Nissan to cut 9K jobs, reduce CEO's monthly pay by 50% as company faces 'severe situation'
Nissan President and CEO Makoto Uchida volunteered to immediately begin forfeiting half of his monthly compensation, and other executive committee members also volunteered to take pay cuts.
Nissan President and CEO Makoto Uchida volunteered to immediately begin forfeiting half of his monthly compensation, and other executive committee members also volunteered to take pay cuts.
Federal Reserve cuts its key interest rate by a quarter-point on heels of election
The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.
The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.
Wall Street soars on Trump victory as analysts debate economic impact
It was a monster day on Wall Street as the Dow reacted to the election of Donald Trump by climbing 1,508 points. The tech-heavy NASDAQ Index was up by more 544 points.
It was a monster day on Wall Street as the Dow reacted to the election of Donald Trump by climbing 1,508 points. The tech-heavy NASDAQ Index was up by more 544 points.
Inflation may be coming down but that doesn't mean prices will, expert explains
Allianz chief economic adviser Mohamed El-Erian warned that even though inflation has cooled significantly, prices consumers face are unlikely to decrease.
Allianz chief economic adviser Mohamed El-Erian warned that even though inflation has cooled significantly, prices consumers face are unlikely to decrease.
TGI Fridays files for bankruptcy, COVID-19 pandemic blamed for financial woes
TGI Friday's has filed for Chapter 11 bankruptcy protection.
TGI Friday's has filed for Chapter 11 bankruptcy protection.
IRS increases 401(k), other retirement plan contribution limits for 2025
The IRS has updated its eligibility thresholds and contribution limits for 401(k), IRA and other retirement accounts.
The IRS has updated its eligibility thresholds and contribution limits for 401(k), IRA and other retirement accounts.
Social Security November payment schedule: Here’s when beneficiaries will get their checks
It's officially November. Here's the Social Security payment schedule for the month, including when SSI beneficiaries will get paid for December ahead of time.
It's officially November. Here's the Social Security payment schedule for the month, including when SSI beneficiaries will get paid for December ahead of time.
Americans spending less money on Halloween
High prices have Americans spending less this year.
High prices have Americans spending less this year.
Inflation gauge falls to lowest level in 3 1/2 years
Inflation has improved over the past two years after supply chains recovered from disruptions from the pandemic and the Federal Reserve raised its key interest rate.
Inflation has improved over the past two years after supply chains recovered from disruptions from the pandemic and the Federal Reserve raised its key interest rate.
Will Mayor Brandon Johnson's budget plan include property tax hikes?
Joe Ferguson, President of the Civic Federation, discussed the possibility of property tax hikes in the mayor's budget plan.
Joe Ferguson, President of the Civic Federation, discussed the possibility of property tax hikes in the mayor's budget plan.
Man wins $1M from lottery ticket he bought with money found in parking lot
The winner found $20 in a parking lot outside of a Speedway in North Carolina.
The winner found $20 in a parking lot outside of a Speedway in North Carolina.
Mortgage rates go up again this week – what’s the forecast for November?
Mortgage rates could change in November, but experts are split on by how much, according to a recent report.
Mortgage rates could change in November, but experts are split on by how much, according to a recent report.
Infant care costs roughly 10% of a family's annual income in nearly all states, study finds
A new study reveals that child care expenses are absorbing a significant portion of family household incomes nationwide.
A new study reveals that child care expenses are absorbing a significant portion of family household incomes nationwide.
'90s fitness guru lost multimillion-dollar empire, delivered for Uber Eats in ‘desperation’
Susan Powter's financial downfall after building a fitness empire was due to the mismanagement of her fortune. The '90s fitness guru claimed she delivered for Uber Eats.
Susan Powter's financial downfall after building a fitness empire was due to the mismanagement of her fortune. The '90s fitness guru claimed she delivered for Uber Eats.
New plan would cancel student loans for those with financial hardships
Student loan borrowers who face steep medical bills, child care costs and other types of financial hardship could see their student loan debt erased under a new proposal.
Student loan borrowers who face steep medical bills, child care costs and other types of financial hardship could see their student loan debt erased under a new proposal.
Quinn advocates for millionaire tax to ease property tax burden
Former Illinois Governor Pat Quinn is back on the campaign trail, though not for an elected office.
Former Illinois Governor Pat Quinn is back on the campaign trail, though not for an elected office.
This is how much money you need to never work again
Our expert offered one key tip for those who want to become a millionaire and stay a millionaire.
Our expert offered one key tip for those who want to become a millionaire and stay a millionaire.
Social Security: Here's how far the average check goes in 50 largest US cities, according to study
Millions of Americans receive Social Security benefits and depending on where you live, the check might stretch a little more for expenses based on findings from a recent study.
Millions of Americans receive Social Security benefits and depending on where you live, the check might stretch a little more for expenses based on findings from a recent study.
Social Security: It'll be harder to qualify for retirement benefits starting in 2025 — what to know
It will become slightly harder to qualify for Social Security benefits in retirement next year amid a change related to the value of a work "credit."
It will become slightly harder to qualify for Social Security benefits in retirement next year amid a change related to the value of a work "credit."
Former Gov. Pat Quinn calls Illinois voters' attention to tax-saving referendum
Former Illinois Gov. Pat Quinn has been trying to convince voters to sign off on a non-binding referendum asking whether the state should raise taxes on incomes over $1 million to pay for property tax relief.
Former Illinois Gov. Pat Quinn has been trying to convince voters to sign off on a non-binding referendum asking whether the state should raise taxes on incomes over $1 million to pay for property tax relief.