Toyota to limit smart keys to 1 per new vehicle sold, due to semiconductor shortage

In an effort to ration semiconductors, Toyota Motor Corp. reportedly announced Thursday that it would replace one of the two "smart" keys it delivers in Japan with a mechanical one. 

Prices on new, used vehicles finally begin to creep down from inflated highs

Even with the average price of new and used vehicles beginning to ease, auto purchases remain unaffordable for many, with average prices still 30% to 50% above where they were in early 2020.

IRS inflation adjustment could lower your tax bill in 2023

The changes are meant to help Americans whose earnings haven’t kept up with the increased cost of living.

Biden to release up to 15 million barrels of oil from strategic reserve

President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve Wednesday as part of a response to recent production cuts announced by OPEC+ nations.

Social Security benefits to jump by 8.7% in 2023

The Social Security cost-of-living adjustment means the average recipient will receive more than $140 a month starting in January.

Biggest Social Security cost-of-living increase in decades expected this week

Roughly 70 million Americans are likely to see a notable boost in their monthly checks. Here’s what to know ahead of the expected COLA increase announcement this week.

Nobel economics prize awarded to former Fed chair Ben Bernanke, 2 other Americans

The Nobel Prize winners’ research took on great real-world significance when investors sent the financial system into a panic during the fall of 2008.

Another month of solid US hiring suggests more big Fed hikes

America’s employers slowed their hiring in September but still added 263,000 jobs, a solid figure that will likely keep the Federal Reserve on pace to keep raising interest rates aggressively to fight persistently high inflation.

Americans changing holiday travel plans due to inflation, survey finds

Over the holidays, many Americans are opting for fewer days of travel, cheaper accommodations, and shorter distances due to rising costs, a recent survey found.

Mortgage activity hits 25-year low as rates rise

The Federal Reserve's strategy of raising interest rates in an attempt to fight sky-high inflation is sending mortgage rates higher, impacting home buyers.

More couples are asking wedding guests to help buy a home, experts say

The wedding experts at Zola.com (http://zola.com/) said they’ve seen the number of couples asking for housing-related funds double since 2019.

1 in 5 Americans dating less because of inflation

From rent prices to the grocery store, inflation has impacted almost every aspect of Americans’ lives. Love lives included.

Final GDP estimate for Q2 confirms negative economic growth

GDP contracted in the second quarter of 2022, according to the final estimate from the Bureau of Economic Analysis (BEA). Here's what that means for you.