Economy

Economy

Inflation eases thanks to falling gasoline prices

4:44pm December 13, 2022

by Scott Horsley

Inflation eased in November, thanks to falling gasoline prices. Consumer prices were 7.1% higher than a year ago. The news comes on the eve of another likely interest rate hike by the Fed.

Queue Listen Now

Consumers shop in the produce section of a Walmart store in Burbank, Calif., on August 15, 2022. Produce prices have been rising recently, the latest area hit by inflation.

Economy

Inflation dips in November, as gasoline savings eclipse grocery price increases

12:01pm December 13, 2022

by Scott Horsley

A new government report shows inflation cooled a bit in November. But prices are still climbing and the Federal Reserve is preparing to raise interest rates again.

Queue Listen Now

Inflation has reached the North Pole as a Santa shortage looms

6:30am December 13, 2022

by Greg Rosalsky

Santa's services are more in demand than ever — and he and his helpers are having a hard time keeping up.

Morning news brief

5:04am December 13, 2022

Founder of cryptocurrency exchange FTX is arrested in the Bahamas. A laser facility in California says it's created net energy from nuclear fusion. And, new inflation data is released Tuesday.

Economy

Is it safe to buy now, pay later?

4:48pm December 12, 2022

by Alina Selyukh

Buy something now, pay for it later: This idea is changing how we shop. These short-term, interest-free loans could be the biggest trend of this holiday shopping season. But are they safe?

Economy

Mobile home residents buy their park, protecting themselves from eviction

4:48pm December 12, 2022

by Simon Rios

Residents of mobile home parks often face eviction when the parks sell. The parks are expensive, but some residents are getting help to buy them.

Economy

Military families contend with high inflation and housing costs

4:48pm December 12, 2022

by Eric Schmid

Many Americans are contending with high inflation and housing costs. Military members and their families are no exception. It's been especially tough for those who have moved to new posts recently.

Economy

Home Repair Greensboro set to assist low-income homeowners

3:14pm December 12, 2022

by David Ford

Greensboro City Council has signed off on a new program to address the repair needs of low-income homeowners.

A review of 90 government audits, released exclusively to KHN in response to a Freedom of Information Act lawsuit, reveals that some health insurers issuing Medicare Advantage plans have tried to sidestep regulations requiring them to document medical conditions the government paid them to treat.

How Medicare Advantage plans dodged auditors and overcharged taxpayers by millions

5:00am December 12, 2022

A KHN investigation found when some Medicare Advantage plans got a rare federal audit, they couldn't produce billing records for care they said they'd provided. Some blamed fire, flood — or doctors.

Economy

World central bankers are set to take new steps in their battle with inflation

5:00am December 12, 2022

NPR's A Martinez talks to David Wessel of the Brookings Institution about the Federal Reserve's plans to approve another rate hike this week. The European Central Bank is preparing to do the same.