July jobs breakdown: Which industries hired the most workers last month?
Hiring at bars and restaurants bolstered July job growth.
US added surprising 528K jobs in July despite inflation, recession fears
The American job market has repeatedly defied skeptics this year. Economists had expected only 250,000 new jobs this month.
Walmart announces layoffs amid lower profit forecasts
Walmart expects adjusted earnings per share for Q2 to decline to around 8% or 9%.
California tenants: Your rent could increase up to 10% starting Aug. 1; here's why
Heads up, California renters - Aug. 1 marks the day landlords across the state are permitted to hike up rent by as much as 10%. Here's what you need to know.
How to recession-proof your life
If you think a recession could destabilize your finances, here are some things you can do to prepare.
Man opens up about leaving teaching for better-paying Walmart job
The 28-year-old man said the chance to move up without getting an advanced degree was one of the motivating factors for him to leave the education field.
Are we in a recession? The definition of recession explained
Is the U.S. headed for a recession? It depends on who you ask.
What's in, and out, of Democrats' climate, health care and inflation bill
Here’s a look at the Democrats' "Inflation Reduction Act of 2022" as it stands after Senate Majority Leader Chuck Schumer and holdout Sen. Joe Manchin reached a deal.
US economy enters technical recession after growth tumbles 0.9% in the second quarter
Recessions are technically defined by two consecutive quarters of negative economic growth and are characterized by high unemployment, low or negative GDP growth, falling income and slowing retail sales.
Recession fears rise after US economy shrinks for second straight quarter
The latest figures are raising fears that the nation may be approaching a recession.
Manchin says deal reached with Schumer on tax and climate bill
In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin have reached an expansive agreement that had eluded them for months on health care, energy and climate issues, taxes on higher earners and corporations and trimming the federal debt.
Fed hikes interest rate by 0.75 percentage points in bid to curb inflation
The Federal Reserve raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.
President Biden weighs extending student loan payment pause beyond August 31
The White House said that President Biden is deliberating whether to extend the pause on federal student loan payments beyond Aug. 31 and forgive a portion of student debt per borrower.
Ventura County has the most severe housing shortage in the US: study
The Oxnard-Thousand Oaks-Ventura metro area ranked first as experiencing the worst housing shortage in the United States, beating out Los Angeles, San Francisco, New York, and other big metros across the country.
US new home sales drop to lowest level in 2 years
New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.
IRS working to increase audit rates for high-earning Americans
The IRS announced it will begin increasing audit rates for high-earning Americans making more than $100,000 a year.
Restaurants reportedly skimping on wine pours amid high inflation, supply chain issues
Inflation and supply chain shortages continue to impact every industry, from food to fuel, and now fun.
Fed set to impose another big rate hike to fight inflation
Federal Reserve Chairman Jerome Powell Wednesday will address the Fed's plans to raise interest rates until inflation falls, even if it possibly slows economic growth.
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.
Nearly half of Americans will take on debt this year despite higher borrowing costs: survey
Even with the Federal Reserve expected to raise borrowing rates again next week, adding debt is “not necessarily a bad sign," analysts say.