Consumers plan to increase spending this holiday season: survey
Shoppers across all income levels plan to spend more this year for the holiday, a recent Deloitte survey said.
Here's what ‘job cuffing’ is and how to avoid it
The recent trend has workers sticking it out at their jobs a little longer before searching for the next great opportunity.
Best Buy combating theft with higher staffing levels in stores
Best Buy CEO Corrie Barry acknowledged the nationwide problem but said the electronics retailer has not experienced the significant loss competitors have thanks to its strategy of higher staffing levels, security, and full-service check-outs.
Fed may not be done with interest rate hikes – Here's how that could impact your debt
Federal Reserve Chairman Jerome Powell said that the progress made on moderating inflation has been gratifying but that there was still a long way to go to bring it to a 2% target rate.
Social Security clawed back overpayments tied to COVID-19 stimulus – lawmakers want answers
Some Social Security recipients have erroneously seen their benefits suspended or have been assessed overpayments due to COVID-19 stimulus checks.
Sam Altman reinstated as OpenAI CEO days after being ousted, along with new board
The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, culminating a days-long power struggle that shocked the tech industry.
IRS delays $600 payment reporting rule for Venmo, Cash App and other payment apps
The IRS announced on Tuesday that it will delay implementing its $600 tax reporting requirement that was to take effect for the 2023 tax filing season.
Social Security reform would restore full benefits to public workers
Reform to provisions designed to even the playing field between workers who paid Social Security and public sector workers who don't but benefit from a pension program could cost as much as $150 billion.
Nearly a million student loan borrowers back in forbearance following servicer billing errors
The Department of Education has withheld millions of dollars of payment to student loan servicers over billing errors that triggered delinquencies for many students.
Gen Z attitude toward 9-to-5 job sparking debate about the difference in generational work ethics
Research shows Gen Z has different priorities when it comes to their workday. But, experts argue it's less about their willingness to work and more about their approach to work.
OpenAI's employees revolt, threaten to quit unless board reinstates Sam Altman and resigns
More than 500 of the artificial intelligence company's roughly 770 workers signed a letter, threatening to follow Sam Altman to Microsoft unless their demands are met.
Microsoft hires OpenAI founder Sam Altman after being ousted
Meanwhile, the new head of ChatGPT maker OpenAI said Monday that he would launch an investigation into the firing of Sam Altman -- a corporate shakeup that shocked the artificial intelligence world.
Amazon warns employees: No promotions without following in-office mandate
Amazon employees who don’t abide by the company’s return-to-office mandate could jeopardize their pursuit of promotions.
Mortgage rates dip further and could be the break homebuyers need: Freddie Mac
The average 30-year fixed-rate mortgage was 7.44% for the week ending Nov. 16, according to Freddie Mac's latest Primary Mortgage Market Survey.
US Postal Service records whopping $6.5 billion net loss for 2023
The U.S. Postal Service has posted a $6.5 billion net loss for fiscal year 2023 with operating revenue falling by $321 million.
Push to cap loan interest fees at 36 percent may leave subprime borrowers without credit, trade groups warn
New legislation seeks to cap interest rates on all consumer loans, but banking groups warn it could do more harm than good.
Flat October inflation leaves consumer prices unchanged
Consumer prices held steady in October as prices remained the same as the month before, and on an annual basis, prices rose 3.2% in October, a deceleration from the 3.7% growth in September.
Record number of Americans moving to disaster prone areas
Despite recent natural disasters, places known for climate risk are becoming popular destinations for homeowners.
Credit card balances grow $48 billion in the third quarter: NY Fed
Credit card balances spiked by $154 billion year over year, notching the most significant increase since 1999, according to the New York Fed.
How to avoid online holiday scams and what to do if you fall for them
It's the holiday season – and that means scammers are working around the clock trying to find new ways to take your hard-earned money.