April 2022 jobs report: US added 428,000 jobs despite surging inflation
America’s employers added 428,000 jobs in April 2022 and hiring kept the unemployment rate at 3.6%.
Fed raises interest rates by half-point, the most since 2000
The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.
Biden highlights deficit progress to counter criticism on US economy
The president is placing a renewed emphasis on reducing the deficit — which is the gap between what the nation spends and what it takes in — in order to blunt Republican criticism.
Price of diesel hits all-time high, straining the trucking industry
A gallon of diesel hit $5.296 on Sunday, according to AAA.
What is a recession, and should Americans be worried?
Recessions are notoriously hard to predict – but here's what to know about them
Fuel prices: How they impact the 2022 boating season
Over the past two years, demand for boat slips has 'gone up considerably.'
Walmart offering new truckers starting salary of up to $110,000
Walmart truck drivers could previously make an average of $87,500 in their first year
Deutsche Bank predicts US recession in 2023 due to Fed rate hikes
Deutsche Bank is the first major financial institution to predict a recession due to rising inflation and the Federal Reserve's hawkish plan to tame it.
Biden ‘has not ruled out’ canceling student loan debts, White House says
Press Secretary Jen Psaki made the comment the same day the Biden administration announced plans to freeze federal student loan payments through Aug. 31
Best companies 2022: Linkedin unveils list of top companies to work for, Amazon ranks no. 1
Linkedin released its list of the top 50 companies to work with Amazon claiming the top spot. Here's a look at where other companies ranked.
The best and worst times to buy a car amid EV trends and supply-chain woes
If you’re planning to buy a car — new, used, electric, or hybrid — here are some things to consider before making your purchase, according to a car-buying expert.
March jobs report 2022: US added 431,000 jobs in sign of economic health
The U.S. added 431,000 jobs in March 2022 in a sign of a resilient economy — as unemployment fell to a pandemic low of 3.6%.
Corn could be the answer to high gas prices
Under the Home Front Energy Independence Act, ethanol fuel would be produced and sold year-round in the U.S. instead of only during the summer months. The proposal aims to further decrease dependence on Russian petroleum exports over its war on Ukraine.
Chicken breast, ground beef, pork prices set to surge higher
Most protein prices are forecasted to increase "substantially" due to higher feed costs.
Gas prices could continue to fall, but California won't see much relief: expert
As of Thursday, the national average is $4.289 a gallon, down from Wednesday's average of $4.305, according to AAA data.
Federal Reserve hikes interest rate to fight inflation, more to come
The Federal Reserve launched a high-risk effort to tame the worst inflation since the 1970s, raising its benchmark short-term interest rate and signaling potentially up to seven rate hikes this year.
Billionaire supermarket CEO: Buy now, food inflation will only get much worse
John Catsimatidis says food prices could increase 20% by summer.
Biden to sign order mandating study of cryptocurrency as its use explodes
The Biden administration views the explosive popularity of cryptocurrency as a call for acting with urgency to look at the risks and benefits of digital assets.
Interest rates could increase more than traditional quarter-point, US Fed governor says
Federal Reserve Governor Michelle Bowman says she's open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.
Retail sales drop 1.9% in December following early holiday rush
Americans sharply cut their spending in December after a burst of early spending in the fall that helped bolster the holiday season.