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Economy
‘Waffle House Index’ shows Florida closures as Hurricane Milton approaches
Hurricane Milton is approaching central Florida, with the powerful storm due to make landfall late…
The ‘Great Hesitation:’ Fewer Americans are switching jobs lately as labor market cools
Tens of millions of Americans switched jobs during the past couple of years, lured by…
California loses two more property insurers in growing crisis
Two more insurance companies are ending property insurance coverage in California, adding to the growing…
The cost of buying a house hit another record high as mortgage rates spike again
The cost of buying a new house just hit a fresh record as mortgage rates…
Interest rate cut odds dwindle as inflation progress stalls
A string of hotter-than-expected inflation data since the start of the year has diminished the…
Fed’s Powell says inflation data this year shows a ‘lack of progress’
Federal Reserve Chair Jerome Powell on Tuesday said it is likely that inflation will take…
American workers want record wages to change jobs, NY Fed finds
A new report from the New York Federal Reserve found that the lowest wage that…
As energy prices soar, Biden administration jacks up costs to drill on public lands
The Biden administration on Friday finalized a rule that will make it more expensive for…
US consumer sentiment falls more than expected as inflation fears rise
U.S. consumer sentiment and Americans' view on the economy both fell more than expected in…
‘Drives me absolutely insane’: Sticker shock at the pump as gas prices up over 50% since Biden took office
Rising gas prices under President Biden's watch have led some Americans to face "painful" and…
Dancers at Alabama strip club sue over ‘socialist’ tipping system
Two dancers at an Alabama strip club are suing their former employer over several alleged…
Federal Reserve slashing rates ahead of Election Day would likely just superficially boost US wallets: experts
The Federal Reserve is anticipated to slash interest rates this year ahead of Election Day,…
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