Snow plows sit in a dirt lot

Wacky winter playing out differently across the US

The lack of snow on the East Coast has hurt business, especially for those who rely on money by offering snow removal services.

 | Dan Grossman

A variety of breakfast cereal at the grocery store.

Forget eggs; inflation is now hitting the breakfast cereal aisle

As egg prices finally start to fall, the price of breakfast cereal is soaring. What can you do if your family eats a lot of cereal?

 | John Matarese

Credit Suisse to borrow billions in central bank recovery effort

Lender Credit Suisse will borrow up to about $53 billion from Switzerland's central bank in a crisis-era recovery effort.

 | Scripps News Staff

The FDIC headquarters are shown.

Silicon Valley Bank collapse made businesses rethink banking habits

Many small business owners are wondering how to handle their money in the wake of recent bank failures.

 | Bianca Facchinei

Tuesday Morning storefront

Tuesday Morning to close more than 250 stores after bankruptcy filing

Tuesday Morning plans to close stores in 38 states after filing for Chapter 11 bankruptcy.

 | Scripps News Staff

Now hiring sign.

Unemployment rate increases as Fed continues to fight inflation

The unemployment rate remains relatively low, but the small bump could be a sign that high interest rates are slowing the economy.

 | Justin Boggs and Bianca Facchinei

Sold sign in front of a home in New York

Mortgage rates continue upward trajectory

Freddie Mac reported Thursday that the average rate for a 30-year mortgage is now 6.73%.

 | Scripps News Staff

Employee working at John Deere

How companies are capitalizing on recent wave of tech layoffs

John Deere is targeting employees who have been laid off from tech companies including Meta, Google and Uber.

 | Dan Grossman

A for-sale sign outside a multi-unit home.

2023 US recession now expected to start later than predicted

The delay in the economists' expectations of when a downturn will begin follows a series of government reports that point to a robust economy.

 | AP

Cars for sale sit in a parking lot at a dealership.

Research says Federal Reserve rate hikes likely to cause recession

The paper comes as more economists are saying that the Fed will have to continue to raise interest rates even more than previously forecasted.

 | Scripps News Staff

Amazon gift card.

Billions in gift cards go unused. Here's why you should spend them now

Most Americans say they like gift cards, but many say they wait to use them. Experts suggest because of inflation, that might not be a good idea.

 | Justin Boggs

Customers walk around a Walmart Supercenter.

An inflation gauge tracked by Fed accelerated in January

Data released Friday provided the latest sign that the economy remains gripped by high inflation despite the Fed's strenuous efforts to tame it.

 | AP and Scripps News Staff

A view of the exterior of a Home Depot improvement store

Home Depot says it will raise pay for US, Canadian workers

The home improvement chain said every hourly employee will get a raise in February and starting pay will be at least $15 per hour.

 | AP

A "Sold" sign decorates the lawn of a home.

Homeownership gap between White and Black families is at all-time high

Black homebuyers face larger issues when it comes to credit scores and a lack of generational help that would assist in a downpayment.

 | Axel Turcios

U.S. currency

Why personal savings have hit new lows

People only saved an average of 2.9% of their disposable income in Q4. Why?

 | Scripps News Staff

A statue of Walt Disney and Micky Mouse in front of the Cinderella Castle at the Magic Kingdom at Walt Disney World

Disney to cut 7,000 jobs in Iger's company 'transformation'

The company said the job reductions are part of a targeted $5.5 billion cost savings across the company.

 | AP


Some are getting heated over rising heating bills

The cold weather and Russia’s war on Ukraine have increased U.S. gas exports to other countries, tightening supply and increasing prices.

 | Cat Sandoval

A home for sale.

Mortgage rates fall for 4th consecutive week

The average rate for a 30-year mortgage dropped slightly by 0.04% to 6.09%.

 | Scripps News Staff

Field workers prepare for a day of work in Arizona.

At Arizona-Mexico border, field workers commute to meet crop quotas

In the salad bowl of the U.S., field workers are working through long hours, harsh weather and border commutes to put food on America's tables.

 | Adi Guajardo

Exxon Mobil Billings Refinery sits in Billings, Montana

Exxon reports record profits on heels of Chevron

Critics say both inside and out of government those margins ought to renew interest in a windfall profits tax on big oil.

 | John Mone

A Prada Boutique in the luxury section of the Westfield Mall in Santa Clara

Why are retail thefts on the rise?

It’s organized retail crime — where the thefts are planned, and part of organized rings.

 | Scripps News Staff

A "for sale" sign is posted in front of a home.

10 best cities for first-time homebuyers in 2023

The list of desirable markets was based on factors such as population size, housing availability, median listing prices and job opportunities.

 | Tricia Goss

A horse eats from a bucket.

Animal rescues see fewer adoptions, more surrenders due to inflation

Rising economic costs have made it difficult for pet owners to keep animals they adopted during the pandemic, and for rescues to pay for their care.

 | Vanessa Misciagna

Employees in hard hats.

Record job switching has contributed to higher inflation

A paper by the Chicago Federal Reserve shows that job switching boosted inflation an extra percentage point as people were able to garner higher pay.

 | Dan Grossman

A shopper looking at an item in a Target store.

US inflation and consumer spending cooled in December

The overall spending figures for the final two months of 2022 were the weakest in two years.

 | AP and Scripps News Staff

A view of Houston, Texas

Texas bill would ban nationals from 4 countries from buying land

A proposed Texas bill prohibits land sales to entities and individuals with ties to North Korea, Russia, China and Iran.

 | John Mone

Amazon Prime boxes are loaded on a cart for delivery in New York.

How do Amazon packages get delivered so quickly?

When retailers like Amazon deliver on their speedy shipping promises, it’s good news for consumers. But it can compromise workplace safety.

 | Simon Kaufman

A UPS delivery truck.

US economy slowed but still grew at 2.9% rate last quarter

The nation's gross domestic product decelerated last quarter from the 3.2% annual growth it posted from July through September.

 | AP and Scripps News Staff

Damage from Hurricane Ian in Florida

Supply chain issues slowing down recovery from natural disasters

Supply chain shortages can cause years-long delays in recovering from natural disasters.

 | Scripps News Staff

U.S. currency

Which American cities are experiencing the most inflation in 2023?

Experts say there are three primary factors causing inflation to skyrocket, with housing at the top of the list.

 | Tricia Goss