Staying cool this Summer will cost more than usual
Keeping cool could burn a hole in many U.S. household budgets this Summer.
U.S. economy
Survey: Americans to spend less on vacations this Summer
On the first day of Summer, consumers say they are planning to spend less on away-from-home entertainment and vacations this year.
Retail sales rose less than expected in May
People pulled back on spending last month.
Gas prices cheaper than 2 year ago
Gas prices are cheaper than last Summer and miles away from where they peaked two years ago.
Federal Reserve keeps interest rates at 23 year high
The Federal reserve on Wednesday announced it’s keeping its benchmark lending rates where they are.
Poll: Most Americans fed up with CEO pay gap
A new poll finds Americans are fed up with the massive salary and bonuses CEOs are getting.
US inflation cooled in May in a sign that price pressures may be easing
Inflation in the United States eased in May for a second straight month, a hopeful sign that an acceleration of prices that occurred early this year may have passed.
Federal Reserve sees some progress on inflation but envisions just one rate cut this year
Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this year.
Cost of homeownership up 26% since 2020
The hidden costs of home ownership are rising rapidly.
US gas prices are falling. Experts point to mild demand at the pump ahead of summer travel
Gas prices are once again on the decline across the U.S., bringing some relief to drivers now paying a little less to fill up their tanks.
