Hobby Lobby raises minimum wage to $18.50 an hour

Hobby Lobby workers will be getting a raise to ring in the new year. The craft store chain announced it will raise its minimum full-time hourly wage to $18.50, effective January 1, 2022.

How to get your student loan interest deduction

The student loan interest deduction allows you to subtract up to $2,500 from your taxable income for interest paid on student loans. Here’s how it works.

Lawmakers consider Social Security 2100 Act aimed at protecting future benefits

The House Ways and Means Committee held a hearing to consider a new bill to reform the way Social Security works and address the retirement crisis.

Metra partners with Marines to collect toys and cash for Toys for Tots
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It's the time of year that Metra partners with the US Marine Corps Reserve Toy for Tots Foundation, hosting drives at downtown metro terminals in Chicago.

T-Mobile to pay hourly employees minimum of $20 an hour

T-Mobile announced that it will pay all 75,000 of its hourly employees a minimum wage of $20 an hour.

Some Americans skip buying Christmas presents to afford health care, survey finds

Consumers have skipped spending money on food, travel and even holiday gifts due to health care costs, according to a survey from HealthCareInsider.

Best emergency loans of 2021

Emergency loans are typically unsecured personal loans that you can apply for and receive within a few business days. Learn more.

Lenders use AI to offer low credit score personal loans to borrowers

Fintech lenders are increasing their use of AI to go beyond the traditional credit scores and offer personal loans to borrowers with lower credit scores.

Personal loan interest rates continue downward slide

The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.

Career advice for 20- and 30-somethings weighing dreams or salaries
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Eyal Danon, author and founder of Ignite Advisory Group, dishes out financial and career advice to people in their 20s or early 30s as they strive for fiscal and personal success.

Senate rejects Biden administration's COVID-19 vaccine mandate for businesses

The Senate has narrowly approved a resolution to nullify the Biden administration’s requirement that businesses with 100 or more workers have their employees be vaccinated against the coronavirus or submit to weekly testing.

CEO fires 900 workers on a Zoom call, leading to outrage
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Andrew Challenger from Challenger, Gray & Christmas shares his thoughts on the Better.com CEO firing 900 employees during a Zoom call.

93% of payday loan borrowers regret taking out their loans, survey finds

Payday loans can be a debt trap for borrowers who can't afford to make payments. Here's how you can repay your payday loan balance before it's sent to debt collectors.

Here's who has qualified for student loan forgiveness under Biden

The Biden administration has forgiven federal student debt through four major loan forgiveness programs, including PSLF and borrower defense.

NFT is 2021 word of the year amid cryptocurrency surge, Collins Dictionary says

An NFT is proof of ownership for a unique digital item that can be bought and sold on the cryptocurrency marketplace. Here's what you need to know about buying and investing in crypto.

Biden says COVID-19 Omicron variant 'cause for concern’ – will interest rates be impacted?

As health officials determine the potential impact of the COVID-19 Omicron variant, economists weigh the potential risks to the economy and what it means for growth forecasts.