Gas prices dip below $4 a gallon, here's why it still could be bad news for Biden
Gas prices continue to decline from a record-high national average of over $5 per gallon last month, dipping just before $4 per gallon for the first time since March.
Inflation is still wiping out the average American's wage gains
Although the historically tight labor market is fueling big wage increases for American workers, those gains are being wiped out by the highest inflation in decades.
July inflation breakdown: Where are higher prices hitting Americans the hardest?
Consumer inflation remained near a multi-decade high in July as the price everyday goods like food, rent and used cars marched higher, the Labor Department said.
Inflation climbed 8.5% in July as prices cool but remain near record high
Painfully high inflation persisted in July as the consumer price index hovered near a 40-year high, continuing to create financial pressure for millions of U.S. households.
Hungarian inflation soars to record high as central bank raises interest rates
Hungarian inflation rose at the fastest rate in nearly twenty-five years as consumer food prices continue to soar amid hikes in interest rates.
Dollar tumbles after cooler-than-expected US inflation data
U.S. consumer prices did not rise in July as the cost of gasoline plunged, delivering the first notable sign of relief for Americans. The dollar fell more than 1% on the data.
LNG traders absorb huge losses after supply outages
Major energy traders are losing hundreds of millions of dollars as they scramble to plug a liquefied natural gas supply gap after serval outages prevented efforts to fill storage.
Home listings surge at record rate as housing market starts to cool
Active home listings climbed more than 30% in July, evidence that higher mortgage rates are starting to cool consumer demand for new houses, a new report showed.
Small business sentiment hovers near historic low as inflation rages
Small business optimism rose slightly in June but is still hovering close to a historic low as owners confront rampant inflation and a persistent worker shortage.
Can you shop at Costco without a membership? A breakdown of the retail giant's membership plans
Costco is a retail warehouse that allows customers to purchase items at discounted prices as long as they sign up for an annual membership.
Job growth surged in July, recovering all employment lost during pandemic
The employment report from July showed job gains were significantly higher than economists expected.
July jobs breakdown: Which industries hired the most workers last month?
U.S. job growth unexpectedly accelerated in July, with the leisure and hospitality industry leading the way in hiring, according to new Labor Department data.
Labor Secretary Marty Walsh: 'None' of the inflationary pressures caused by Biden admin
Labor Secretary Marty Walsh explained the moves the Biden administration has taken to try and lower costs for Americans as inflation sits at a four-decade high.
July jobs report expected to show hiring dwindled as labor market cools off
The Labor Department's July employment report is expected to show that U.S. job growth cooled off last month as companies pulled back on hiring amid record-high inflation.
Gas prices drop amid wavering consumer demand, AAA says
Gas prices fell last week as consumer demand dropped from last year, and this downward trend could continue in the coming weeks, according to AAA.
Older Americans more concerned with inflation, cut back on spending: report
Older Americans are concerned with inflation and cutting back on spending, a new report claims. Here are a few ways you could save.
Republican states are planning an all-out assault on woke banks: 'We won’t do business with you'
Republican states are preparing policies seeking to hit back at banks and financial institutions that have pledged to boycott fossil fuel investments as part of their green agenda.
Jobless claims climb again, hovering near 8-month high
New applications for unemployment benefits ticked higher last week, evidence that the historically tight labor market is starting to loosen amid record-high inflation.
Port of Los Angeles says operations much better: 'We don't expect a backlog of ships'
The Port of Los Angeles said Tuesday that operations are much better right now than earlier this year. The U.S was hit by supply chain disruptions in November.
These are the top retirement income concerns for many older Americans, according to a survey
In a recent survey, many older Americans said inflation is changing their retirement plans.


















