Bitcoin 2022 conference: Miami's cryptocurrency craze on full display
Thousands of crypto enthusiasts are gathering in Miami for Bitcoin 2022 as the city builds its reputation as one of the key locations to develop blockchain technology.
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.
Oregon man cashes in forgotten lottery ticket, wins $8.9M
Wilbur Brown of Oregon purchased his winning multi-drawing lottery ticket on Christmas Eve in 2021 and forgot about it until February 2022. That’s when he found out he won the $8.9 million jackpot.
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.
Mastercard, Visa suspend operations in Russia amid Ukraine invasion
Mastercard said cards issued by Russian banks will no longer be supported by its network and any card issued outside the country will not work at Russian stores or ATMs.
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.
IRS to end facial recognition for identity verification
The IRS is moving away from the use of facial recognition for identity verification. This transition will occur over the coming weeks to avoid a disruption to tax filing season.
Ivy League professor says her students think most Americans earn six figures
A professor from an Ivy League business school says her students think most Americans earn six figures.
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.
Bank of America cuts overdraft fees
Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.
Walmart and Kroger raise prices for BinaxNOW rapid COVID-19 tests
The companies previously sold them at cost
Little Caesars raises price of famous $5 pizza for first time in 25 years
Little Caesars' latest version of Hot-N-Ready pizza will have more pepperoni
US debt ceiling: Congress sends Biden $2.5T increase, avoiding default
Congress averted a debt default early Wednesday after Democratic majorities voted to send a $2.5 trillion debt ceiling increase to Biden over Republican opposition.
Biden: Prescription drugs ‘outrageously expensive’ in US, calls on Senate to act
President Joe Biden pushed his “Build Back Better” agenda, focusing on how provisions of the spending bill would lower the cost of prescription drugs for many.
Treasury targets all-cash real estate deals in anti-corruption effort
The Treasury Department may expand reporting requirements on all-cash real estate deals to help crackdown on bad actors' use of the U.S. market to launder money made through illicit activity.