OPEC, allies agree to boost oil production by slower pace than previous months
As a result, experts said the amount of oil on the market might not keep up with demand, so high oil prices may persist for some time.
Food banks in America experience surging demand: 'No sign of it slowing down any time soon'
High gas prices plus supply-chain shortages and long-term pandemic effects are impacting food banks nationwide.
Beef prices set to surge further as farmers sell off cattle herds
More breeding stock is being sent to the sale barn amid soaring input costs and drought conditions
How to recession-proof your life
If you think a recession could destabilize your finances, here are some things you can do to prepare.
Certain California, Florida, Arizona housing markets most susceptible to downturn in a recession
Places where people have high debt compared to income and home equity are vulnerable.
Man opens up about leaving teaching for better-paying Walmart job
The 28-year-old man said the chance to move up without getting an advanced degree was one of the motivating factors for him to leave the education field.
Are we in a recession? The definition of recession explained
Is the U.S. headed for a recession? It depends on who you ask.
What's in, and out, of Democrats' climate, health care and inflation bill
Here’s a look at the Democrats' "Inflation Reduction Act of 2022" as it stands after Senate Majority Leader Chuck Schumer and holdout Sen. Joe Manchin reached a deal.
Recession fears rise after US economy shrinks for second straight quarter
The latest figures are raising fears that the nation may be approaching a recession.
All eyes turn to GDP report on Thursday as interest rates continue to rise
People are focusing on numbers from an economic report that is set to be released on July 28, which could, for some, signal the arrival of a recession.
Manchin says deal reached with Schumer on tax and climate bill
In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin have reached an expansive agreement that had eluded them for months on health care, energy and climate issues, taxes on higher earners and corporations and trimming the federal debt.
Fed hikes interest rate by 0.75 percentage points in bid to curb inflation
The Federal Reserve raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.
US new home sales drop to lowest level in 2 years
New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.
Restaurants reportedly skimping on wine pours amid high inflation, supply chain issues
Inflation and supply chain shortages continue to impact every industry, from food to fuel, and now fun.
Fed set to impose another big rate hike to fight inflation
Federal Reserve Chairman Jerome Powell Wednesday will address the Fed's plans to raise interest rates until inflation falls, even if it possibly slows economic growth.
Colorado, Utah, Idaho metros had biggest share of sellers dropping home prices in June
Boise had the most sellers drop their asking prices. Denver and Salt Lake City were next as fears of inflation and recession rise.
Used cars costing consumers $10,000 more than 'normal' as inflation rages
It's a bad time for consumers looking to buy a used car.
Nearly half of Americans will take on debt this year despite higher borrowing costs: survey
Even with the Federal Reserve expected to raise borrowing rates again next week, adding debt is “not necessarily a bad sign," analysts say.
Shrinkflation: Small portions offered at restaurants causes rise in Yelp complaints, report finds
Customers in their reviews complained about shrinkflation at restaurants serving popular menu items like hot dogs, hamburgers, and pizza.
Here's why car repossessions are up, according to an Arizona towing company
Car repossessions are reportedly on the rise across the country and Arizona is not immune to the problem. Gone in 30 seconds or less. In the repo business, they call it "hook and book."