Gas prices soar around the world amid Russia-Ukraine war, rebound from COVID-19
Energy prices are a key driver of inflation that is rising worldwide and making the cost of living more expensive.
Energy prices are a key driver of inflation that is rising worldwide and making the cost of living more expensive.
US Treasury Secretary Janet Yellen says recession is not inevitable
She also discussed Sunday an openness to lowering the federal gas tax to give drivers some relief at the pump.
She also discussed Sunday an openness to lowering the federal gas tax to give drivers some relief at the pump.
Hot sauce, tampon shortages lead growing list of out-of-stock items
Consumers, already being pummeled by surging prices, now have to worry about product shortages.
Consumers, already being pummeled by surging prices, now have to worry about product shortages.
100 million Americans carry medical debt with some owing more than $10K, poll finds
Some people say they have medical debt they owe to a relative or friend for a loan they received to pay a medical or dental bill.
Some people say they have medical debt they owe to a relative or friend for a loan they received to pay a medical or dental bill.
Seniors take jobs as lifeguards as YMCA struggles to find workers
During the summer, it's typical to see a teen or college student working a summer job as a lifeguard, sitting in a tall chair at your pool or beach. However, as the YMCA struggles to find workers, retired seniors are showing up to fill shifts.
During the summer, it's typical to see a teen or college student working a summer job as a lifeguard, sitting in a tall chair at your pool or beach. However, as the YMCA struggles to find workers, retired seniors are showing up to fill shifts.
Average US mortgage rates hit 5.78%, highest level since 2008
Average long-term U.S. mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve raising its key rate in a bid to tame inflation.
Average long-term U.S. mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve raising its key rate in a bid to tame inflation.
Fed raises key interest rate in largest hike since 1994
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.
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.
Americans feeling the stress from inflation
Ask pretty much anyone how they feel about rising gas and food prices, and they won’t have nice things to say. Fox 9 asked a local financial expert and a local psychologist their best tips to relieve the current financial stress and make their dollars stretch further.
Ask pretty much anyone how they feel about rising gas and food prices, and they won’t have nice things to say. Fox 9 asked a local financial expert and a local psychologist their best tips to relieve the current financial stress and make their dollars stretch further.
What makes a bear market? Wall Street term explained
Wall Street is back in the claws of a bear market amid worries about inflation and higher interest rates. Here are answers to some common questions about bear markets.
Wall Street is back in the claws of a bear market amid worries about inflation and higher interest rates. Here are answers to some common questions about bear markets.
Supply chain still plagues Napa cork company and other industries
Napa's Portocork is one of the world's largest suppliers of corks for the North American wine industry; importing many cork filled containers from Portugal to The Port of Oakland. But supply chain issues continue to plague this and all other industries.
Napa's Portocork is one of the world's largest suppliers of corks for the North American wine industry; importing many cork filled containers from Portugal to The Port of Oakland. But supply chain issues continue to plague this and all other industries.
Bitcoin, other cryptocurrencies collapse, major crypto lender Celsius Network halts operations
Bitcoin and other cryptocurrencies were collapsing in price Monday, after the major crypto lender Celsius halted all withdrawals citing “extreme market conditions."
Bitcoin and other cryptocurrencies were collapsing in price Monday, after the major crypto lender Celsius halted all withdrawals citing “extreme market conditions."
Average gas price in US jumped nearly 40 cents in recent weeks
The average price at the pump is nearly $2 higher than it was one year ago.
The average price at the pump is nearly $2 higher than it was one year ago.
Gas prices hit $5 nationwide for the first time ever
The national average price has jumped 19 cents in just the past week, and it is up $1.93 from this time last year.
The national average price has jumped 19 cents in just the past week, and it is up $1.93 from this time last year.
Janet Yellen responds to Cardi B’s recession prediction: ‘I don’t have that much time for her’
Treasury Secretary Janet Yellen says she feels confident in the strength of the U.S. economy.
Treasury Secretary Janet Yellen says she feels confident in the strength of the U.S. economy.
Biden blames pandemic, Putin as high US inflation persists
In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration.
In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration.
Out-of-gas calls on the rise, AAA says
In April alone, AAA received 50,787 calls from stranded drivers.
In April alone, AAA received 50,787 calls from stranded drivers.
US inflation hit 8.6% in May, a new 40-year high
Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.
Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.
No, you're not imagining it — package sizes are shrinking, here's why
Shrinkflation isn’t new, experts say. But it increases during times of high inflation as companies grapple with high costs for ingredients, packaging, labor, and transportation.
Shrinkflation isn’t new, experts say. But it increases during times of high inflation as companies grapple with high costs for ingredients, packaging, labor, and transportation.
Paid internship program offers young San Franciscans summer opportunity
Young people in San Francisco are keeping busy this summer thanks to a program called Opportunities For All. The program aims to connect teens and young workers with paid internships, and a possible career path.
Young people in San Francisco are keeping busy this summer thanks to a program called Opportunities For All. The program aims to connect teens and young workers with paid internships, and a possible career path.
Fabulous job market, but few takers
The latest national jobs report shows a slowing in hiring across the nation, a slowing that some attribute to inflation. But, there are other strong forces at work.
The latest national jobs report shows a slowing in hiring across the nation, a slowing that some attribute to inflation. But, there are other strong forces at work.