Economy

Inventory was 23% higher from September 2023 last month, good news for home buyers as it gives consumers more properties to view before making a decision.

The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.

Two Democratic lawmakers are demanding that some of the biggest food and beverage companies stop engaging in “shrinkflation” — the practice of reducing product sizes while charging prices that are the same or higher.

U.S. ports from Maine to Texas shut down this week when the union representing about 45,000 dockworkers went on strike for the first time since 1977.

The first thing that’s going to be impacted by the dockworkers strike, experts said, is fresh produce, like bananas, and fresh seafood.

Dockworkers from Maine to Texas, including in Maryland and Virginia, began walking picket lines early Tuesday in a strike over wages and automation. News4’s Adam Tuss reports live from Baltimore.

Dockworkers at ports from Maine to Texas began walking picket lines early Tuesday in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on more than a few weeks.

Consumer Reporter Susan Hogan answers your questions about how a dock worker strike could affect the supply chain.

The Federal Reserve is cutting its interest rate by a half a point, the Committee said Wednesday.

The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for consumers.

The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates next week.

Retirees and near-retirees perhaps face the biggest risks if an economic downturn upends their financial plans. Experts say these are the questions to ask now.

One manufacturer included in the Dallas Fed’s latest survey said growth in the category typically aligns with a slowing economy.

Speaking at the Federal Reserve’s annual retreat Friday, Chair Jereme Powell said “the time has come for policy to adjust.”

Canadian National Railway, Canadian Pacific Kansas City and the Teamsters Canada Rail Conference union — which represents more than 10,000 workers — failed to come to an agreement after months of labor talks.

The Federal Reserve on Wednesday released minutes from its July 30-31 policy meeting.

Many consumers are looking for some financial stability while planning for lower borrowing costs in the future. Here are some tips.

Japan’s benchmark Nikkei 225 index has soared more than 10% a day after it set markets tumbling in Europe and on Wall Street. Other world markets were mixed but appeared to have settled after the rollercoaster start to the week.

Nearly everything on Wall Street is tumbling as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.

America’s youngest workers have not only kept, but continued building on, big wage gains seen during the pandemic.