The US stock market plunged in September as investors grow increasingly worried about the economy. (AP Photo/Julia Nikhinson)
10-05-2022

"The economic situation continues to deteriorate. We've had 8 consecutive quarters of real incomes declining for families in this country and that amounts to nearly a $5,000 paycut for families," said Joel Griffith with the Heritage Foundation. 

tradersstockexchange
09-13-2022

The Dow Jones Industrial Average sank more than 1,250 points Tuesday, its steepest sell-off in more than two years after a government report showed that inflation is maintaining a surprisingly strong grip on the U.S. economy.

railroadstrikefriday
09-13-2022

There's a new development that could affect American pocketbooks in a major way. It's a brewing railroad strike that would send shock waves through the economy if it's not averted.

jeromepowell
08-26-2022

Federal Reserve Chair Jerome Powell delivered a stark message Friday: The Fed will likely impose more large interest rate hikes in the coming months and is resolutely focused on taming the highest inflation in four decades. 

08-16-2022

The re-built Build Back Better Plan, now called the "Inflation Reduction Act," was signed into law Tuesday by President Biden, promising that inflation would eventually come down due to a combination of higher taxes, deficit reduction measures, and new revenue streams for green energy. 

08-04-2022

With inflation running out of control and higher prices squeezing family budgets, more Americans are turning to credit cards to bridge the gap. That's led to the biggest leap in credit card balances in 20 years. 

A trader works on the floor at the New York Stock Exchange in New York, June 16, 2022. (AP Photo/Seth Wenig)
07-28-2022

A Commerce Department report out today shows the U.S. economy shrank from April to June for a second straight quarter. It contracted at a .9% annual pace, following a 1.6% drop in January through March.

inflationhigh
07-13-2022

Another month of surging prices has some economists worried about an impending recession. June's inflation report shows overall consumer prices rose 9.1 percent higher compared to a year ago. 

SpaceX owner and Tesla CEO Elon Musk. (Hannibal Hanschke/Pool via AP)
07-11-2022

Shares of Twitter slid more than 11% on the first day of trading after billionaire Elon Musk said he was abandoning his $44 billion bid for the company and the social media platform vowed to challenge Musk in court to uphold the agreement.

Inflationrising
06-30-2022

While Democrats hope abortion will be a major issue in the upcoming midterm elections, high inflation and the economy remain the top issue for voters with an overwhelming – and growing – majority of Americans say the U.S. is heading in the wrong direction. 

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