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Fed expected to raise interest rate amid recession fears

(WASHINGTON) -- The Federal Reserve is set to announce on Wednesday whether it will impose another interest rate hike, the central bank's latest move in a months-long fight that has eased inflation but risks plunging the U.S. into a recession.The Fed has put forward... Read More.

What to know about severance pay amid high-profile layoffs

(NEW YORK) -- Continued recession fears and a cascade of tech industry layoffs have drawn renewed attention to severance packages, the compensation offered to some departing employees.Severance packages, which range widely in size and duration, offer newly unemployed workers a financial buffer as they... Read More.

GDP data to show economic health amid recession fears

(WASHINGTON) -- Investors, business leaders and everyday Americans will be keeping a close watch on the release of gross domestic product data on Thursday, as inflation eases but recession fears still loom.The data for the final three months of 2022 will show whether the... Read More.