Economy - /contrib/economy

A record number of Americans did freelance work in 2022, per an Upwork report.Young Americans led the way — over 40% of Gen Z workers and almost 50% of millennial

The high cost of living is about way more than just inflation.

Grocery shoppers in the city were shelling out more than $8 for a dozen eggs, which are 49% more expensive than they were last year nationwide, according to the latest figures.

India, along with four other countries has been removed from the Currency Monitoring List by the US Department of Treasury last week.

Economists expected the annual rate of inflation in October to fall to 8.0% from 8.2%, but it came in comfortably lower.

Zhao wants his crypto exchange to become a bridge between traditional finance and crypto, according to a report in Bloomberg.

Three-quarters of Americans in our poll say things are going pretty or very badly in America, only 26% think things are going very or fairly well in the country,” Chalian said. “So that spells for a change election. The issue that is driving this election, as you were just talking about with Phil,

Here's one way the inflation story might go. The Federal Reserve raises interest rates by 75 basis points on Wednesday then again in smaller steps in December and February, as expected. The rate at which consumer prices are rising falls from its curre

The findings, published Tuesday by Boston-based business tracker Alignable, are raising more than a eyebrows, as they illustrate the stark effect inflation is having on everyday Americans.

One of the heaviest components of the consumer price index is a lagged indicator. That's a confounding problem for the Fed, writes Jay Parsons.

Diesel demand is surging in the US while supplies remain at the lowest seasonal level ever, according to government data released Wednesday.

News, analysis and comment from the Financial Times, the worlds leading global business publication

The Seattle-based e-commerce giant generated just $5.7 billion in revenue from last week's Prime Early Access sale.

No one expected the Federal Reserve to be able to smother inflation swiftly. But after seven months of rapidly rising interest rates, the central bank has hardly made a dent.

Another uncomfortably high inflation reading for September is likely to keep the Federal Reserve on track to increase interest rates by 0.75 percentage point at its meeting next month.

The three-month smoothed annual rate is telling us that inflation is under control --- for now.

Institutional investors see an opportunity as homebuilders try to unload properties.

To help borrowers afford homeownership, some lenders have introduced zero-down-payment mortgages.Some are suspicious that these products could trigger a repeat

Inflation has caused the cost of living to become untenable for many Americans. Rising prices are almost impossible to dodge no matter where you live, but there are locations that, while not...

New data shows Americans have already burned through a third of their pent-up savings.That's nearly three times more than previously thought, and signals spending