Unemployment benefits and Obamacare subsidies outpace median income in several states, study finds
The labor force participation rate was 62.1% last month, notably lower than the 63.4% mark it was at before the coronavirus pandemic struck the United States in March 2020.
The labor force participation rate was 62.1% last month, notably lower than the 63.4% mark it was at before the coronavirus pandemic struck the United States in March 2020.
Rising car repossessions trend warning sign for economy, report says
The number of car repossessions across the United States is on the rise and expected to continue into the new year. Some industry experts say it is a sign of the economy.
The number of car repossessions across the United States is on the rise and expected to continue into the new year. Some industry experts say it is a sign of the economy.
Wall Street may get much worse in 2023 before it gets better
Many analysts expect stocks to end 2023 around their current range, if not a bit higher. But before that, much of Wall Street is also forecasting stock prices to fall sharply in the interim.
Many analysts expect stocks to end 2023 around their current range, if not a bit higher. But before that, much of Wall Street is also forecasting stock prices to fall sharply in the interim.
How Federal Reserve’s series of rate hikes could affect your finances
As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.
As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.
Nearly half of US workers hope to get promoted, a raise in 2023, survey shows
According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.
According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.
US lawmakers announce 'framework' on bill to avoid government shutdown
Congress faces a midnight Friday deadline to pass a spending bill to prevent a partial government shutdown.
Congress faces a midnight Friday deadline to pass a spending bill to prevent a partial government shutdown.
Fed raises key interest rate by half a point, signals more to come
The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.
The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.
Americans say holiday gifts harder to afford
More than half of U.S. adults say it’s harder to afford the holiday gifts they want to give this year.
More than half of U.S. adults say it’s harder to afford the holiday gifts they want to give this year.
Two California cities top list of metro areas homebuyers are leaving
A new report has listed San Francisco and Los Angeles as the two top U.S. cities in which homebuyers were looking to leave.
A new report has listed San Francisco and Los Angeles as the two top U.S. cities in which homebuyers were looking to leave.
US inflation slowed to 7.1% over past 12 months
This is the fifth straight month with a slowdown.
This is the fifth straight month with a slowdown.
Failed crypto CEO Sam Bankman-Fried scheduled to testify before congressional committee
Sam Bankman-Fried has done several media interviews since his firm collapsed but has not publicly testified about what happened. He is expected to appear remotely from the Bahamas.
Sam Bankman-Fried has done several media interviews since his firm collapsed but has not publicly testified about what happened. He is expected to appear remotely from the Bahamas.
Despite cooling US housing market, Florida still top spot for Americans looking to move: study
"Of the people who are still buying homes, an unprecedented portion are relocating to new metros," the report finds.
"Of the people who are still buying homes, an unprecedented portion are relocating to new metros," the report finds.
Maxwell Frost, first Gen Z congressman from Florida, denied D.C. apartment over bad credit
Gen-Z Florida Democratic congressman Maxwell Frost came to Twitter to express his struggles with trying to find housing in D.C. as he awaits his new salary to kick in.
Gen-Z Florida Democratic congressman Maxwell Frost came to Twitter to express his struggles with trying to find housing in D.C. as he awaits his new salary to kick in.
Several states are raising minimum wage in 2023, Georgia is not one of them
More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour. Georgia is not one of them.
More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour. Georgia is not one of them.
These US states are raising minimum wage in 2023, with 4 above $15
More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour.
More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour.
More Americans getting a second job as high inflation rages
High inflation is pushing more Americans to take on a side hustle.
High inflation is pushing more Americans to take on a side hustle.
Rail workers say deal to avoid strike won't resolve quality-of-life concerns
Workers and their unions say the deal doesn't do enough to address their quality-of-life concerns and doesn't add any sick days.
Workers and their unions say the deal doesn't do enough to address their quality-of-life concerns and doesn't add any sick days.
Senate moves to avert rail strike; bill heads to Biden's desk for signature
Shortly before Thursday's votes, Biden defended the contract that four of the rail unions had rejected.
Shortly before Thursday's votes, Biden defended the contract that four of the rail unions had rejected.
House passes bill to avert railroad strike, impose deal on unions
If an agreement wasn't reached before a Dec. 9 deadline, the unions threatened to strike -- which would have devastating effects on the U.S. economy.
If an agreement wasn't reached before a Dec. 9 deadline, the unions threatened to strike -- which would have devastating effects on the U.S. economy.
Inflation relief checks going to residents in these states. See if you qualify
With inflation running near the highest level in 40 years, Republican and Democratic leaders in some states are offering stimulus payments to residents.
With inflation running near the highest level in 40 years, Republican and Democratic leaders in some states are offering stimulus payments to residents.