The prices of these products have dropped, defying high inflation

Inflation has eased in recent months but remains sky-high, especially for some household items like eggs and flour.

Price hikes for other products,… Read more

IRS nominee: No audit boost for households under $400,000

WASHINGTON -- If confirmed as IRS commissioner, Daniel Werfel says he will commit to not increasing tax audits on businesses and households making… Read more

Electric vehicle batteries require precious minerals. That old cellphone may be the solution

That old laptop, cellphone and TV remote may have a newfound purpose: powering the next generation of electric vehicles.

Luxury brand Audi recently… Read more

Homebuyers need more than falling mortgage rates to jump back into the market

A recent decline in mortgage rates has convinced some homebuyers to come off the sidelines. But other factors may keep buyers out of the market.

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US inflation and consumer spending cooled in December

WASHINGTON -- The Federal Reserve's preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that… Read more

Feds seize more than $600 million in assets from FTX founder Sam Bankman-Fried: Court filing

The federal government has seized more than $600 million in assets from disgraced cryptocurrency executive Sam-Bankman Fried this month, according… Read more

Car insurance rates to rise 8.4% in 2023: Report

As cooling inflation offers consumers much-needed relief, many car owners are in for a rude awakening when insurance renewal arrives this year, a new… Read more

Here's what House Speaker McCarthy's chaotic election means for the economy and debt ceiling

House Speaker Kevin McCarthy, R-Calif., emerged with gavel in hand on Saturday after fierce Republican negotiations, but the concessions he made in… Read more

Another round of Coinbase job cuts, 20% of workforce let go

NEW YORK -- Cryptocurrency trading platform Coinbase is cutting approximately 20% of its workforce, or about 950 jobs, in a second round of layoffs… Read more