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Categories Business

Consumers are starting to feel better about the U.S. economy

Author July 15, 2023

There’s still a long way to go — but U.S. consumers are starting to feel better about the economy. The University of Michigan’s

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Categories Business

How raising interest rates helps fight inflation and high prices

Author July 14, 2023

The Federal Reserve raised its key federal funds rate 10 times since March 2022 — something it hasn’t done as aggressively since

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Categories Business

Americans are doing less ‘revenge spending,’ which is a good sign

Author July 14, 2023

It took a while, but people are just about done catching up on experiences lost during the pandemic. While a minority of high-dollar

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Categories Business

Consumer price growth falls for 12th-consecutive month to 3%

Author July 14, 2023

Inflation fell to 3% in June — the 12th-consecutive month of declines. Forecasts called for 12-month consumer price increases to slow from

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Categories Business

Thanks to lower inflation, Americans are finally getting a raise

Author July 13, 2023

For much of the post-pandemic period, U.S. consumers have experienced rapid price increases that touched nearly every aspect of the economy, from

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Categories Business

Bank of America to pay more than $100 million for doubling fees, opening accounts without customer consent

Author July 13, 2023

Bank of America must pay more than $100 million to customers for doubling up on some fees, withholding reward bonuses and opening

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Categories Business

Inflation is easing. What does that mean for your grocery bill?

Author July 13, 2023

As inflation continues to slow, shoppers are finally getting some relief at the grocery store. Rising food prices have been among the biggest

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Categories Business

Microsoft to lay off more employees months after letting 10,000 workers go

Author July 11, 2023

Microsoft confirmed Monday that it’s eliminating additional jobs, a week after the start of its 2024 fiscal year. The cuts are in addition to

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Categories Business

U.S. payrolls climbed by 209,000 in June, less than expected

Author July 11, 2023

Employment growth eased in June, taking some steam out of what had been a stunningly strong labor market. Nonfarm payrolls increased 209,000 in

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Categories Business

Baby boomers and their cash are driving the housing market right now

Author July 9, 2023

Whether you’re contemplating buying or selling a house these days, it’s likely you’re a baby boomer — or are financially supported by

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