Why the stock market is so volatile right now
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.
Economy
Florida approves 10 tax-free holidays for essentials like gas and diapers
This move comes as Americans are facing inflation and high gas prices.
Latino homebuyers are most likely to use risky financing, survey finds
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.
Wages are rising, but can't keep up with cost of living — and could worsen inflation
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.
Eviction filings are up sharply as pandemic rental aid starts to run out
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
Student loan interest rates reset every May. This year, they're on the rise.
The U.S. jobs market continues its strong comeback from the pandemic
U.S. employers added 428,000 jobs in April, as the unemployment rate held steady at 3.6%.
News brief: access to abortion, jobless report preview, Northern Ireland election
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.
An unusually tight job market has a potential downside for the broader economy
The Labor Department reports on monthly job gains for April Friday morning. The month began with a record number of job openings, which is good for prospective employees.
Stocks dive, a day after their best session in years, as economic fears intensify
The declines come a day after the Federal Reserve raised interest rates by the most in over two decades as it embarks on a high-stakes fight to bring down inflation.