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The Federal Reserve is growing more concerned about higher prices
The Federal Reserve is paving the way for interest rate hikes next year after inflation accelerated to a near 40-year year high in November.
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•
4:02
A jury holds Teva Pharmaceuticals liable in the opioid crisis
A separate trial will follow to determine what Teva will have to pay in the case, in which New York state and two Long Island counties took on a swath of drug companies.
Kronos hack will likely affect how employers issue paychecks and track hours
The attack affects several of its systems, including how employees track their paid time off and how they get paid, according to the company.
President Biden addressed rising inflation in his economy speech
President Biden highlighted the strength of the U.S. economy Tuesday afternoon, while also addressing rising prices. The administration is trying to lower gasoline prices, a major driver of inflation.
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•
4:17
President Biden has nominated Jerome Powell to remain Fed chair
President Biden plans to re-nominate Jerome Powell to lead the Federal Reserve for four more years. Powell has steered the central bank through the pandemic recession. Now he must take on inflation.
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•
4:02
Black Friday is expected to deliver record-setting sales despite supply chain issues
Some items are in short supply, prices are rising and deals aren't as good this Black Friday. But with widespread vaccinations, shoppers have returned to malls in droves, promising record spending.
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•
4:07
Supreme Court Justice Breyer formally announces his retirement
At a White House event with Breyer, President Biden said it was his intention is to name a nominee to replace him by the end of February.
Officials are determined to keep schools open, despite omicron
As coronavirus cases and pediatric hospitalizations surge in the U.S., the majority of U.S. schools are staying open for in-person learning.
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•
6:54
Check fraud is on the rise. Here's what you need to know and how to avoid it
Check fraud has spiked in the U.S. as thieves use age-old tricks to swindle Americans out of their money and then sell bogus checks on the darknet, a monitoring group has found.
Bankrolling A Dinosaur Dig And Unearthing A Giant: The Giganotosaurus
Don Lessem was the dinosaur adviser for the first Jurassic Park, a job he says sounds more impressive than it was. His real big-dinosaur break happened years later, thanks to a blurry photo of a bone.
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