Inflation runs hot for a third straight month, led by by gas and rent
The hotter-than-expected inflation reading could cause the Federal Reserve to delay interest rate cuts, analysts said.
The hotter-than-expected inflation reading could cause the Federal Reserve to delay interest rate cuts, analysts said.
After more than 40 years in business, 99 Cents Only Stores, a discount chain, announced on Thursday that it will close all 371 of its locations and cease operations.
Americans can expect ebbing inflation and a strong job market this year, according to the National Association for Business Economics.
Higher food prices partly caused the hotter-than-expected inflation report. Getting pinched at the grocery store is souring Americans on the economy.
The Federal Bank of New York says inflation expectations are dropping.
The average Texan spends $286.19 per week on groceries, the report says. That's around $1,200 a month – or almost $15,000 a year.
U.S. economy continues to plow ahead, as holiday shoppers shell out more on gifts this year than predicted.
"I think this year has been tough."
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
Many feel worse off than their parents' generation as income isn't keeping up.
One in five say they're going to open a new credit card to budget for gifts.
U.S. consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported.
Compared with 2021, the typical household must spend an additional $11,434 annually just to maintain their standard of living, analysis shows.
The Bay Area is the best performing region within the U.S. for middle- and working-class families, according to a new analysis.
Prices across the U.S. rose 3.2% compared with a year earlier, slightly below economists' forecasts.
About two in three Americans say their household expenses have risen over the last year, but only about one in four say their income has increased in the same period.
Chipotle attributes plans to bump up menu prices again to "state of the economy," a company spokesperson told Insider.
For many, growing bills are outpacing salaries and wages.
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
Though far from its recent peak of 9.1% in June 2022, the figure remains higher than the Federal Reserve's goal of 2%.
Here's your Eye on Money.
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
Some people are cutting certain things from their grocery list, simply because they can't afford it anymore.
In some areas inflation has fallen below 2%, while in other regions prices are still spiraling upward. Why?
Even so, the latest "report contains plenty of pain, especially for lower-income Americans," said one economist.
Some business owners & managers say a lack of enforcement is driving away customers.
Luka Doncic had 28 points and 13 assists, Kyrie Irving scored 28 of 30 points in a second-half surge and the Dallas Mavericks advanced to the second round of the playoffs with a 114-101 victory over the Los Angeles Clippers.
Dallas will now play the Oklahoma City Thunder in the 2nd round.
She played her first WNBA game nearly 900 miles away from the Indiana Fever's homebase. But the stands were filled with fans wearing her jersey.
You can call her the real-life Wonder Woman.
In the harrowing, live video from Freddy McKinney, he yells at the family to "Hurry, get inside!" as they run for their lives, begging him for help.
A storm chaser not only captured a massive tornado touching down in Hawley, Texas on Thursday but ended up rescuing a family of four whose home was destroyed by it.
Luka Doncic had 28 points and 13 assists, Kyrie Irving scored 28 of 30 points in a second-half surge and the Dallas Mavericks advanced to the second round of the playoffs with a 114-101 victory over the Los Angeles Clippers.
She played her first WNBA game nearly 900 miles away from the Indiana Fever's homebase. But the stands were filled with fans wearing her jersey.
The 97-year-old was one of 19 individuals who received the nation's highest civilian honor Friday.
In a statement, Philips said it does not admit any wrongdoing but chose to settle "to end the uncertainty associated with litigation in the U.S."
A scammer a North Texas woman met on Instagram claimed to be a German cardiologist, and for months, the two messaged back and forth, building what she thought was a true relationship.
They found him guilty – now four jurors are explaining how they were convinced to convict Dr. Raynaldo Ortiz.
Texas police departments have the discretion to determine the frequency and extent of additional driving training for their officers. While some require driving training yearly or every other year, others do not.
Some departments opt to melt the firearms down, while others choose to crush them. However, there are instances where firearms, or at least parts of them, escape destruction altogether.
State Rep. Matt Shaheen of Plano also tells political reporter Jack Fink that he agrees with the State of Texas' attempts to block new Title IX rules meant to protect LGBTQ+ students.
State Rep. Ana-Maria Ramos of Dallas also tells political reporter Jack Fink she disagrees with the State of Texas' attempts to block new Title IX rules meant to protect LGBTQ+ students.
Burns' challenger has received high-profile endorsements, including former President and presumed Republican Presidential nominee Donald Trump and Gov. Greg Abbott.
