Fed officials signal more rate hikes likely amid sticky inflation, minutes show
Federal Reserve policymakers see more interest rate hikes ahead.
How inflation is changing the way people use payment apps
A recent survey by Forbes finds that some young adults are using payment apps to cover the costs of restaurant tabs, groceries, and rent.
Record number of Americans are paying $1000 a month or more for monthly car payments, data shows
More than 15% of consumers who financed a new vehicle toward the end of 2022 committed to paying more than $1,000 a month, the highest percentage ever recorded.
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.
More Americans getting a second job as high inflation rages
High inflation is pushing more Americans to take on a side hustle.
These housing markets are seeing the largest drop in prices since the pandemic peak
Housing prices are continuing to cool off — and data shows one area of the country, in particular, is seeing the highest drop.
Americans changing holiday travel plans due to inflation, survey finds
Over the holidays, many Americans are opting for fewer days of travel, cheaper accommodations, and shorter distances due to rising costs, a recent survey found.
Mortgage activity hits 25-year low as rates rise
The Federal Reserve's strategy of raising interest rates in an attempt to fight sky-high inflation is sending mortgage rates higher, impacting home buyers.
‘Unnecessary’ work meetings waste productivity and money, survey finds
But will bosses listen and cut back on meetings?
More couples are asking wedding guests to help buy a home, experts say
The wedding experts at Zola.com (http://zola.com/) said they’ve seen the number of couples asking for housing-related funds double since 2019.
Gallup: More than half of U.S. workers are ‘quiet quitting’
A poll shows that the workplace has gotten worse for younger employees, particularly those under 35 years old.
Lowe’s to pay $55 million in bonuses for hourly frontline workers amid high inflation
Lowe’s gave seven similar bonuses after the pandemic began in 2020 and 2021.
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.
Inflation, expenses rise sharply as priorities for most Americans, poll finds
Most Americans expressed little confidence in Republicans and Democrats to focus on issues important to them or an ability to work together and get things done.
As inflation soars, one-third of Americans are experiencing financial stress: Survey
More than one-third of households reported difficulties in paying bills recently.
Baby formula shortage: Which foods and techniques boost breast milk production?
Baby formula is the latest staple to be hit by supply chain shortages in the U.S.
Here's how much more you'll be paying for food in 2022, according to USDA estimates
The USDA’s Food Price Outlook estimates that prices at the grocery store will increase by 5%-6% in 2022. Overall, food prices were 8.8% higher in March 2022, compared to a year prior.
Interest rates could increase more than traditional quarter-point, US Fed governor says
Federal Reserve Governor Michelle Bowman says she's open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.
US inflation report: Consumer prices jumped 7.5% in past year, a 40-year high
U.S. inflation jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982.
Democrats propose temporary suspension of federal gas tax to offset soaring prices
The Gas Prices Relief Act would eliminate the 18.4 cents per gallon fuel tax for the rest of 2022.