Biden administration ‘looking at every tool in arsenal’ to address gas price hike
Energy costs played a large role in the inflation surge, skyrocketing 4.8% from September to October, with the price of gas jumping up 6.1%.
Energy costs played a large role in the inflation surge, skyrocketing 4.8% from September to October, with the price of gas jumping up 6.1%.
Americans quit jobs at record pace in September for 2nd straight month
The Labor Department said Friday that 4.4 million people quit their jobs in September, or about 3% of the nation's workforce.
The Labor Department said Friday that 4.4 million people quit their jobs in September, or about 3% of the nation's workforce.
Higher educational achievement increases homeownership chances, study shows
A new study shows that higher education is helping millennials become homeowners, even amid rising student debt.
A new study shows that higher education is helping millennials become homeowners, even amid rising student debt.
How to decide if you need flood insurance for your home
Do you own or rent a home in an area with elevated flood risk? Here's how to decide if you need to take out a separate flood policy.
Do you own or rent a home in an area with elevated flood risk? Here's how to decide if you need to take out a separate flood policy.
US hospitals ask for donations of gently used crutches, canes, walkers amid shortage
An aluminum shortage is hitting hospitals across the U.S. hard, limiting the number of much-needed crutches, canes, walkers and even wheelchairs that they can provide to patients.
An aluminum shortage is hitting hospitals across the U.S. hard, limiting the number of much-needed crutches, canes, walkers and even wheelchairs that they can provide to patients.
American consumers bear heavy burden of soaring prices
A worsening surge of inflation for such bedrock necessities as food, rent, autos and heating oil is setting Americans up for a financially difficult Thanksgiving and holiday shopping season.
A worsening surge of inflation for such bedrock necessities as food, rent, autos and heating oil is setting Americans up for a financially difficult Thanksgiving and holiday shopping season.
Student loan forgiveness memo: Expert says Biden has authority to cancel student debt
The White House recently released a memo about canceling debt for federal student borrowers, but the text was heavily redacted. Here's what one expert thinks that means.
The White House recently released a memo about canceling debt for federal student borrowers, but the text was heavily redacted. Here's what one expert thinks that means.
Business startups had record year, Census Bureau to begin keeping official tally
The monthly data will focus on new business applications and business formations to help officials monitor economic activity across the country.
The monthly data will focus on new business applications and business formations to help officials monitor economic activity across the country.
Holiday shoppers plan to spend more money in 2021 after 2 years of decline, TransUnion finds
Many consumers are planning on spending more money this holiday shopping season amid supply chain issues. Here's how consumer behavior may change the way you finance holiday expenses.
Many consumers are planning on spending more money this holiday shopping season amid supply chain issues. Here's how consumer behavior may change the way you finance holiday expenses.
Stimulus check for Social Security recipients? Why a senior citizens group says it's urgent
The Senior Citizens League sent a letter to Congress, urging it to issue a fourth stimulus check of $1,400 to Social Security beneficiaries.
The Senior Citizens League sent a letter to Congress, urging it to issue a fourth stimulus check of $1,400 to Social Security beneficiaries.
US consumer prices jumped 6.2% in past year, highest inflation rate since 1990
Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.
Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.
Unemployment claims drop to 267,000, a new pandemic low
Jobless claims fell by 4,000 last week, the Labor Department reported Wednesday.
Jobless claims fell by 4,000 last week, the Labor Department reported Wednesday.
11 Democratic lawmakers ask Biden to dip into Strategic Petroleum Reserve to alleviate gas price hike
The Strategic Petroleum Reserve is stored in huge underground salt caverns at four sites along the coastline of the Gulf of Mexico and is the world’s largest supply of emergency crude oil.
The Strategic Petroleum Reserve is stored in huge underground salt caverns at four sites along the coastline of the Gulf of Mexico and is the world’s largest supply of emergency crude oil.
Elon Musk Twitter poll: 58% vote 'yes' on billionaire's proposal to sell 10% of Tesla stock
Tesla shares were down 3% in midday trading Monday after CEO Elon Musk said he would sell 10% of his holdings in the electric car maker — more than $20 billion worth by most calculations — based on the results of a poll he conducted on Twitter over the weekend.
Tesla shares were down 3% in midday trading Monday after CEO Elon Musk said he would sell 10% of his holdings in the electric car maker — more than $20 billion worth by most calculations — based on the results of a poll he conducted on Twitter over the weekend.
Elon Musk's Twitter poll asks if he should sell some Tesla stock
Elon Musk has asked Twitter users whether he should sell 10% of his stock in Tesla amid pressure in Washington to increase taxes on billionaires like him.
Elon Musk has asked Twitter users whether he should sell 10% of his stock in Tesla amid pressure in Washington to increase taxes on billionaires like him.
October jobs report: US hiring rebounds with 531,000 jobs added
The October 2021 U.S. jobs report showed employers stepped up their hiring, adding a solid 531,000 jobs — the most since July.
The October 2021 U.S. jobs report showed employers stepped up their hiring, adding a solid 531,000 jobs — the most since July.
Why is Social Security running out of money?
If no action is taken, Social Security could run out of funds by 2033. Here's why, and what you can do if you need more funds.
If no action is taken, Social Security could run out of funds by 2033. Here's why, and what you can do if you need more funds.
Gen Z consumers are driving the credit industry rebound, TransUnion report finds
The youngest generation of consumers are leading the way in new credit originations, according to TransUnion. Here's how to choose the right credit card company and build better spending habits.
The youngest generation of consumers are leading the way in new credit originations, according to TransUnion. Here's how to choose the right credit card company and build better spending habits.
Mayor-elect Eric Adams wants to be paid in Bitcoin
Eric Adams, the next mayor of New York, says he will accept some of his City Hall salary in Bitcoin.
Eric Adams, the next mayor of New York, says he will accept some of his City Hall salary in Bitcoin.
US unemployment claims drop to 269,000, another pandemic low
U.S. unemployment claims fell to a fresh pandemic low last week to 269,000.
U.S. unemployment claims fell to a fresh pandemic low last week to 269,000.