Amid high inflation, 63% of Americans are living paycheck to paycheck
As rising prices continue to weigh on households, more families are feeling stretched too thin. As of November, 63% of Americans were living paycheck to...
Walmart, JPMorgan, GM CEOs talk about possible slowdown
General Motors CEO Mary Barra speaks during a visit of the US president to the General Motors Factory ZERO electric vehicle assembly plant in Detroit,...
S&P 500 and Nasdaq end Friday lower after November jobs report
Stocks cut much of their earlier losses Friday as investors looked past hotter-than-expected labor data to the upcoming Federal Reserve meeting. The Dow Jones Industrial...
Fed Chair Jerome Powell says smaller rate hikes could come in December
WASHINGTON – Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead even as he sees progress in the fight...
Tech layoffs approach Great Recession levels: ‘It was not sustainable or real’
The number of tech layoffs this year is nearing annual levels seen during the Great Recession, but is far from dot-com-bust territory. As technology companies...
60% of Americans live paycheck to paycheck heading into 2022 holiday
Just as the holiday shopping season gets into full swing, families are finding less slack in their budgets than before. As of October, 60% of...
More Americans live paycheck to paycheck as inflation outpaces income
As rising prices continue to outpace wage gains, families are finding less cushion in their monthly budget. As of September, 63% of Americans were living...
Retirement security is being threatened by high inflation
Retirement is the final chapter of the American dream. But the dream of the “golden years” is quickly turning into a fairy tale for a...
Fed’s Evans says fighting inflation is the top priority even if that means job losses
Chicago Federal Reserve President Charles Evans said the central bank is holding fast in its commitment to bring down inflation even if it means people...
Stubborn inflation forces more Americans to live paycheck to paycheck
Inflation is a persistent problem The consumer price index, which measures the average change in prices for consumer goods and services, rose a higher-than-expected 8.3% in...