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.
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.
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.
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.
US housing recession could send home prices tumbling 20%, economist says
Home prices have already declined 5% from their May peak.
Home prices have already declined 5% from their May peak.
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.
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.
Redfin predicts sharpest turn in housing market since 2008 crash
After two years of record high sales, data shows the housing market is starting to cool down.
After two years of record high sales, data shows the housing market is starting to cool down.
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.
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.
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.
Is inflation cooling off? It depends where you live
Western states facing inflation rate of 9.6% even as price increases show hint of slowdown.
Western states facing inflation rate of 9.6% even as price increases show hint of slowdown.
Michaels hiring 15K holiday employees ahead of busy retail season
Michaels says it's giving holiday hires more earning potential.
Michaels says it's giving holiday hires more earning potential.
US hiring slowed in August as employers face high inflation, sluggish spending
The economy added 315,000 jobs last month, down from 526,000 in July and below the average gain of the previous three months.
The economy added 315,000 jobs last month, down from 526,000 in July and below the average gain of the previous three months.
Bed Bath & Beyond to close stores, lay off workers in attempt to reverse losses
Bed Bath & Beyond says that it will shutter stores and lay off workers in a bid to turn around its beleaguered business.
Bed Bath & Beyond says that it will shutter stores and lay off workers in a bid to turn around its beleaguered business.
Steak prices decline on waning demand
The cost of steak is on the decline while ground beef prices remain elevated as consumers adjust their protein preferences to escape soaring inflation.
The cost of steak is on the decline while ground beef prices remain elevated as consumers adjust their protein preferences to escape soaring inflation.
Massive rent hikes may finally be coming to an end, economist says
Rent prices are still at an all-time high for many tenants, but data shows asking rent prices have begun to slow.
Rent prices are still at an all-time high for many tenants, but data shows asking rent prices have begun to slow.
Lowe’s to pay $55 million in bonuses for hourly frontline workers amid high inflation
Lowe’s gave seven similar bonuses after the pandemic began in 2020 and 2021.
Lowe’s gave seven similar bonuses after the pandemic began in 2020 and 2021.
Inflation Reduction Act: Biden signs massive climate and health care bill
President Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill, which includes the most substantial federal investment in history to fight climate change.
President Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill, which includes the most substantial federal investment in history to fight climate change.
‘Rich’ people reportedly head to Applebees, IHOP during high inflation
“We perform well during tough times like this,” said parent company Dine Brands chief executive John Peyton told the Post on how inflation has impacted its business.
“We perform well during tough times like this,” said parent company Dine Brands chief executive John Peyton told the Post on how inflation has impacted its business.
US added surprising 528K jobs in July despite inflation, recession fears
The American job market has repeatedly defied skeptics this year. Economists had expected only 250,000 new jobs this month.
The American job market has repeatedly defied skeptics this year. Economists had expected only 250,000 new jobs this month.
Man opens up about leaving teaching for better-paying Walmart job
The 28-year-old man said the chance to move up without getting an advanced degree was one of the motivating factors for him to leave the education field.
The 28-year-old man said the chance to move up without getting an advanced degree was one of the motivating factors for him to leave the education field.
Are we in a recession? The definition of recession explained
Is the U.S. headed for a recession? It depends on who you ask.
Is the U.S. headed for a recession? It depends on who you ask.