Economy

Some rural schools are dipping into savings to keep up with inflation

4:41pm May 09, 2022

by Kendall Crawford

The rising cost of fuel, energy and food are straining rural school districts' already tight budgets. Many districts fear what continued inflation could mean for programming, upkeep and even staffing.

Economy

This week in economics

5:49pm May 07, 2022

by Scott Horsley

The Federal Reserve raised interest rates this week, in an effort to tamp down inflation. The Fed is worried in part about the tight job market, which saw another strong month of job growth in April.

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Economy

Why the stock market is so volatile right now

8:05am May 07, 2022

by David Gura

Wall Street's worries about the Federal Reserve's ability to deal with high inflation has led to some wild swings in the market, and that heightened volatility is likely to continue.

A woman presses a button to fill up a gas tank at a gas station in East Dundee, Ill. on March 19.

Florida approves 10 tax-free holidays for essentials like gas and diapers

8:43pm May 06, 2022

by Jaclyn Diaz

This move comes as Americans are facing inflation and high gas prices.

Economy

Latino homebuyers are most likely to use risky financing, survey finds

5:33pm May 06, 2022

by A Martínez

More than a third of the Latino households surveyed by the Pew Research Center said they'd used something other than a traditional mortgage. Alternative financing can come with high costs and risks.

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Wages are rising, but can't keep up with cost of living — and could worsen inflation

4:20pm May 06, 2022

by Scott Horsley

U.S. employers added 428,000 jobs in April, as the unemployment rate held steady at 3.6%. Stiff competition for workers is pushing up wages, which has inflation watchdogs concerned.

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Eviction filings are rising even as rents spike and inflation cuts deeper into household budgets.

Eviction filings are up sharply as pandemic rental aid starts to run out

4:20pm May 06, 2022

by Jennifer Ludden

The federal rental aid program expects to distribute the rest of its money by mid-summer. Some cities have already run out of funding, pushing eviction filings higher than before the pandemic.

Beware, new student loan borrowers: Interest rates are about to jump

3:11pm May 06, 2022

by Cory Turner

Student loan interest rates reset every May. This year, they're on the rise.

Pedestrians walk past a Now Hiring sign in Arlington, Va., on March 16.

Economy

The U.S. jobs market continues its strong comeback from the pandemic

10:17am May 06, 2022

by Scott Horsley

U.S. employers added 428,000 jobs in April, as the unemployment rate held steady at 3.6%.

Economy

News brief: access to abortion, jobless report preview, Northern Ireland election

7:20am May 06, 2022

If Roe v. Wade is over turned, certain groups of people would be disproportionately affected. Unemployment data is released Friday. Results are expected Friday in Northern Ireland's election.

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