Economy

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California braces for possible gas price hike after tighter climate rules

California drivers may soon see a hike in gas prices after state regulators approved tougher…

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Mortgage rates climb again, hurting demand further

Mortgage rates marched higher for the sixth straight week while purchase demand continues to decline…

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Why was the economy the top issue in the election?

American voters had the economy on their minds when they cast their ballots, sending President-elect Trump…

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Fed cuts interest rates by quarter point

The Federal Reserve on Thursday announced its second consecutive interest rate cut, lowering the benchmark…

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Massachusetts voters pass measure letting Uber, Lyft drivers unionize

Massachusetts voters on Tuesday approved a ballot measure that gives ride-share drivers for app-based companies…

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Manufacturing sector sheds 78K jobs in last three months

The manufacturing sector continued to shed jobs in October, bringing its tally of job losses to…

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Battleground state Pennsylvania continues to have inflation over national average

Battleground state Pennsylvania will be closely watched on Election Day, and Keystone State consumers are…

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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

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

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