Author: Medora Lee, USA TODAY

Brimming retail inventory means deep holiday discounts this year and some relief from inflation.

Today’s headlines include Nobel Prize in economics winners, Medicare enrollment considerations and more.

Facing 40-year high inflation, small business owners who can’t access traditional bank loans are using various forms of micro loans to stay afloat.

There’s still 1.67 open jobs for each jobless American, but that’s fast changing as the labor market cools. Next year, 1.2 million jobs could be lost.

Shares in Porsche AG rose on their first day of public trading after Volkswagen raised $9.1 billion for one of the largest IPOs in European history.

Increases in health care premiums are coming amid skyrocketing rent and food costs, and those higher costs are likely to stick around, analysts warn.

Bonds are back after a crushing time of low rates, high inflation and economic uncertainty, analysts say. Yields are up and inflation’s stabilizing.

The Fed is expected to raise rates by at least 75 basis points. Every consumer rate from auto and home loans to savings and credit card will follow.

A million more seniors fell into poverty last year, the only age group to see a rise. Analysts say it’s only going to get worse as inflation soars.

A potential spike in energy prices this winter could mean heating your home and filling your car with gasoline could cost you more this winter.