Federal Reserve announces 0.75 percent rate hike to combat high inflation
The U.S. Federal Reserve announced another 0.75 percent rate hike Wednesday in response to inflation, which has soared to its highest level in more than four decades.
The U.S. Federal Reserve announced another 0.75 percent rate hike Wednesday in response to inflation, which has soared to its highest level in more than four decades.
Federal debt will nearly double the nation's Gross Domestic Product by 2052 if it continues its current trajectory, the U.S. Congressional Budget Office says.
Walmart has cut back its second quarter and full-year profit outlook as consumers focus more on necessary goods like food due to inflationary pressures.
People on the Navajo Nation have lived through decades of oil, gas, uranium and coal extraction, and helium could be next.
Kansas' average gas price dropped 29 cents in the last week, marking the largest decrease in the country.
Colorado's average gas price dropped 16 cents in the last week.
A report from Iowa State University shows that rural Americans are feeling the pain of inflation more than the rest of the country.
Utah's unemployment rate held steady at 2 percent in June, the same rate as reported in May.
North Dakota's unemployment rate climbed 0.5% in June from May's number but remains below the national average, according to the states Labor Market Information Center.