Economy

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Cash in money market accounts at record level as rate cuts loom

The amount of cash held by investors in money market accounts reached a record level…

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Here’s why grocers are really raising prices

The grocery store industry is facing accusations levied by some politicians that stores are engaging…

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Car insurance rates are surging — and could spike over 50% in these states

Car prices are finally on the down swing, but drivers are facing a new financial…

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Dallas Fed highlights warning pointing to ‘economic weakness’

The Federal Reserve Bank of Dallas released its monthly Texas Manufacturing Outlook this week, which…

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US firms’ ‘low firing’ approach could turn to more layoffs, Fed’s Barkin warns

The "low-hiring, low-firing" approach that U.S. businesses currently take to their employment decisions is unlikely…

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Fed’s actions carried more weight than words in taming inflation: researchers

The credibility of the Federal Reserve helped financial markets in the central bank's multiyear battle…

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Former pilot who tried to kill plane engines says he wants to fly again

The former pilot who attempted to turn off the engines of a passenger airplane mid-flight…

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USPS could slow service in certain areas as it seeks to cut costs

The United States Postal Service (USPS) is considering cost-cutting measures that could result in slower…

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Canadian freight railroads shut down over union dispute

The two largest rail companies in Canada locked out nearly 10,000 unionized employees Thursday after…

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US economy missing 818,000 jobs. America, we’re dealing with a wacky view of our economic health

Government statistics have tended to paint a more upbeat picture of the economy than how…

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