The Fed continues raising interest rates to fight inflation Federal Reserve Chairman Jerome Powell spoke about the economy and job market Wednesday. The Fed has been raising interest rates to fight inflation, but critics say this could push some out of work. Scott Horsley
NPR to impose near-freeze on hiring but avoids layoffs as budget cuts loom NPR is freezing hiring and tightening its belt in other ways in anticipation of a $20 million shortfall in financial sponsorships this fiscal year. David Folkenflik
Wall Street slips, giving back some of last week's big gains Stocks fell on Wall Street Monday, giving back some of their huge gains made last week on hopes the worst of the nation's inflation may finally have passed. The Associated Press
Cryptocurrency lender BlockFi declares bankruptcy, a consequence of FTX's collapse BlockFi was one of the companies that FTX bailed out in recent months. Now it's a clear sign that contagion from FTX's collapse is spreading throughout the crypto industry. David Gura
Frontier Airlines drops its customer service line The budget airline says customers will no longer be able to call a live agent by phone. Frontier is encouraging customers to instead reach out by text, social media and WhatsApp. Giulia Heyward
Black Friday sales rake in a record $9.12 billion from online shoppers More than 166 million Americans are expected to shop over the five days from Thanksgiving Day through Cyber Monday. Ashley Ahn
Here's how inflation is changing holiday deals and shopping Shoppers are expected to spend a record amount of money this year because nearly everything is more expensive. There are some relative bargains, if you know where to look. Alina Selyukh
Elon Musk says Twitter will re-launch its verification program next week The embattled CEO tweeted Friday that the company will re-launch its paid verification program next week. He says accounts will be manually verified and color coded, but has yet to offer details. Emily Olson
Inflation looms large as Black Friday shoppers head to the stores More than 60% of shoppers say the economy is affecting their holiday plans. Many say they'll be more selective in their purchases, going for cheaper goods and less expensive stores. Emily Olson