Ex-government employee Miguel Zapata is accused of sending fake FBI tips falsely accusing multiple coworkers of taking part in the Jan. 6, 2021, Capitol breach.
Hope Hicks, one of former President Donald Trump's closest aides for years, told jurors how she handled the fallout from "hush money" payments made to two women before the 2016 election.
Self-driving 18-wheelers have longtime truckers worried about their livelihood and others concerned that the technology needs more testing to make sure the public is safe.
McDonald's concept restaurant CosMc's has taken its drink-focused menu to Dallas for its second-ever location.
With the country on the cusp of greeting the return of spring, a warm-weather treat is once again available for free for a limited time only.
Kelli and Michael Regan were looking for a new dog. The breeder they found online asked them to pay with gift cards.
Target, looking for ways to add sales, is relaunching its Target Circle loyalty program including a new paid membership with unlimited free same-day delivery in as little as an hour for orders over $35.
The Texas dairy worker infected by H5N1 "did not disclose the name of their workplace," frustrating investigators.
A North Texas mother partnered with the Texas Health Resources Foundation to provide a potentially life-saving tool to at-risk pregnant and postpartum moms.
Plaintiffs have three months to vote on whether to approve a proposed legal settlement that would resolve nearly all talc lawsuits.
Cat deaths and neurological disease are "widely reported" around farms where the H5N1 bird flu virus was detected, health officials say.
The White House had been due to decide on the menthol cigarette rule in March.
Within hours of the vote, the U.S. Chamber of Commerce announced it would sue to block the ban. Dallas employment attorney Rogge Dunn predicts employees will ultimately win this battle.
The closure affects both Dom's locations in Chicago, and all 33 Foxtrot stores in Chicago, Texas, and the Washington D.C. area.
Texas law SB 14 prohibits drug and surgical "gender transition" interventions for minors.
The projects are expected to create at least 17,000 construction jobs and 4,500 manufacturing jobs.
After more than 40 years in business, 99 Cents Only Stores, a discount chain, announced on Thursday that it will close all 371 of its locations and cease operations.
A Dallas police source said the sexual assault investigation is over due to insufficient evidence.
Luka Doncic scored 20 of his 35 points in the second half and added 10 assists and seven rebounds, propelling the Dallas Mavericks to a 123-93 victory over the Los Angeles Clippers in Game 5 and a 3-2 lead in the first-round series.
Jason Robertson scored a power-play goal to put Dallas ahead late in the second period after Tyler Seguin took a shot to the face and the Stars beat the Vegas Golden Knights 3-2 in Game 5.
The running back is officially a Dallas Cowboy again after a steak dinner that sealed the deal.
Tickets are not officially on sale yet. You can sign up for presale tickets on the AT&T Stadium website.
The start of the first civil trial stemming from the deadly crowd surge at the 2021 Astroworld festival in Texas has been delayed.
Tickets are not officially on sale yet. You can sign up for presale tickets on the AT&T Stadium website.
Paramount said long-time CEO Bob Bakish will leave the company, which is in discussions to explore a sale or merger.
The vinyl sales alone were monumental, Billboard said, with "the largest sales week for an album on vinyl in the modern era."
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.
State Rep. Matt Shaheen of Plano also tells political reporter Jack Fink that he agrees with the State of Texas' attempts to block new Title IX rules meant to protect LGBTQ+ students.
State Rep. Ana-Maria Ramos of Dallas also tells political reporter Jack Fink she disagrees with the State of Texas' attempts to block new Title IX rules meant to protect LGBTQ+ students.
Burns' challenger has received high-profile endorsements, including former President and presumed Republican Presidential nominee Donald Trump and Gov. Greg Abbott.
A large crowd showed up to watch basketball star Caitlin Clark in her WNBA debut Friday in North Texas.
Storms and scattered rain are possible overnight in North Texas. Rain possibilities exist late Saturday.
A storm chaser not only captured a massive tornado touching down in Hawley, Texas on Thursday but ended up rescuing a family of four whose home was destroyed by it.
Dallas artist Roberto Marquez traveled to the Rafah Crossing in Egypt, the U.S. capital and will attend this weekend's statewide protest in Austin.
On Friday, hundreds of thousands of fans gathered outside and all around Globe Life Field in Arlington to celebrate the Texas Rangers historical World Series win!
Babies in the neonatal intensive care unit at several Texas Health hospitals were dressed in creative costumes for Halloween.
Is that the smell of cotton candy, beignets and brisket wafting over Fair Park? It sure is, and we are here for it!