Corn could be the answer to high gas prices

Under the Home Front Energy Independence Act, ethanol fuel would be produced and sold year-round in the U.S. instead of only during the summer months. The proposal aims to further decrease dependence on Russian petroleum exports over its war on Ukraine.

Inflation hits New York lunches, too

Two years after the pandemic started, many New Yorkers are getting back to the office only to find that their favorite lunches have gone up in price.

U.S. jobless claims hit lowest level since 1969

Jobless claims fell by 28,000 to 187,000 for the week ending March 19, the lowest since September of 1969, the Labor Department reported Thursday.

Oregon man cashes in forgotten lottery ticket, wins $8.9M

Wilbur Brown of Oregon purchased his winning multi-drawing lottery ticket on Christmas Eve in 2021 and forgot about it until February 2022. That’s when he found out he won the $8.9 million jackpot.

Marvel Comics No. 1 sells at auction for $2.4 million

A particularly prized copy of the first-ever Marvel comic book has fetched more than $2.4 million in an online auction. It's known as the Marvel Comics No. 1 "pay copy."

U.S. offering $5 million reward for info on Russian oligarchs' assets

Tipsters can make up to $5 million for information on assets “linked to corruption involving the government of the Russian Federation.”

Sen. Murray urges Biden to extend student loan payment pause until 2023

The Washington senator wants to postpone the restart of federal student loan repayment until 2023 to address issues with the “broken” borrowing system.

What is shrinkflation? How companies hide inflation without increasing prices

If you haven’t seen a price increase on a product or service you purchased recently, chances are that the company may still be passing along the rising costs to you without the obvious price hikes.

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.

Inflation hits supermarkets hard: Bacon prices are up 19%

In the aisles of U.S. supermarkets, the price of bacon is up 18.8%, beef is higher by 16.2%, pork is up 14%, and chicken has risen 13.2%. Consumers are used to small price increases but what is happening now is shocking.

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.

DoorDash paying back drivers to offset high gas prices

Delivery company DoorDash said Tuesday it will refund its drivers for some U.S. gasoline purchases to help offset higher prices at the pump.

Puerto Rico exits bankruptcy after grueling debt negotiation

Puerto Rico’s government formally exited bankruptcy Tuesday, completing the largest public debt restructuring in U.S. history after announcing nearly seven years ago that it was unable to pay its more than $70 billion debt.

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.

Trifecta of economic factors driving U.S. inflation, expert says

Experts are predicting inflation will hit 9% in the next few months and improvement depends on how long it takes for the Federal Reserve interest rate policy to be effective.