Money

A key measure of annual inflation that is closely watched by the Federal Reserve is running at the hottest pace in nearly four decades.

Treasury Secretary Janet Yellen on Thursday defended President Biden's nearly $2 trillion COVID-19 stimulus bill despite criticism that the burst of government spending acted as an accelerant for the highest inflation in 40 years.

Don Vultaggio, the chairman and co-founder of AriZona Beverages - the maker of 99-cent iced tea - said that, “right now we have no intention” of raising prices even with inflation accelerating to four-decade highs.

Mortgage affordability has fallen as housing costs take up a larger portion of a homeowner's gross monthly income, a Zillow report has found.

The market has been volatile lately, but the right investments can protect your savings.

With the expiration of child tax credit payments, policy analysts at the CBPP have suggested a new way for state governments to financially support families.

There was reportedly one winner of Wednesday night's $473 million Powerball jackpot.

Americans are quickly losing confidence in the U.S. economy, according to a new survey published this week, reflecting heightened concerns among consumers about sky-high inflation and the rising price of everyday goods.

Here's an easy investing strategy that can help you build wealth for your future -- plus an exchange-traded fund (ETF) that can supercharge the strategy.

Musk and Tesla accused the regulator of "weaponizing" the agreement to harass them with "unrelenting investigation" and "chill" Musk's exercise of First Amendment rights.

Due to increasing mortgage rates and rising sale prices, homebuyers across the nation will need to earn $76,414 annually in order to afford to typical monthly mortgage payment, according to the technology-powered brokerage Redfin.

Today, in the age of low-cost exchange-traded funds (ETFs) that focus on indexes, it becomes pretty simple to create such a portfolio with just two funds.