Prices for U.S. consumers jumped 6.8% in November compared with a year earlier as surging costs for food, energy, housing and other items left Americans enduring their highest annual inflation rate in 39 years.
A lackluster jobs report shows another unimpressive increase amid the ongoing COVID-19 pandemic.
The COVID-19 pandemic has not only hit the American population hard, but it is also still hurting our economy as well.
On this year's Black Friday, things almost seem normal.
Target will no longer open its stores on Thanksgiving Day, making permanent a shift to the unofficial start of the holiday season that was suspended during the pandemic.
Sales of previously occupied U.S. homes ticked higher in October, marking their strongest annual pace since January even as competition for relatively few properties on the market pushed prices higher.
President Joe Biden announced Monday that he's nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing Powell's stewardship of the economy through a brutal pandemic recession in which the Fed's ultra-low rate policies helped bolster confidence and revitalize the job market.
In just about a month's time, the United States could be unable to pay its bills, according to a new warning from Treasury Secretary Janet Yellen.
Thanksgiving is one week away and the holidays just might be spoiled due to rising costs and supply chain issues.
Rising costs of labor, transportation, and grain are hitting many meat companies hard, and that will hit Americans hard at the grocery store.