Economy

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El-Erian: Interest rates, inflation moving in right direction, but lower prices ‘not going to happen’

A prominent economist and educator is warning that Americans squeezed by the highest inflation rates…

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US economy added 12,000 jobs in October, well below economists’ expectations

U.S. job growth slowed down in October, coming in well short of economists' expectations, while…

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IRS increases contribution limits for 401(k), some other retirement plans for 2025

TheĀ Internal Revenue Service (IRS) on Friday announced that it increased the amount that individuals can…

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Why are consumers pessimistic about the economy while inflation is cooling?

Inflation hit the highest level in four decades a little more than two years ago,…

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Lithium discovered under California’s Salton Sea could be boon for US supply

A massive lithium find in California's Salton Sea region could help boost domestic supplies of…

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Job openings tumble more than expected to the lowest since January 2021

The number ofĀ job openings in the U.S. unexpectedly fell in September to the lowest level…

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Infant care costs at least 10% of a family’s annual income in nearly all states

A new report finds thatĀ child care costs for full-time center-based care for one infant costs…

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Texas leads US in job creation over past year

Texas Gov. Greg Abbott is taking a victory lap after new data shows the Lone…

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Visa report highlights emerging scams targeting consumers and travelers

A new report from Visa sheds light on emergingĀ scams targeting consumers and travelers, which have…

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Gold prices rise to all-time highs with US debt mounting, election uncertainty

Gold prices reached new record highs this week amid uncertainty surrounding the upcoming election and…

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