Economy

Economy

What recession? Why stocks are surging despite warnings of doom and gloom

4:26pm July 05, 2023

by David Gura

Halfway through the year, hopes about AI and a sturdier-than-expected economy are leading to a big rally in stock markets — but a lot of uncertainty still lies ahead.

Tipping machines have replaced tip jars in many places as more people pay electronically.

Economy

To tip or not to tip? 3 reasons why tipping has gotten so out of control

3:42pm July 05, 2023

by Stacey Vanek Smith

The pandemic, technology and the economy have combined to create the perfect storm for "tip-flation" — but we might be at a tipping point.

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Deandrea Rahming was apprehensive about going back to work after more than a decade out of the job market, but in the wake of the pandemic she found employers eager to hire.

Economy

Women are returning to the job market in droves, just when the U.S. needs them most

11:15am July 05, 2023

by Scott Horsley

The pandemic was hard on working women, but they've come roaring back into the labor force. The share of working-age women who have jobs or want one hit an all-time high in May.

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The Explosive Growth Of The Fireworks Market

7:58am July 04, 2023

Over the last few decades, states and counties across America have liberalized the use of fireworks. It's just one reason why sales of fireworks have exploded.

Travelers wait in line at Hartsfield-Jackson Atlanta International Airport in Atlanta on June 30, 2023, ahead of the 4th of July holiday weekend. Consumers are traveling and eating out more though they are paring down spending in other ways.

Economy

Here are the 5 things to know about the state of the economy this Independence Day

6:00am July 04, 2023

by Scott Horsley

As the U.S. celebrates its birthday with hot dogs and fireworks, the economy continues to grow, the job market is strong, but inflation and rising interest rates are keeping recession fears alive.

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Striking hotel workers rally outside the InterContinental Hotel after walking off their job early Sunday, July 2, 2023, in downtown Los Angeles.

Hotel workers' strike disrupts July 4th holiday in Southern California

7:19pm July 03, 2023

by Andrea Hsu

Hotel workers in Los Angeles, Santa Monica and Orange County are striking for better wages and working conditions, affecting scores of hotels over the July 4th holiday.

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The factors behind the huge resurgence of women in the workforce

5:29pm July 03, 2023

by Scott Horsley

The pandemic was hard on working women, but they've come roaring back into the labor force. The share of working-age women who have jobs or want one hit an all-time high in May.

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How America's debate over student loans has changed over the decades

5:29pm July 03, 2023

At the start of the 20th century, only the most privileged could afford to go to college. Today, millions of students pursue higher education, but collectively they owe $1.7 trillion in debt.

Treasury Secretary Janet Yellen is shown testifying before the House Financial Services Committee during a hearing regarding the state of the international financial system at the Capitol in Washington, Tuesday, June 13, 2023.

Treasury Secretary Yellen set to travel to Beijing to help ease U.S.-China relations

3:22am July 03, 2023

by The Associated Press

Yellen, who has called the notion of an economic decoupling from China "disastrous," has frequently said in the past year that she would like to visit China.

Meat prices have risen 13% since 2021. Prices are still going up, even though not at eye-popping rates any more.

Economy

As meat prices hover near record highs, here are 3 ways to save on your July 4 cookout

4:55pm July 01, 2023

by Erin Kenney

If you're planning to throw some meat on the grill this weekend, here are some ways to save money in the process.