Money

U.S. inflation accelerated last month and remained at its highest rate in over a decade, with price increases from pandemic-related labor and materials shortages rippling through the economy.

Despite improving conditions and 1.3 million jobs being added to the market by the end of 2021, many Americans will still be out of work, according to a Goldman Sachs analysis.

The EIA forecasts that heating oil costs will rise by 43% compared to last year, while propane, natural gas and electricity costs will jump 54%, 30% and 6%, respectively.

Social Security recipients in 2022 are in line to receive the big payment increase in nearly four decades, reflecting a pandemic-drive inflation surge – but the boost could ultimately deplete the fund a year earlier than expected.

Millions of retirees and other Americans receiving Social Security benefits in 2022 are set to receive the biggest payment increase in four decades, following a pandemic-driven inflation spike.

House Progressive Caucus Chair Pramila Jayapal hit House Speaker Nancy Pelosi in a Tuesday fundraising email.

Kansas Sen. Roger Marshall argued inflation is a top issue on the minds of Americans.

Progressive Democrats are urging the Department of Education to release a memo about the president's authority to enact a widespread federal student loan discharge.

Walgreens is closing an additional five stores in San Francisco, citing retail theft that has been plaguing California retailers.

Larry Kudlow reports on labor shortages as the global supply chain nightmare prolongs.

“The Daily Show” host Trevor Noah sells lavish Los Angeles mansion for $29.75 million.

Freddie Mac plans to expand its affordable housing investment, giving prospective buyers an opportunity to buy a home for less money down. But taking out a mortgage with a low down payment comes with its downsides.

Rep. Alexandria Ocasio-Cortez called on Democratic leaders to ensure that funding for immigration reform and affordable housing remains in a sweeping reconciliation bill as party officials weigh across-the-board cuts to the multitrillion-dollar tax and spending package.