-
Consumers are increasingly winning in their fight against higher prices. Here's how
Inflation has changed the way many Americans shop. Now, those changes in consumer habits are helping bring down inflation.
-
I've lived in the Netherlands for 14 years—why we're always ranked one of the world's happiest countries
Happiness researcher Olga Mecking shares why “niksen,” the Dutch art of doing nothing, is one of the biggest reasons why people in the Netherlands are so happy and content.
-
Young adults are getting used to living on a financial cliff
Many young people came of age between two recessions, a pandemic and crushing student loan debt.
-
Some Americans have become saddled with credit card debt as rent and everyday prices remain high
Noticeable pockets of Americans — renters, lower and middle-income borrowers — are running up their credit cards balances, and increasing numbers are falling behind on their debts.
-
Federal Reserve's favored inflation gauge tumbles in November as prices continue to ease
The Federal Reserve’s preferred measure of prices fell last month, another sign that inflation is easing and that consumers should expect to see lower interest rates in 2024.
-
Driven by cheaper gas, cars and airfares, US inflation slowed in October
Tuesday’s report showed that prices either fell or rose only slowly across a broad range of goods and services, including gas, new and used cars, hotel rooms and housing.
-
Strong US economic growth for last quarter likely reflected consumers' resistance to Fed rate hikes
The government is expected to report stellar growth for the U.S. economy during the July-September quarter, highlighting the durability of consumer and business spending despite the Federal Reserve’s efforts to cool the expansion with high interest rates.
-
Rite Aid files for bankruptcy
Rite Aid, the third-largest US drugstore chain, filed for Chapter 11 bankruptcy protection Sunday
-
White House preparing for government shutdown, disruption of federal services
The White House on Friday directed federal agencies to get ready for a shutdown after House Republicans left town for the weekend with no viable plan to keep the government funded and avert politically and economically costly disruption of federal services.
-
Here are 3 money moves wealthy Americans are more likely to make in times of economic uncertainty
There are certain money moves wealthy Americans are more likely to make to improve their long-term well-being.
-
Biden's goals for labor and climate collide in United Auto Workers strike
The United Auto Workers strike has exposed tensions between President Joe Biden’s goals of fighting climate change and supporting unions.
-
Child poverty more than doubled in U.S. after expanded tax credits, stimulus checks ended
The end of expanded financial assistance from the Covid-19 pandemic has wiped out progress made by the U.S. in fighting child poverty.
-
HUD releases new aid for low-income families to keep up with rising rents
The Department of Housing and Urban Development said that fair market rents for fiscal year 2024 will rise about 12 % nationwide and that the department has increased funding for housing choice vouchers.
-
Raimondo meets Chinese officials in ‘tricky' visit as countries seek a more stable relationship
Raimondo arrived in Beijing on Sunday night, beginning a visit which came at the invitation of her counterpart, Chinese Minister of Commerce Wang Wentao.
-
Americans say this is the most valuable money lesson they've ever learned—but many aren't putting it into practice
Americans say they learned this money lesson as they were entering adulthood around age 22. But it’s something many still struggle to put into practice.
-
37-year-old launched a fintech startup specifically for Black-owned businesses: ‘This is a profit driver, it is clear'
Kelly Ifill was actively opposed to becoming an entrepreneur — until she had the idea for Guava, a fintech startup aimed at helping Black-owned businesses.
-
Here's what's getting cheaper at the grocery store as inflation eases
Inflation in the United States edged up in July after 12 straight months of declines. But excluding volatile food and energy costs, so-called core inflation matched the smallest monthly rise in nearly two years. Here’s what’s getting cheaper
-
Trucking giant Yellow declares bankruptcy after years of financial struggles
Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt. It marks a significant shift for the U.S. transportation industry and shippers nationwide.
-
No more freebies: Companies crack down on customer perks and rewards
Companies from Dunkin’ to Delta, Netflix to Sephora are pulling back on freebies and perks as they chase higher margins.
-
The US credit rating has been downgraded. Here's what that means for consumers
Fitch’s move comes just weeks after the White House and Congress resolved a standoff on whether to raise the government’s borrowing limit. Here’s what you need to know.