Wall Street may get much worse in 2023 before it gets better
Many analysts expect stocks to end 2023 around their current range, if not a bit higher. But before that, much of Wall Street is also forecasting stock prices to fall sharply in the interim.
Many analysts expect stocks to end 2023 around their current range, if not a bit higher. But before that, much of Wall Street is also forecasting stock prices to fall sharply in the interim.
How Federal Reserve’s series of rate hikes could affect your finances
As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.
As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.
Nearly half of US workers hope to get promoted, a raise in 2023, survey shows
According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.
According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.
US lawmakers announce 'framework' on bill to avoid government shutdown
Congress faces a midnight Friday deadline to pass a spending bill to prevent a partial government shutdown.
Congress faces a midnight Friday deadline to pass a spending bill to prevent a partial government shutdown.
Fed raises key interest rate by half a point, signals more to come
The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.
The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.
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.
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.
A new report has listed San Francisco and Los Angeles as the two top U.S. cities in which homebuyers were looking to leave.
US inflation slowed to 7.1% over past 12 months
This is the fifth straight month with a slowdown.
This is the fifth straight month with a slowdown.
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?
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.
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.
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.
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.
Arizona State University played a crucial role in bringing the microelectronics industry, specifically Taiwan Semiconductor Manufacturing Company, to Phoenix.
More Americans getting a second job as high inflation rages
High inflation is pushing more Americans to take on a side hustle.
High inflation is pushing more Americans to take on a side hustle.
Rail workers say deal to avoid strike won't resolve quality-of-life concerns
Workers and their unions say the deal doesn't do enough to address their quality-of-life concerns and doesn't add any sick days.
Workers and their unions say the deal doesn't do enough to address their quality-of-life concerns and doesn't add any sick days.
Senate moves to avert rail strike; bill heads to Biden's desk for signature
Shortly before Thursday's votes, Biden defended the contract that four of the rail unions had rejected.
Shortly before Thursday's votes, Biden defended the contract that four of the rail unions had rejected.
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.
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.
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.
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.
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.