Builders are offering new incentives to home buyers as sales slow down and mortgages rise.

The Dow dropped to its lowest point of the year and fears of a recession are growing.

Job losses caused by the Fed's rate hikes would fall disproportionately on vulnerable workers, economists say.

Stocks tumbled worldwide on mounting signs the global economy is weakening.

Inflation is expected to have a major impact on the way people shop this holiday season.

Becky Guiles, known as the Freebie Lady on social media, shares her tips for saving at the grocery store.

Average long-term U.S. mortgage rates jumped by more than a quarter-point this week to their highest level since 2008, a result of the Federal Reserve’s intensified effort to tamp down decades-high inflation and cool the economy

Home prices are falling but higher mortgage rates are offsetting the savings.

Heating costs for the upcoming winter seasons are expected to increase by 17%, mainly impacting lower-income families, according to a new report from NEADA.

One major bank is offering no money down on mortgages for some homebuyers.

ABC News chief economics correspondent Rebecca Jarvis breaks down what the latest interest rate means and how it will impact Americans.

The Federal Reserve rate hike arrives roughly one week after a higher-than-expected inflation report.

As the Federal Reserve hikes interest rates to try to tame inflation, mortgage rates have spiked to levels not seen since the 2008 financial crisis

The Federal Reserve raised a key interest rate by .75% for the third straight time as a way to fight rising inflation.

For the fifth time this year, the Federal Reserve instituted an interest rate hike on Wednesday amid ongoing inflation woes.

ABC News business reporter Alexis Christoforous and ABC News’ Elizabeth Schulze discuss the Federal Reserve's new interest rate hike and its impact on American families.

The CEOs of some of the biggest banks sounded the alarm over U.S. inflation on Capitol Hill during their testimony Wednesday.

On Black Women’s Equal Pay Day, Kimberly Brown joins Phil Lipof to discuss ways Black women can advocate for themselves in the workplace.

The Federal Reserve is set to announce an interest rate increase in the hopes of tamping down inflation. ABC News’ Alex Presha reports on why Wall Street is so worried.

As rising prices burden American consumers, the Federal Reserve has raised interest rates several times to combat inflation and balance out the economy.

Chief executives at some of the largest U.S. banks sounded the alarm over sky-high inflation in testimony before Congress on Wednesday.

Alternative measures for fighting inflation include price controls and a windfall profits tax.

In an effort to combat inflation, the Federal Reserve is expected to hike interest rates up another 0.75%- its 5th interest rate hike of 2022.

After 99 consecutive days of declining gasoline prices, the cost for a gallon edged a penny higher

Day two of the Federal Reserve's meeting is expected to end with a 0.75% interest rate hike, the third increase since June.

ABC News business reporter Alexis Christoforous explains the impact on consumers if the Federal Reserve raises interest rates to cool off inflation.

ABC News’ Rebecca Jarvis reports on the Federal Reserve’s latest efforts to battle inflation.

Federal Reserve Chair Jerome Powell bluntly warned in a speech last month that the Fed’s drive to curb inflation by aggressively raising interest rates would “bring some pain.”

The dollar is near its highest level in two decades against a key index.

ABC News' Deirdre Bolton joins us with business headlines that will affect your wallet.

But as late payment rise, one government agency is sounding the alarm saying these schemes are harming consumers.

Eggs, flour and tires are among the products with prices soaring amid sky-high inflation.

The average mortgage rate climbed over 6% for the first time since the housing crash of 2008.

With this week’s consumer price index report showing prices for groceries up 13.5% over the last year, Jason Hart, CEO for Aldi U.S., gives tips on how to cut your grocery bill.

Many prices continued to climb as businesses face increasing costs tied to supply chain disruptions, labor shortages and distribution, according to Inflation Insights.

Average long-term U.S. mortgage rates climbed over 6% this week for the first time since the housing crash of 2008, threatening to sideline even more homebuyers from a rapidly cooling housing market

Treasury Secretary Janet Yellen is laying out her vision for a modernized, responsive, tech-savvy tax collection agency equipped to manage 21st century challenges

The price of food has remained high even as gas expenses have gone down but experts offer ways to save on costs.

Retail sales up 0.3% in Aug. from July as inflation tames spending

Rail companies and unions continued meetings in Washington, D.C., over an agreement to avert a freight rail strike and some trains have already canceled trips in the meantime.

As freight railroad carriers and a coalition of unions move ever closer to a potential strike, a clash has erupted in Congress over whether and how to intervene

Unions and rail companies have until Friday to reach an agreement before workers go on strike.

Rail workers said they're seeking an improved time-off policy, as companies urge them to accept a deal.

Abe Eshkenazi, the CEO of the Association for Supply Chain Management spoke to ABC News Live about a potential railroad worker strike this week.

From rents to groceries, even the experts are surprised at the prices we’ve been paying. ABC’s Derricke Dennis reports on why Wall Street is so worried.

ABC News business reporter Alexis Christoforous discusses inflation’s impact on grocery prices, interest rates and other goods and services.

Inflation at the wholesale level jumped 8.7% in August from a year earlier, a slowdown from July yet still a painfully high level that suggests prices will keep spiking for months to come

ABC News’ Linsey Davis spoke with the Association for Supply Chain Management CEO Abe Eshkenazi about a potential railroad worker strike this week.

The August inflation data arrives little over a week before the Federal Reserve decides on a rate increase.

Asking rents in the U.S. fell to 7.1% in August, down from 8.4% at the end of July.