Americans say holiday gifts harder to afford

More than half of U.S. adults say it’s harder to afford the holiday gifts they want to give this year.

Two California cities top list of metro areas homebuyers are leaving

A new report has listed San Francisco and Los Angeles as the two top U.S. cities in which homebuyers were looking to leave. 

Feeling the heat: Home energy costs spike well beyond predicted jumps this winter

Economists have been warning Americans of a worldwide energy crunch due to political, environmental and inflation fueled sources. The EIA forecasted Americans would spend 30% to heat their homes. Were they right?

These US states are raising minimum wage in 2023, with 4 above $15

More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour.

Biden visits Arizona computer chip site, highlights jobs

President Joe Biden visited the site for a new computer chip plant in Arizona, using it as a chance to emphasize how his policies are fostering job growth in what could be a challenge to the incoming Republican House majority.

Recession is expected in Q1 2023: Bank of America

Bank of America economists expect a recession to emerge in the beginning of 2023. Here’s how to keep your finances on track.

ASU's major role in Taiwan Semiconductor Manufacturing Company coming to Arizona

Arizona State University played a crucial role in bringing the microelectronics industry, specifically Taiwan Semiconductor Manufacturing Company, to Phoenix.

House passes bill to avert railroad strike, impose deal on unions

If an agreement wasn't reached before a Dec. 9 deadline, the unions threatened to strike -- which would have devastating effects on the U.S. economy.

Inflation relief checks going to residents in these states. See if you qualify

With inflation running near the highest level in 40 years, Republican and Democratic leaders in some states are offering stimulus payments to residents.

Biden asks Congress to block potential railroad strike

President Joe Biden is calling on Congress to pass legislation to intervene and block a railroad strike before next month’s deadline in the stalled contract talks.

Cyber Monday deals lure in shoppers amid high inflation

Consumers are hopping online to find more discounts on gifts that have increased in price due to inflation. The popular online shopping day is projected to rake in more than $11 billion in sales.

Railroad negotiations latest: Engineers accept deal, conductors reject

The latest negotiation developments cast more doubt on whether the industry will be able to resolve the labor dispute before next month's deadline without the help of Congress.

Target warns of weak holiday season, CEO says consumers stressed

Inflation dipped slightly in October but has been running near a 40-year high for months, causing consumers to pull back on some spending to prioritize items like food and gas.

Rail strike could close plants, upend economy, chemicals industry warns

It’s looking increasingly likely that Congress will have to step in to settle a dispute between railroads and unions because the economic stakes are so high.