Fed expected to announce decision on interest rates

(NEW YORK) -- The Federal Reserve is expected to raise interest rates on Wednesday in an effort to help battle inflation.The increase is expected to be half a percentage point.So what does this latest hike mean for you? ABC News' Rebecca Jarvis appeared on... Read More.

New warning about rise in home-buying scams

(NEW YORK) -- As home buyers face low inventory, many are eager to make a deal as soon as they can, which can put some are risk for scams.Experts are warning that real estate wire fraud is on the rise, and if you aren’t... Read More.

Diesel prices hit record high

(NEW YORK) -- It's not just regular gas prices that are higher. The rising cost for diesel fuel is having a ripple effect on truck drivers.The price for a gallon of diesel is $5.32, and that cost could start to trickle down to consumer... Read More.

US economy slows, sparking fears of recession

(NEW YORK) -- The U.S. economy shrank in the first three months of 2022, after years of growth, according to a new report.Economists had expected consumer spending to accelerate in March, as rising wages prompted more American spending on services such as dining out... Read More.