Wheat and barley shortage: How Russia-Ukraine war triggered a global food crisis

Together, Russia and Ukraine export nearly a third of the world’s wheat and barley, more than 70% of its sunflower oil and are big suppliers of corn.

Report: Domestic airline ticket prices are declining, slowly but surely

With people paying more for gas and rent, travelers may be happy to hear a plane ticket is getting cheaper as domestic airfare prices fell for the first time since the start of the year.

How rising interest rates make borrowing more expensive, benefit savers

The Federal Reserve is signaling that it will raise interest rates above 3% by the end of the year as it struggles to control inflation without plunging the economy into a recession.

Average US mortgage rates hit 5.78%, highest level since 2008

Average long-term U.S. mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve raising its key rate in a bid to tame inflation.

'Back to the Future' sealed VHS tape sells for $75K at auction

A sealed VHS of “Back to the Future,” owned by actor Tom Wilson who appeared in the film trilogy, likely went for the highest price ever paid at auction for such a tape.

Fed raises key interest rate in largest hike since 1994

The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades.

Biden tells oil refiners: Produce more gas and diesel, fewer profits

In a draft letter to refiners, Biden said their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record-high gas prices.

Americans feeling the stress from inflation

Ask pretty much anyone how they feel about rising gas and food prices, and they won’t have nice things to say. Fox 9 asked a local financial expert and a local psychologist their best tips to relieve the current financial stress and make their dollars stretch further.

Early bids for final charity lunch with Buffett top $3M

Bidding for a final, private lunch with Warren Buffett, an event that has raised tens of millions for a California charity, has already topped $3 million.

Don’t pick up folded dollar bills, authorities warn

Authorities in Tennessee have issued a warning against picking up folded dollar bills after one was found containing a substance that tested positive for fentanyl.

What makes a bear market? Wall Street term explained

Wall Street is back in the claws of a bear market amid worries about inflation and higher interest rates. Here are answers to some common questions about bear markets.

These electric vehicles are cheaper to own than gas ones now

Building electric vehicles is expensive, which is why their prices are high, and it's mostly about the batteries.