Economy

The Federal Reserve raised interest rates a surprising .75% to try to tame record high inflation. Is it too little, too late? And will slowing inflation trigger a recession?

The move the Fed announced after its latest policy meeting will increase its benchmark short-term rate, which affects many consumer and business loans.

Air travel demand is back to pre-pandemic levels, while fares are soaring. Staffing shortages leave airlines with little wiggle room when bad weather hits.

A hearing is underway to consider whether the Amazon Labor Union's historic union victory on Staten Island should stand — or whether a re-do election is warranted.

Wall Street entered a bear market Monday as the S&P 500 sank 3.9%, bringing it more than 20% below the record high it set in January.

The convention brings 57 unions together to debate, vote on resolutions and chart the course for the labor movement's future.

Frederick Taylor began experimenting with “scientific management” at Nicetown’s Midvale Steel.

Gasoline has become more expensive given that oil prices have surged as the world recovers from the pandemic. Russia's invasion of Ukraine has also made things worse.

The new funding comes amid a nationwide shortage of infant formula.

Consumers are watching their pennies at the gas station and grocery store as prices soar, but continue to spend freely in other areas by tapping savings or credit cards.

Experts say shrinkflation proliferates in times of high inflation as companies grapple with rising costs for ingredients, packaging, and labor.

The Cherokee National History Museum will host a launch event for the new quarter. Mankiller was the first woman to head a major Native American nation in the U.S.

President Joe Biden is invoking the Defense Production Act to increase U.S. manufacturing of solar panels while declaring a two-year tariff exemption on some imported panels.

Working from home isn't possible in many jobs, but in companies where it is, the return to office has become a point of tension between workers and their bosses.

Cryptocurrency donations have become a big part of fundraising for many candidates running for office across the U.S. But not all candidates can solicit those donations.