Social Security cuts could be coming soon — here's who will be affected
A recent government report suggests that Social Security funds face a long-term financial crunch that could mean some benefits get cut sooner for retirees.
A recent government report suggests that Social Security funds face a long-term financial crunch that could mean some benefits get cut sooner for retirees.
Federal Reserve raises key interest rate by quarter-point
The Fed also warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions" and “weigh on economic activity, hiring and inflation."
The Fed also warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions" and “weigh on economic activity, hiring and inflation."
Banking failures add to growing economic uncertainty
A big week for the US economy. The Federal Reserve is meeting and could vote to hike interest rates, once again, in an effort to tamp down inflation.
A big week for the US economy. The Federal Reserve is meeting and could vote to hike interest rates, once again, in an effort to tamp down inflation.
Egg prices so high, Dollar Tree pulls them from shelves completely
Eggs will make a return to Dollar Tree when prices fall.
Eggs will make a return to Dollar Tree when prices fall.
Bank failures, bailouts divide Congress on next steps
Here is a look at what lawmakers are saying and planning as the fallout continues from the collapse of Silicon Valley Bank and Signature Bank.
Here is a look at what lawmakers are saying and planning as the fallout continues from the collapse of Silicon Valley Bank and Signature Bank.
Silicon Valley Bank seized by regulators
Silicon Valley Bank, known as SVB, is the largest bank failure since the height of the 2008 financial crisis.
Silicon Valley Bank, known as SVB, is the largest bank failure since the height of the 2008 financial crisis.
Costco answers whether it is raising membership fee: 'Question of when, not if'
Currently, the Annual Costco Gold Star membership costs $60, and Executive membership is $120 per year.
Currently, the Annual Costco Gold Star membership costs $60, and Executive membership is $120 per year.
Car debt piles up as more Americans struggle to make payments
Car repossessions are growing as Americans are still struggling with higher car prices and inflation.
Car repossessions are growing as Americans are still struggling with higher car prices and inflation.
'Real leader': Biden nominates Julie Su as next US labor secretary
Julie Su, a civil rights attorney and former head of California’s labor department, was central to negotiations between labor and freight rail companies late last year, working to avert an economically debilitating strike.
Julie Su, a civil rights attorney and former head of California’s labor department, was central to negotiations between labor and freight rail companies late last year, working to avert an economically debilitating strike.
Plunging natural gas prices eases inflation concerns
Natural gas accounts for nearly 25% of residential energy needs, making it a big driver in last year’s worst bout of inflation in 40 years.
Natural gas accounts for nearly 25% of residential energy needs, making it a big driver in last year’s worst bout of inflation in 40 years.
Bed Bath & Beyond closing 87 additional stores. Here’s the list of locations
The latest store closings are impacting the struggling retailer as it considers its options, including possibly filing for bankruptcy.
The latest store closings are impacting the struggling retailer as it considers its options, including possibly filing for bankruptcy.
Walmart trying out more 'upscale' stores with launch of new designs, upgrades
The retailer has renovated nearly 1,000 stores with the redesigns, and several have recently opened.
The retailer has renovated nearly 1,000 stores with the redesigns, and several have recently opened.
Hasbro laying off 1,000 employees amid cost-savings push
The company well-known for Monopoly, Play-Doh, and My Little Pony toys says the layoffs are 15% of its global full-time workforce.
The company well-known for Monopoly, Play-Doh, and My Little Pony toys says the layoffs are 15% of its global full-time workforce.
Consumers are piling on credit card debt, flashing signs of potential crisis
As Americans rack up record-high credit card debt after a year of soaring inflation and interest rate hikes, charge-offs are beginning to roll in at the start of a looming default crisis.
As Americans rack up record-high credit card debt after a year of soaring inflation and interest rate hikes, charge-offs are beginning to roll in at the start of a looming default crisis.
Gold and silver boom predicted as US hits debt ceiling, dollar devalues
Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.
Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.
Google cutting 12,000 jobs as tech industry layoffs widen
Google has become the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.
Google has become the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.
US debt limit: US Treasury buys time for Biden and House GOP on deal
The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.
The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.
Netflix is hiring a flight attendant for one of its private jets—and the job pays up to $385,000
Job candidates can apply now for the role on the Netflix website for a chance to travel and earn a quality salary.
Job candidates can apply now for the role on the Netflix website for a chance to travel and earn a quality salary.
US inflation slows to 6.5% over past 12 months, easing some pressure
The softer readings add to growing signs that the worst inflation in four decades is gradually waning.
The softer readings add to growing signs that the worst inflation in four decades is gradually waning.
Biden: Easing inflation 'giving families some real breathing room'
Inflation eased to 6.5% in December compared with 12 months earlier.
Inflation eased to 6.5% in December compared with 12 months earlier.