Union members reject deal 2 days before deadline to avoid massive rail strike

A potential strike could impact shipments of everything from clothes to cars, hurting businesses nationwide as they deal with ongoing supply chain problems. The deadline to avoid a strike is Friday.

Inflation Reduction Act impact on Phoenix: Will it actually help struggling households?

The White House is positive about its plan to fight inflation through the Inflation Reduction Act, but it's a message that's a tough sell for many in Phoenix as residents appear to be struggling more than they did during the COVID-19 pandemic.

Dow falls 1,250 as inflation maintains grip on US economy

Many of the data points within the inflation report were worse than economists expected, including some the Fed pays particular attention to, such as inflation outside of food and energy pri

Inflation falls for 2nd consecutive month on lower gas prices

Inflation has driven up the costs of families’ grocery bills, rents, and utility costs, placing hardships on households and increasing gloom about the economy despite job growth and low unemployment.

Massive rail strike could mean more supply chain issues

A possible worker strike would threaten the U.S. economy with an estimated cost of $2 billion per day.

Hard Rock spends $100M to raise pay for non-tipped US staff

Hard Rock International, the global gambling, entertainment and hospitality company, said Monday it is spending over $100 million to give significant raises to 10,000 non-tipped workers, most of them in the U.S.

Biden celebrates Ohio groundbreaking of $20B Intel computer chip facility

President Joe Biden sought to put the spotlight on a rare bipartisan down payment on U.S. manufacturing during a visit on Friday to suburban Columbus, Ohio.

Is inflation cooling off? It depends where you live

Western states facing inflation rate of 9.6% even as price increases show hint of slowdown.

OPEC, allies cutting world oil supplies as prices fall

The move signals their unhappiness with crude oil prices that have dropped because of recession fears.

These states are tapping historic surpluses for tax cuts and rebates

States with extra money from tax revenue and federal pandemic aid are returning billions of tax dollars to people. So far, 31 states have established some type of tax cut or rebate in their areas.

Consumer prices rise to 6.3% in July as inflation begins to ease a bit

A report released by the Commerce Department reveals that a decline in energy prices in July offered some relief amid high prices caused by inflation.

Average new car prices set to hit record $46,259 in August

The average transaction price paid for a new car in August is expected to hit an all-time high, according to J.D. Power, with monthly finance payments also at record levels.