Gas prices coming down but inflation will likely stay high
Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months.
Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months.
Most electric vehicles won't quality for tax credit despite proposed bill
“The $7,500 credit might exist on paper," John Bozzella, CEO of the Alliance of Automotive Innovation, said in a statement, “but no vehicles will qualify for this purchase over the next few years.”
“The $7,500 credit might exist on paper," John Bozzella, CEO of the Alliance of Automotive Innovation, said in a statement, “but no vehicles will qualify for this purchase over the next few years.”
July jobs breakdown: Which industries hired the most workers last month?
Hiring at bars and restaurants bolstered July job growth.
Hiring at bars and restaurants bolstered July job growth.
Milwaukee lakefront events had $3.2M economic impact in July
Major events returning to Milwaukee’s lakefront in July created a significant economic boost for the region, according to Milwaukee County Parks.
Major events returning to Milwaukee’s lakefront in July created a significant economic boost for the region, according to Milwaukee County Parks.
US added surprising 528K jobs in July despite inflation, recession fears
The American job market has repeatedly defied skeptics this year. Economists had expected only 250,000 new jobs this month.
The American job market has repeatedly defied skeptics this year. Economists had expected only 250,000 new jobs this month.
Food banks in America experience surging demand: 'No sign of it slowing down any time soon'
High gas prices plus supply-chain shortages and long-term pandemic effects are impacting food banks nationwide.
High gas prices plus supply-chain shortages and long-term pandemic effects are impacting food banks nationwide.
How to recession-proof your life
If you think a recession could destabilize your finances, here are some things you can do to prepare.
If you think a recession could destabilize your finances, here are some things you can do to prepare.
Man opens up about leaving teaching for better-paying Walmart job
The 28-year-old man said the chance to move up without getting an advanced degree was one of the motivating factors for him to leave the education field.
The 28-year-old man said the chance to move up without getting an advanced degree was one of the motivating factors for him to leave the education field.
Are we in a recession? The definition of recession explained
Is the U.S. headed for a recession? It depends on who you ask.
Is the U.S. headed for a recession? It depends on who you ask.
What's in, and out, of Democrats' climate, health care and inflation bill
Here’s a look at the Democrats' "Inflation Reduction Act of 2022" as it stands after Senate Majority Leader Chuck Schumer and holdout Sen. Joe Manchin reached a deal.
Here’s a look at the Democrats' "Inflation Reduction Act of 2022" as it stands after Senate Majority Leader Chuck Schumer and holdout Sen. Joe Manchin reached a deal.
Recession fears rise after US economy shrinks for second straight quarter
The latest figures are raising fears that the nation may be approaching a recession.
The latest figures are raising fears that the nation may be approaching a recession.
Manchin says deal reached with Schumer on tax and climate bill
In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin have reached an expansive agreement that had eluded them for months on health care, energy and climate issues, taxes on higher earners and corporations and trimming the federal debt.
In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin have reached an expansive agreement that had eluded them for months on health care, energy and climate issues, taxes on higher earners and corporations and trimming the federal debt.
Fed hikes interest rate by 0.75 percentage points in bid to curb inflation
The Federal Reserve raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.
The Federal Reserve raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.
US new home sales drop to lowest level in 2 years
New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.
New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.
Used cars costing consumers $10,000 more than 'normal' as inflation rages
It's a bad time for consumers looking to buy a used car.
It's a bad time for consumers looking to buy a used car.
Milwaukee gas prices hover around $4: 'unpredictable' says AAA
The national average for gas is about $4.52, but FOX6 found a few gas stations under $4 in the Milwaukee area. AAA says gas prices are unpredictable.
The national average for gas is about $4.52, but FOX6 found a few gas stations under $4 in the Milwaukee area. AAA says gas prices are unpredictable.
Inflation hits wedding industry, caterers hard
The wedding industry and caterers are having to adjust to the highest inflation in 40 years amid what a study by The Knot predicts to be a busy year.
The wedding industry and caterers are having to adjust to the highest inflation in 40 years amid what a study by The Knot predicts to be a busy year.
US inflation reached 9.1% in June, a new 40-year high
U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.
U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.
Costco raises prices on food court soft drinks, chicken bake
Wholesale retailer Costco reported June net sales of $22.78B.
Wholesale retailer Costco reported June net sales of $22.78B.
Inflation, expenses rise sharply as priorities for most Americans, poll finds
Most Americans expressed little confidence in Republicans and Democrats to focus on issues important to them or an ability to work together and get things done.
Most Americans expressed little confidence in Republicans and Democrats to focus on issues important to them or an ability to work together and get things done.