Economy

A slew of companies have already announced their seasonal hiring plans.

The average price of butter in August jumped 24.6% compared to a year ago, U.S. labor statistics show. Here’s what is driving the increase.

Home prices have already declined 5% from their May peak.

Stocks tumbled worldwide Friday on more signs the global economy is weakening, just as central banks raise the pressure even more with additional interest rate hikes.

The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.

Sales of previously owned houses fell in August for the seventh consecutive month as rising interest rates pushed potential homebuyers out of the market.

A poll shows that the workplace has gotten worse for younger employees, particularly those under 35 years old.

After rising again Friday, the dollar is near its highest level in more than two decades against a key index measuring six major currencies, including the euro and Japanese yen.

The tentative railway labor agreement averted a nationwide strike that could have been devastating to the economy.

Here are some questions people are likely to have about the standoff, along with answers about what it means for the economy.

Members of one union are rejecting a tentative deal with the largest U.S. freight railroads while three other unions remained at the bargaining table just days ahead of a national strike deadline.

A potential strike could impact shipments of everything from clothes to cars, hurting businesses nationwide as they deal with ongoing supply chain problems. The deadline to avoid a strike is Friday.

Many of the data points within the inflation report were worse than economists expected, including some the Fed pays particular attention to, such as inflation outside of food and energy pri

Inflation has driven up the costs of families’ grocery bills, rents, and utility costs, placing hardships on households and increasing gloom about the economy despite job growth and low unemployment.

A possible worker strike would threaten the U.S. economy with an estimated cost of $2 billion per day.

Western states facing inflation rate of 9.6% even as price increases show hint of slowdown.

Michaels says it's giving holiday hires more earning potential.

The economy added 315,000 jobs last month, down from 526,000 in July and below the average gain of the previous three months.