Money

The tightest labor market in decades is fueling rapid wage growth for millions of Americans, but sky-high inflation is quickly eroding those gains.

Bobby Van's Steakhouse owner Joseph Smith said that soaring inflation and a rise in crime have caused him to lose millions in business between all his restaurants.

The April inflation report was expected to be a harbinger of good news for the U.S. economy, evidence that sky-high consumer prices had finally started to fall.

A cryptocurrency trader was sentenced to 42 months in prison for defrauding more than 170 victims. Damian Williams, the United States Attorney for the Southern District of New York, announced the sentence.

If you want to track a specific index — like the housing sector — you may want to consider purchasing an ETF or “exchange-traded fund,” which is an investment product that’s a bundle of bonds, stocks or other assets, similar to a mutual fund.

Social Security recipients are poised to receive the biggest cost-of-living raise in over four decades as inflation rapidly erodes the buying power of retired Americans.

American households are confronting the steepest inflation in a generation, paying more for everything from cars to food to rent as soaring prices eat away at most workers' wage gains.

A federal judge has found that Tesla Inc. CEO Elon Musk's 2018 tweets that funding was secured to take the automaker private were reckless.

Inflation cooled for the first time in months in April, even as supply chain constraints, the war in Ukraine and strong consumer demand continued to keep consumers prices running near a 40-year-high.