Economy

The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.

The tentative railway labor agreement averted a nationwide strike that could have been devastating to the economy.

A potential strike could impact shipments of everything from clothes to cars, hurting businesses nationwide as they deal with ongoing supply chain problems. The deadline to avoid a strike is Friday.

Many of the data points within the inflation report were worse than economists expected, including some the Fed pays particular attention to, such as inflation outside of food and energy pri

A possible worker strike would threaten the U.S. economy with an estimated cost of $2 billion per day.

Western states facing inflation rate of 9.6% even as price increases show hint of slowdown.

Bed Bath & Beyond says that it will shutter stores and lay off workers in a bid to turn around its beleaguered business.

A report released by the Commerce Department reveals that a decline in energy prices in July offered some relief amid high prices caused by inflation.

The cost of steak is on the decline while ground beef prices remain elevated as consumers adjust their protein preferences to escape soaring inflation.

Rent prices are still at an all-time high for many tenants, but data shows asking rent prices have begun to slow.

Lowe’s gave seven similar bonuses after the pandemic began in 2020 and 2021.

President Joe Biden arrived at the White House promising to “build back” America, and now he has signed into law legislation with a slimmer version of that idea.

President Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill, which includes the most substantial federal investment in history to fight climate change.

“We perform well during tough times like this,” said parent company Dine Brands chief executive John Peyton told the Post on how inflation has impacted its business.

Consumer prices jumped 8.5% in July compared with a year earlier, the government said Wednesday, down from a 9.1% year-over-year jump in June.

The American job market has repeatedly defied skeptics this year. Economists had expected only 250,000 new jobs this month.

If you think a recession could destabilize your finances, here are some things you can do to prepare.