of oil from strategic reserve

President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve Wednesday as part of a response to recent production cuts announced by OPEC+ nations.

Social Security benefits to jump by 8.7% in 2023

The Social Security cost-of-living adjustment means the average recipient will receive more than $140 a month starting in January.

Biggest Social Security cost-of-living increase in decades expected this week

Roughly 70 million Americans are likely to see a notable boost in their monthly checks. Here’s what to know ahead of the expected COLA increase announcement this week.

More couples are asking wedding guests to help buy a home, experts say

The wedding experts at Zola.com (http://zola.com/) said they’ve seen the number of couples asking for housing-related funds double since 2019.

Butter shortage drives up prices ahead of holiday baking season

The average price of butter in August jumped 24.6% compared to a year ago, U.S. labor statistics show. Here’s what is driving the increase.

Fed hikes rate by three-quarters of a point in continued fight against inflation

The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.

Typical monthly payment for a new vehicle hits record $743

The new-car market has been hit by the semiconductor shortage and supply chain disruptions for over a year, resulting in lower production and higher prices.

Inflation falls for 2nd consecutive month on lower gas prices

Inflation has driven up the costs of families’ grocery bills, rents, and utility costs, placing hardships on households and increasing gloom about the economy despite job growth and low unemployment.