If you think prices are still high, you're right. The latest government numbers show inflation is still climbing, although not as fast as the last few years. While efforts by the Federal Reserve have slowed inflation, board members aren't ready to declare victory. Partly because the latest Labor Department numbers prove getting inflation back to normal might be more difficult than expected.
An international alliance of multiple countries has been pushing to undermine the power of the U.S. Dollar, and now, they've added more key members. The BRICS nations comprise almost half of the world's population, possess close to half the world's oil, and want to dethrone the Dollar as the world's reserve currency.
A new report shows persistently higher prices across America have risen yet again – a sign the Federal Reserve's drive to slow inflation to its two percent target will likely remain a bumpy one.
Congressional leaders have announced a $1.66 trillion agreement on overall spending levels for the government's current fiscal year. They're racing once again to avoid a partial government shutdown later this month.
Americans have been feeling a financial squeeze for several years due to record-high inflation, but new data reveals how much consumers have to spend just to keep up with a basic standard of living.
Shoppers gearing up for the 2023 holiday season won’t have to look hard for a convenient way to pay for all those presents. “Buy now, pay later,” a type of payment plan that divides the total cost of your purchase into smaller installments, is offered at most major retailers, including Walmart, Target, and Amazon. But experts say it’s risky. Ask yourself these five questions before opting in.
WASHINGTON (AP) - The threat of a federal government shutdown suddenly lifted late Saturday as President Joe Biden signed a temporary funding bill to keep agencies open with little time to spare after Congress rushed to approve the bipartisan deal.
While President Biden is celebrating his economic policies, some experts say "Bidenomics" is doing more harm than good.
Americans have hit a new high in credit card debt. The surge means their overall balance shot above $1 trillion for the first time.
The Federal Reserve Wednesday escalated the inflation fight once more in its most aggressive series of rate hikes in 40 years. The Fed imposed another quarter-point rate hike on Wednesday in an effort to slash consumer demand and get companies to hire fewer people.