How much money it takes to be 'rich' in America for 2024

A recent GOBankingRates study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.

These salaried workers are now eligible for overtime pay

The Biden administration's new rule significantly expands overtime pay eligibility to millions of salaried workers in the U.S., setting higher income thresholds and updating salary limits every three years.

Layoffs loom large over US jobs report

These gains on Wall Street were capped by stronger-than-expected U.S. jobs numbers for January. Hiring accelerated, but layoffs in the private sector surged.