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.

US retail spending slows as inflation starts to bite

After beginning the year in a buying mood, Americans slowed their spending in February on gadgets, home furnishings and other discretionary items as higher prices for food, gasoline, and shelter are taking a bigger bite out of their wallet.

AMC Entertainment buys stake in gold, silver miner Hycroft

Following the closing of the deal, AMC and precious metal investor Eric Sprott will become Hycroft's second largest shareholders

The Great Resignation: Pew Research finds tie in reasons workers quit their jobs in 2021

Latest numbers show another 4.3 million Americans quit their jobs in January. Some call it the Great Resignation. Others, the Great Realization. The top reasons for leaving were a tie.

Canned pet food shortage continues amid supply chain woes

The canned pet food industry continues to feel the burn as supply chain woes and increases in price leave many pet owners improvising their dog or cat’s next meal.

US inflation soared 7.9% in past year, a fresh 40-year high

Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.

IRS to offer Taxpayer Assistance Centers on Saturday

The IRS is offering walk-in hours at dozens of Taxpayer Assistance Centers across the U.S. on Saturday, March 12 to offer help to taxpayers.

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.

Biden to sign executive order on cryptocurrency this week

President Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded.

IRS to hire 10,000 workers to help with tax return backlog

The backlog includes at least 10 million individual tax returns and 4 million business tax returns going back to last year.

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.

Target wage hike: Workers' pay could reach $24 an hour this year

Workers at Target stores and distribution centers in places like New York, where competition for finding and hiring staff is tough, could see starting wages as high as $24 an hour this year.

What is SWIFT? A look at West’s toughest sanctions on Russia yet

On Saturday, The United States joined European allies to impose the most potentially crippling financial penalties yet on Russia — cutting some banks off from SWIFT. Here’s a look at what that means.

Arizona Senate votes to create tax credit for film producers

The proposed Arizona tax credit would be fully refundable, meaning film producers could collect a tax refund even if they don’t owe any taxes to the state.

Georgia ports chief plans aggressive expansion by 2025

The executive in charge of Georgia’s seaports called Thursday for an aggressive expansion that would grow the Port of Savannah’s capacity for cargo shipped in containers by 58% over the next three years.

Number of Americans collecting unemployment lowest since 1970

The number of Americans collecting unemployment benefits fell to a 52-year low after another decline in jobless aid applications last week.