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.

Don’t pick up folded dollar bills, authorities warn

Authorities in Tennessee have issued a warning against picking up folded dollar bills after one was found containing a substance that tested positive for fentanyl.

What makes a bear market? Wall Street term explained

Wall Street is back in the claws of a bear market amid worries about inflation and higher interest rates. Here are answers to some common questions about bear markets.

These electric vehicles are cheaper to own than gas ones now

Building electric vehicles is expensive, which is why their prices are high, and it's mostly about the batteries.

Stretch Your Dollar: What to know about expiration dates
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Do you have something in your fridge that's just about at its expiration date? Well don't throw anything away yet...we tell you how you can save money on your groceries by not tossing food that's hit its expiration date...because it's still good.

Gas prices hit $5 nationwide for the first time ever

The national average price has jumped 19 cents in just the past week, and it is up $1.93 from this time last year.

Biden blames pandemic, Putin as high US inflation persists

In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration.

Summit of the Americas: President Biden discusses inflation, product shortages in San Pedro

President Biden made a speech at the Port of Los Angeles Friday on inflation and the actions the administration has taken to lower prices and address supply chain challenges.

US inflation hit 8.6% in May, a new 40-year high

Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.

Teens clueless on investing basics: study

A new study from Fidelity shows younger generation has little understanding of money issues.

Annual cost for child care up 41%: report

On average, parents are spending more than $14,000 a year on child care.

No, you're not imagining it — package sizes are shrinking, here's why

Shrinkflation isn’t new, experts say. But it increases during times of high inflation as companies grapple with high costs for ingredients, packaging, labor, and transportation.

Downtown LA growing despite pandemic: report

Downtown LA is bouncing back and growing despite the ongoing COVID-19 pandemic.