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WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed’s series of interest rate hikes are slowing the economy. Friday’s report from the Commerce Department showed that prices rose 5% last month from a year earlier, down from a 5.5% year-over-year […]

(WATE) — Back in late March, the government approved stimulus money in order to keep the economy going in the wake of the coronavirus pandemic. So far, the Treasury Department has delivered stimulus payments to 140 million people, but within the last week, prepaid debit cards were mailed, instead of checks, and some people threw […]

President Joe Biden is pursuing an aggressive economic agenda aimed at boosting worker power, taxing the rich, reducing fees and taking on dominant corporations.

BEIJING (AP) — Chinese consumer spending and factory output edged up in August but still were weak, official data showed Friday, and forecasters warned the second-largest economy is vulnerable to repeated shutdowns of cities to fight virus outbreaks. Housing sales plummeted while prices edged lower, adding to a slide in real estate activity under pressure […]

MEMPHIS, Tenn. — A Memphis woman says random people are showing up to her home, thinking they are there to pick up a puppy, only to be met with disappointment. Experts say it may be a scam — and these puppy scams are increasing during the pandemic. “It’s extremely bizarre,” said the woman, who did […]

MEMPHIS, Tenn. — For 18 years, Clarence Phillips paid for a home warranty policy on his Mud Island home. He used the warranty to get a few things replaced over the years, mostly related to the heating system. The warranty used to be with Sears and more recently got taken over by Cinch Home Services, […]

A local woman fell victim to a convincing scam, and now she wants to warn others, so it doesn’t happen to them.

The Better Business Bureau issued a warning after people across the Mid-South began receiving a phony text message that appeared to be coming from First Horizon Bank.

The whole premise of a hush trip might help expose problems in the workplace to begin with.

Money transfer apps like Venmo, Zell and Cash App have been growing in popularity during the pandemic, and scammers have found a way to use at least one of them to con you out of your cash.

TAMPA, Fla. (WFLA) — Chances are you have a few unused gift cards in your wallet. Now is the time to sort them, check balances and figure out if you can still use them. The COVID-19 pandemic has hit businesses and restaurants hard. From giants such as J.C. Penney, Pier 1 and Sweet Tomatoes to […]