Latest numbers underscore inflation’s grip on US economy 

An inflation gauge closely tracked by the Federal Reserve jumped 6.8% in June from a year ago—the biggest increase in four decades—leaving Americans with no relief from surging costs.

US economy shrinks for second straight quarter, heightening recession fears

The U.S. economy shrank from April through June, the second straight quarterly drop, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.

Fewer Americans applied for jobless benefits last week

Though fewer Americans applied for initial unemployment benefits last week, the previous week's number...

Fed follows through on large rate hike aimed at taming inflation

As predicted, the Federal Reserve today raised its benchmark interest rate by a hefty...

Fed expected to announce three-quarter-point rate hike today

When it ends its latest policy meeting this afternoon, the Federal Reserve is expected...

Remote work has changed the travel landscape 

While some workers returned to the office full time this year, many others continue to work remotely indefinitely.

How to know when a recession has begun

By one common definition, the U.S. economy is on the cusp of a recession....

Fed set to impose another big rate hike this week to fight inflation

Conflicting signs about the health of the U.S. economy have thrust the Federal Reserve...

FEMA report: Flood insurance hikes will keep 1 million out of market 

When questioned by members of Congress, the Federal Emergency Management Agency said its new update to the nation’s flood insurance program will prompt more people to sign up for coverage, even though many will pay more for it.

US small businesses struggling to pay rent as leniency ends 

The rent has come due for America’s small businesses and at a very inopportune...