How HIMARS could change the Ukraine-Russia war

Artillery has quickly become the most important weapon in Ukraine’s war with Russia. Ukrainian forces have begun to use newer Western artillery, like the M777 Howitzer, in the battlefield. But a...

How the Federal Reserve fights inflation through interest rate hikes

Top officials at the Federal Reserve were seeing inflation data come in very hot for months before policymakers moved to wind down monetary policies that were stimulating the economy. A chorus of anal...

Ford’s Mustang Mach-E electric crossover awards could help it take on Tesla

Ford’s first real attempt at an electric vehicle has been quite a hit with critics. The Mustang Mach-E replaced the Tesla Model 3 as Consumer Reports’ Top Pick in February 2022. It was nam...

Auto dealerships are facing a shortage of technicians to fix cars. Here’s why

It’s not just hard to buy a new car these days — it’s getting tough to even get one fixed. There just aren’t enough workers to do the job. Dealers and auto repair shops are strugglin...

How Paula Pant quit her job to teach people how to afford anything

Paula Pant didn’t follow the same career path as most people in her community and family. She disappointed many when she decided to quit her job as a newspaper reporter to travel the world. Pant...

How Uvalde and Buffalo spurred push for first gun law in decades

After two horrific mass shootings in Texas and New York, Congress just passed the most meaningful gun legislation in decades. The Safer Communities Act will expand background checks in some cases, clo...

Here’s how recessions became an inevitable part of American economy

The U.S. has experienced at least 30 recessions throughout history, dating back as early as 1857. Some economists argue that they may have become an inevitable part of the financial cycle that fluctua...

Californians working from home are moving to Mexico amid inflation

More than 360,000 people left California in 2021, in what some are calling “The California Exodus” — many leaving for states like Texas, Arizona and Washington. And a rising number of form...

Why the global soil shortage threatens food, medicine and the climate

Soil can be considered black gold, and we’re running out it. The United Nations declared soil finite and predicted catastrophic loss within 60 years. “There are places that have already lo...

How the U.S. Space Force plans to police outer space

Outer space is getting crowded, with both commercial endeavors and secretive military projects. And it’s going to be up to the newest United States military branch, the Space Force, to protect A...

Walmart bets its stores will give it an edge in Amazon e-commerce duel

BENTONVILLE, Arkansas — Walmart’s cavernous stores are known for aisles of low-priced groceries, paper towels and apparel. Now, those big boxes are hubs for its e-commerce business, serving as l...

The benefits of major cities amid remote work and rent inflation

Many renters believe that a cost-of-living crisis is brewing in America’s major cities. New York City is showing up as a hotspot of rent inflation. The average rent for 1-bedroom apartments in M...

How relocating Americans created new inflation hot spots

Americans moved around a lot over the past two years, and those destinations also now happen to have the highest inflation rates in the U.S. “We saw right away that inflation was highest in Phoe...

Americans are stressed about money and finances, hurting mental health

Americans are more stressed about money than they’ve ever been, according to the American Psychological Association’s latest Stress In America Survey. “Eighty-seven percent of Americ...

Stagflation risk rises as the Federal Reserve tightens monetary policy

The Federal Reserve is hiking interest rates in an effort to defuse an explosive year of price inflation. But global forces could neutralize the effects of that tightening of monetary policy, and keep...

How this U.S.-made, $176,000 anti-tank weapon could change the war in Ukraine

Ukraine’s defense against Russia is being supported by billions of dollars in military aid from NATO countries. One of the most capable and expensive weapon systems supplied is the FGM-148 Javel...

How to choose a health insurance plan that saves money

Most Americans struggle to figure out which health insurance plan will save them money. It is a process that can be confusing, time-consuming and costly. A study of almost 24,000 employees at a major ...

How companies like Amazon, Nike and FedEx avoid paying federal taxes

The current United States tax code allows some of the biggest company names in the country to not pay any federal corporate income tax. In fact, at least 55 of the largest corporations in America paid...

Why Russia’s invasion of Ukraine could spark a NATO spending spree

The Russian invasion of Ukraine is unleashing a new era of military spending across Europe. Member countries of the North Atlantic Treaty Organization, such as Germany, have done an about-face on its ...

Why ‘free’ shipping isn’t free

The big carriers such as FedEx, UPS and Amazon make lots of deliveries, and none of those packages are being shipped for “free.” “People like free shipping because the word free is v...

Why Russia’s invasion of Ukraine could spark a NATO defense spending spree

The Russian invasion of Ukraine is unleashing a new era of military spending across Europe. Member countries of the North Atlantic Treaty Organization, such as Germany, have done an about-face on mili...

How this risky strategy can leave retail investors vulnerable

“The idea that I used social media to promote GameStop stock to unwitting investors and influence the market is preposterous,” Keith Gill told Congress.  Gill — who goes by DeepF——Value on...

Here is how a new Cold War may impact the U.S. economy

Just 60 years ago, the U.S. and the Soviet Union were at the height of a Cold War that nearly resulted in nuclear warfare. Today, experts say, the U.S. and its old foe, now Russia, are headed into ano...

How the stock market ‘fear index’ works

The volatility index, also known as the VIX, essentially takes a reading of the stock market’s blood pressure, measuring investors’ fear. The VIX can spike when investor concerns are heigh...

How the US and allies cut off Russia from the global economy

As Russia stepped up its aggression against Ukraine to the point of a full-fledged invasion, the U.S. and its allies unleashed a series of historic and unprecedented economic sanctions. “It̵...

Federal Reserve may cause recession from fewer Bond Asset Purchases

Members of the Federal Reserve are debating how quickly to reduce the central bank’s portfolio of bonds, without starting a recession. Heading into the second quarter of 2022, the balance of Fed...

What’s stopping Black-owned banks from thriving

Big banks and corporations like Yelp, Netflix, and Microsoft have announced major investments in Black-owned banks. Yet Black banks are far from thriving. Americans who identify solely as Black or Afr...

Why health-care costs are rising in the U.S. more than anywhere else

Health-care spending is rising around the world, but the U.S. is the worst performer. The United States accounts for more than 40% of all global health spending. Health-care spending made up 5% of tot...

What the blockbuster Microsoft and Sony deals mean for the future of gaming

Big moves are happening in the video game industry. Microsoft, the tech giant behind the Xbox console, announced plans in early 2022 to buy Activision Blizzard, the force behind “Call of Duty...

Black families are achieving upward mobility in high-opportunity areas

Families have long sought to move toward better neighborhoods and schools to put their kids on the pathway toward success. A study from the Census Bureau is providing fresh insight on where to look. I...

How to save money when picking your health insurance plan

Most Americans struggle to figure out which health insurance plan will save them money. A study of almost 24,000 employees at a major Fortune 100 company found that 61% of them chose the wrong plan fo...

Black women entrepreneurs find niche in spirituality-inspired business

In 2020, the onset of the coronavirus pandemic changed the way many Americans worked, as companies closed their doors to limit workplace contamination. The uncertainty around Covid-19 caused people to...