Federal Reserve Chair Jerome Powell says rate hikes to be decided 'meeting by meeting'
Concerns are growing among some that the Federal Reserve may tighten credit so much that it may cause a potential recession.
Concerns are growing among some that the Federal Reserve may tighten credit so much that it may cause a potential recession.
Gas station that fired manager who sold gas for 69 cents declining GoFundMe money: report
The man who was fired for mistakenly selling gas at 69 cents a gallon in Rancho Cordova said the company is declining thousands of dollars raised to repay for the error.
The man who was fired for mistakenly selling gas at 69 cents a gallon in Rancho Cordova said the company is declining thousands of dollars raised to repay for the error.
Biden will call on Congress to pause gas tax for 3 months
The federal government currently charges 18 cents in taxes per gallon of gasoline.
The federal government currently charges 18 cents in taxes per gallon of gasoline.
Roommates? New option for affordable housing comes to Orlando
Rent in Central Florida continues to rise. A study done this month by Florida Atlantic University indicates it has gone up nearly 24% over a year in Orlando, with an average rent of $1,999.
Rent in Central Florida continues to rise. A study done this month by Florida Atlantic University indicates it has gone up nearly 24% over a year in Orlando, with an average rent of $1,999.
Kellogg to split into 3 companies
Kellogg Company said the businesses have 'significant standalone potential.'
Kellogg Company said the businesses have 'significant standalone potential.'
American Airlines ending service in three cities due to pilot shortage
American Airlines is ending service in three cities this fall in response to the industry-wide pilot shortage.
American Airlines is ending service in three cities this fall in response to the industry-wide pilot shortage.
Ford CFO flags increase in car loan delinquencies
Average monthly car loan payments hit a record of $656 for new vehicles, $546 for used vehicles in May: Edmunds.
Average monthly car loan payments hit a record of $656 for new vehicles, $546 for used vehicles in May: Edmunds.
Gas prices soar around the world amid Russia-Ukraine war, rebound from COVID-19
Energy prices are a key driver of inflation that is rising worldwide and making the cost of living more expensive.
Energy prices are a key driver of inflation that is rising worldwide and making the cost of living more expensive.
US Treasury Secretary Janet Yellen says recession is not inevitable
She also discussed Sunday an openness to lowering the federal gas tax to give drivers some relief at the pump.
She also discussed Sunday an openness to lowering the federal gas tax to give drivers some relief at the pump.
Apple employees at Maryland store vote to unionize
The Apple vote is the latest in a growing push across the U.S. in tech, retail and service industries to organize for greater workplace protection
The Apple vote is the latest in a growing push across the U.S. in tech, retail and service industries to organize for greater workplace protection
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.
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.
Hot sauce, tampon shortages lead growing list of out-of-stock items
Consumers, already being pummeled by surging prices, now have to worry about product shortages.
Consumers, already being pummeled by surging prices, now have to worry about product shortages.
100 million Americans carry medical debt with some owing more than $10K, poll finds
Some people say they have medical debt they owe to a relative or friend for a loan they received to pay a medical or dental bill.
Some people say they have medical debt they owe to a relative or friend for a loan they received to pay a medical or dental bill.
Rough waters ahead for cruise industry as it grapples with staffing slump amid travel heating up
Major cruise stocks fell to an average of 48% this year
Major cruise stocks fell to an average of 48% this year
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.
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.
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.
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.
California gas station manager fired after accidentally selling fuel for 69 cents a gallon
A gas station manager in California is out of a job after he mistakenly set his pumps to just 69 cents a gallon instead of $6.99.
A gas station manager in California is out of a job after he mistakenly set his pumps to just 69 cents a gallon instead of $6.99.
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.
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.
Inflation: Federal Reserve expected to announce biggest interest rate hike since 1994
The Federal Reserve is expected Wednesday to announce its largest interest rate hike since 1994 — a bigger increase than it had previously signaled and a sign that the central bank is struggling to restrain stubbornly high inflation.
The Federal Reserve is expected Wednesday to announce its largest interest rate hike since 1994 — a bigger increase than it had previously signaled and a sign that the central bank is struggling to restrain stubbornly high inflation.
Inflation: Higher hotel room rates could put damper on Florida tourism
Hotel room rates pushed up by demand during the past year might now be hindering tourism amid increasing inflation, state tourism officials said.
Hotel room rates pushed up by demand during the past year might now be hindering tourism amid increasing inflation, state tourism officials said.