Economy

The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.

Sales of previously owned houses fell in August for the seventh consecutive month as rising interest rates pushed potential homebuyers out of the market.

A poll shows that the workplace has gotten worse for younger employees, particularly those under 35 years old.

After rising again Friday, the dollar is near its highest level in more than two decades against a key index measuring six major currencies, including the euro and Japanese yen.

The tentative railway labor agreement averted a nationwide strike that could have been devastating to the economy.

A potential strike could impact shipments of everything from clothes to cars, hurting businesses nationwide as they deal with ongoing supply chain problems. The deadline to avoid a strike is Friday.

Inflation has driven up the costs of families’ grocery bills, rents, and utility costs, placing hardships on households and increasing gloom about the economy despite job growth and low unemployment.

A possible worker strike would threaten the U.S. economy with an estimated cost of $2 billion per day.

Western states facing inflation rate of 9.6% even as price increases show hint of slowdown.

Michaels says it's giving holiday hires more earning potential.

The economy added 315,000 jobs last month, down from 526,000 in July and below the average gain of the previous three months.

Bed Bath & Beyond says that it will shutter stores and lay off workers in a bid to turn around its beleaguered business.