US layoffs soar past 1.1M in 2025, highest level since the pandemic
Layoffs announced by employers in November pushed the 2025 total to the highest level since the wave of pandemic-induced layoffs in 2020, new data shows.
Layoffs announced by employers in November pushed the 2025 total to the highest level since the wave of pandemic-induced layoffs in 2020, new data shows.
Oil and gas prices expected to stay significantly lower through 2026
Noticing some relief at the gas pump? Oil and gas prices are expected to stay significantly lower through 2026, according to the latest forecast from the Energy Information Administration.
Noticing some relief at the gas pump? Oil and gas prices are expected to stay significantly lower through 2026, according to the latest forecast from the Energy Information Administration.
How holiday spending reveals the real state of the middle class economy
Business journalist Gene Marks breaks down holiday spending trends, what they mean for small businesses and the middle class, and how these signals shape expectations for the economy heading into 2026.
Business journalist Gene Marks breaks down holiday spending trends, what they mean for small businesses and the middle class, and how these signals shape expectations for the economy heading into 2026.
Delayed $3.6B aid that helps families pay to heat their homes released to states
Approximately $3.6 billion in delayed funding for heating assistance was released Friday to states and tribes. Here’s what we know.
Approximately $3.6 billion in delayed funding for heating assistance was released Friday to states and tribes. Here’s what we know.
HP to slash up to 6,000 jobs by 2028 in massive AI transformation push
Tech giant HP is looking to cut $1B in costs in next three years, and is cutting thousands of jobs in the meantime.
Tech giant HP is looking to cut $1B in costs in next three years, and is cutting thousands of jobs in the meantime.
Dick's Sporting Goods plans to close some Foot Locker stores
Dick's Sporting Goods plans to close underperforming Foot Locker stores after its $2.4 billion acquisition to boost profitability and growth.
Dick's Sporting Goods plans to close underperforming Foot Locker stores after its $2.4 billion acquisition to boost profitability and growth.
Middle-income Americans pessimistic about their financial future amid persistent inflation, analysis shows
A new report report found that middle-income Americans are suffering from an "inflation hangover" after several years of price hikes.
A new report report found that middle-income Americans are suffering from an "inflation hangover" after several years of price hikes.
Verizon layoffs: Company to cut thousands of jobs
Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient" its entire company. Here's what we know.
Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient" its entire company. Here's what we know.
Delayed September jobs report shows US added surprising 119K jobs: What to know
The Department of Labor said Thursday the U.S. economy added 119,000 jobs in September, above economists' estimates. The unemployment rate rose to 4.4% in September, which was higher than economists' expectations.
The Department of Labor said Thursday the U.S. economy added 119,000 jobs in September, above economists' estimates. The unemployment rate rose to 4.4% in September, which was higher than economists' expectations.
More Americans are falling behind on their utility bills, analysis shows
A new analysis finds that millions of Americans have utility debt so substantial that it may get sent to collections.
A new analysis finds that millions of Americans have utility debt so substantial that it may get sent to collections.
Ground beef prices could hit $10 a pound, Omaha Steaks CEO warns
The U.S. beef industry may see record-high prices by next year.
The U.S. beef industry may see record-high prices by next year.
IRS unveils 401K and IRA contribution limits for 2026. What we know
Starting in 2026, the IRS is raising the contribution limits for 401K and retirement accounts, and here's how you can save a little more next year.
Starting in 2026, the IRS is raising the contribution limits for 401K and retirement accounts, and here's how you can save a little more next year.
Govt shutdown ends, but economic fallout and political tensions linger
As federal offices reopen, Washington faces lasting economic uncertainty and fresh political turmoil in the shutdown’s aftermath.
As federal offices reopen, Washington faces lasting economic uncertainty and fresh political turmoil in the shutdown’s aftermath.
U.S. Mint in Philadelphia to end penny production, last 1-cent coin pressed
In a historic moment for American currency, the U.S. Mint has struck its final penny. After more than 230 years of continuous production, the one-cent coin is being phased out in a symbolic moment, shifting away from cash.
In a historic moment for American currency, the U.S. Mint has struck its final penny. After more than 230 years of continuous production, the one-cent coin is being phased out in a symbolic moment, shifting away from cash.
Supreme Court extends order blocking full SNAP payments
The order will expire just before midnight Thursday.
The order will expire just before midnight Thursday.
Is a new stimulus payment coming? November 2025 IRS direct deposit fact check
Trump's $2,000 tariff dividend is fueling a new stimulus buzz.
Trump's $2,000 tariff dividend is fueling a new stimulus buzz.
Starbucks 'Bearista' frenzy: Some leave empty-handed, others declare ‘the war is over’
Starbucks fans are losing it over the sold-out Bearista cup and Hello Kitty plush, camping out, calling stores nonstop, and reselling the $44 cup for over $1,000 on eBay.
Starbucks fans are losing it over the sold-out Bearista cup and Hello Kitty plush, camping out, calling stores nonstop, and reselling the $44 cup for over $1,000 on eBay.
Tariff dividend: What Trump is again saying about possible 2025 stimulus checks
President Trump on Sunday again hinted at the possibility of a 2025 stimulus check. Here's what he's saying.
President Trump on Sunday again hinted at the possibility of a 2025 stimulus check. Here's what he's saying.
SNAP latest: SCOTUS issues emergency order temporarily blocking full funding for aid program
A federal appeals court had left an order in place that required the Trump administration to provide full SNAP benefits for November amid a U.S. government shutdown.
A federal appeals court had left an order in place that required the Trump administration to provide full SNAP benefits for November amid a U.S. government shutdown.
FAA's order to reduce flights at airports amid shutdown is in effect. What we know
Flights at airports nationwide are being cut, while hundreds more scheduled for Friday already have been canceled leaving travelers scrambling.
Flights at airports nationwide are being cut, while hundreds more scheduled for Friday already have been canceled leaving travelers scrambling.