Skip to main content
AP
  • Updated

New York (AP) — The OPEC oil cartel and allied producing nations decided Thursday to boost production of crude by an amount that will likely do little to relieve high gasoline prices at the pump and energy-fueled inflation plaguing the global economy.

AP
  • Updated

New York (AP) — Stocks are opening mostly lower on Wall Street Wednesday, extending a weak stretch for the market into a third straight day. The S&P 500 was down 0.5% in the early going. The benchmark index has fallen three out of the past four weeks. Nearly halfway through 2022, the ind…

AP
  • Updated

Washington, D.C. (AP) — Fewer Americans applied for jobless benefits last week as the U.S. job market remains robust despite four-decade high inflation and a myriad of other economic pressures.

AP
  • Updated

Washington, D.C. (AP) — The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades — and signaling more large rate increases to come that would raise the risk of anothe…

AP
  • Updated

WASHINGTON (AP) — Inflation is at a 40-year high. Stock prices are sinking. The Federal Reserve is making borrowing much costlier. And the economy actually shrank in the first three months of this year.

AP
  • Updated

Washington, D.C. (AP) — The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs.

featured

The U.S. Department of Agriculture (USDA) has released its latest report on food price inflation—called the "food price outlook"—and the outlook is grim. Facing the effects of Covid-19, the potential consequences of avian influenza, and market reactions to the war in Ukraine, food prices are…

Harrisburg, Pa — Attorney General Josh Shapiro is advising Pennsylvanians ahead of the April 18 tax filing deadline to be careful when receiving calls or texts that claim to be about their taxes.