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Business

News related to money, including business and finance.

Gas and oil prices are on the rise as warm weather brings more demand

Gas and oil prices are on the rise as warm weather brings more demand

Gas prices are up from last month, but down $0.29 compared to last year.

February 9, 2024 6:27pm EST
House passes $78 billion tax bill expanding the child tax credit, its fate in the Senate remains to be seen

House passes $78 billion tax bill expanding the child tax credit, its fate in the Senate remains to be seen

The child tax deduction expansion would make more of the credit refundable, helping millions of families.

February 9, 2024 6:19pm EST
US buys more from Mexico than China; 1st time in over 2 decades

US buys more from Mexico than China; 1st time in over 2 decades

U.S.-China relations have deteriorated in recent years, thus leading a way for Mexico to take China’s place as a leading importer for U.S. commerce.

February 8, 2024 5:36pm EST
2023 was the hottest year on record, driving up utility costs and homeowners insurance prices

2023 was the hottest year on record, driving up utility costs and homeowners insurance prices

Inflation and climate change lend to higher homeowners insurance rates, causing some homeowners to consider moving.

February 8, 2024 2:17pm EST
This is the #1 city for first-time homebuyers, and other hot US housing markets

This is the #1 city for first-time homebuyers, and other hot US housing markets

After Toledo, Rochester, NY, Springfield, MA and Worcester all rank as some of the more affordable metro areas, particularly for first-time buyers.

February 8, 2024 1:19pm EST
FAFSA inflation fix scheduled for mid-March, delays award notification until spring

FAFSA inflation fix scheduled for mid-March, delays award notification until spring

The Department of Education said an inflation fix to FAFSA won’t come until mid-March, further delaying financial aid award notifications.

February 7, 2024 8:24pm EST
12 states qualify for the IRS Direct File pilot program: Is yours one of them?

12 states qualify for the IRS Direct File pilot program: Is yours one of them?

On top of a new IRS tax filing system, an adjustment to the child tax credit may qualify families for higher credits.

February 7, 2024 8:17pm EST
Social inflation causing insurance rates to jump, no end in sight for rising premiums in 2024

Social inflation causing insurance rates to jump, no end in sight for rising premiums in 2024

Insurance rates are rising for customers as insurers struggle to deal with claim payouts.

February 7, 2024 4:56pm EST
These 5 cities have the largest inflation problem: survey

These 5 cities have the largest inflation problem: survey

Buyers are more optimistic about homebuying as average monthly mortgage payments drop to their lowest level in years.

February 5, 2024 2:31pm EST
Homeowners’ monthly mortgage payments dropped to lowest rate in years

Homeowners’ monthly mortgage payments dropped to lowest rate in years

Buyers are more optimistic about homebuying as average monthly mortgage payments drop to their lowest level in years.

February 5, 2024 2:06pm EST
U.S. heads toward slow recovery with 353,000 jobs added in January

U.S. heads toward slow recovery with 353,000 jobs added in January

Employment grew by 353,000 in January while unemployment stayed at 3.7%.

February 2, 2024 7:04pm EST
Gas prices increase in synch with oil costs and growing demand

Gas prices increase in synch with oil costs and growing demand

A spike in demand as winter weather thawed and higher oil prices pushed gas prices up this week.

February 2, 2024 6:50pm EST
Borrowers meet challenges as student loans resume and servicers struggle to handle new payments

Borrowers meet challenges as student loans resume and servicers struggle to handle new payments

The Biden-Harris administration is withholding payments from services characterized by long wait times and inaccurate loan bills.

February 2, 2024 6:37pm EST
Some Target workers fired after buying Stanley cups: report

Some Target workers fired after buying Stanley cups: report

Target has a rule about employees capitalizing on their position to get the sought-after cups.

February 2, 2024 1:38pm EST
Trump-era tax cuts poised to expire soon, meaning you could face steeper taxes

Trump-era tax cuts poised to expire soon, meaning you could face steeper taxes

The expiration of the Tax Cuts and Jobs Act on Dec. 31, 2025, will essentially mean that many Americans will be forced to pay anywhere between 1% to 4% more in taxes unless certain provisions are extended or made permanent.

February 2, 2024 10:55am EST
Fed holds steady on interest rates, but outlook on when cuts will come remains cloudy

Fed holds steady on interest rates, but outlook on when cuts will come remains cloudy

The Federal Reserve held the federal funds rate at a 22-year high of 5.25% to 5.5% at its January meeting on Wednesday.

February 1, 2024 2:43pm EST
Hulu begins password-sharing crackdown: Here's what to know

Hulu begins password-sharing crackdown: Here's what to know

Hulu said the terms will become effective next month.

February 1, 2024 1:32pm EST
US home prices hit a new record high in November

US home prices hit a new record high in November

US home prices rise again in November as inventory shortage persists

January 31, 2024 6:10pm EST
Many consumers carrying a credit balance know it's a bad idea: survey

Many consumers carrying a credit balance know it's a bad idea: survey

Americans know better than to carry a balance, but many struggle with growing credit card debt, a recent survey said.

January 31, 2024 12:16pm EST
Home prices in some cities trended down in November: Case-Shiller

Home prices in some cities trended down in November: Case-Shiller

Home prices were generally on the rise in 2023, but declined slightly in November.

January 31, 2024 12:07pm EST
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Maryland snow storm: Wintry mix brings ice dangers over weekend after Christmas

Maryland snow storm: Wintry mix brings ice dangers over weekend after Christmas

Powerball ticket sold in Arkansas wins $1.817 billion jackpot

Ticket wins $1.817B Powerball jackpot

Maryland pioneers early-intervention hotline to curb domestic violence

Maryland pioneers early-intervention hotline to curb domestic violence

Two injured in ICE-involved shooting in Glen Burnie: officials

Two injured in ICE-involved shooting in Glen Burnie: officials

2 miles of delays on I-66 after multi-vehicle crash

2 miles of delays on I-66 after multi-vehicle crash

Trending

ICE disputes claim that Maryland woman arrested in viral case is US citizen

ICE disputes claim that Maryland woman arrested in viral case is US citizen

Attorneys continue to fight for Maryland woman they say was wrongfully detained by ICE

Attorneys continue to fight for Maryland woman they say was wrongfully detained by ICE

DC man sues employer saying he was unlawfully fired due to decades-old misdemeanor charge

DC man sues employer saying he was unlawfully fired due to decades-old misdemeanor charge

Maryland snow storm: Wintry mix brings ice dangers over weekend after Christmas

Maryland snow storm: Wintry mix brings ice dangers over weekend after Christmas

Man charged with murder in Prince George's County shooting that killed 37-year-old

Man charged with murder in Prince George's County shooting that killed 37-year-old

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