Expert says railroad worker strike would 'devastate' economy

Less than 48 hours away from a possible railroad strike and there’s another casualty involving passenger train travel. Amtrak announced it’s canceled all long-distance travel starting Thursday.

Massive rail strike could mean more supply chain issues

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

Is inflation cooling off? It depends where you live

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

Steak prices decline on waning demand

The cost of steak is on the decline while ground beef prices remain elevated as consumers adjust their protein preferences to escape soaring inflation.

Ford will cut 3,000 white-collar jobs to lower costs

Ford Motor Co. is cutting about 3,000 white-collar jobs as it attempts to lower costs and make the transition from internal combustion to electric vehicles.

What's in the Inflation Reduction Act? Health care, climate change goals become law

President Joe Biden arrived at the White House promising to “build back” America, and now he has signed into law legislation with a slimmer version of that idea.

Inflation Reduction Act: Biden signs massive climate and health care bill

President Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill, which includes the most substantial federal investment in history to fight climate change.

US inflation slips from 40-year peak but remains high at 8.5%

Consumer prices jumped 8.5% in July compared with a year earlier, the government said Wednesday, down from a 9.1% year-over-year jump in June.

Recession fears rise as economy shrinks for second straight quarter

The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.

What's in, and out, of Democrats' climate, health care and inflation bill

Here’s a look at the Democrats' "Inflation Reduction Act of 2022" as it stands after Senate Majority Leader Chuck Schumer and holdout Sen. Joe Manchin reached a deal.