Social Security Administration to make substantial COLA increase in 2023, but is it enough for retirees?
The Social Security Administration announced a substantial increase for beneficiaries in 2023, marking the highest COLA increase in more than 40 years.
6 ways to spot student loan forgiveness scams
Scams about during difficult financial times. Here’s how to avoid falling prey to student loan forgiveness scams.
Kroger seeks to create grocery giant with $20B Albertsons bid
Kroger already operates 2,800 stores in 35 states, while Alberstons operates 2,220 stores in 34 states.
Credit card debt burdens nearly half of Americans, survey says: Here’s how to pay yours down
Credit card debt affects nearly half the country and the average American has an outstanding balance of more than $6,000, according to a recent survey. Here's how you can pay off your credit card debt quickly.
Kroger in talks to buy rival Albertsons: reports
Albertsons shares rose and were briefly halted Thursday morning after reports of the potential merger surfaced.
Job growth slows in September but remains strong
Job growth slowed in September but remains strong. And economists suspect the labor market could slow significantly further in the months ahead.
Fewer homebuyers entering bidding wars amid high mortgage rates: Redfin
Amid high mortgage rates, only 44.6% of home offers through Redfin received a competing bid in August, down from the same time last year, according to data from real estate brokerage company.
Juul cancels plan to expand outside US, to lay off staff: report
Juul has been in a dispute with the FDA, which tried to ban the e-cigarette maker’s products earlier this year over questions about its potential health risks.
Peloton to cut 500 jobs as company's turnaround efforts continue
Peloton’s shares surged more than 400% in 2020 amid pandemic lockdowns, but sales have slowed as more people go back to the gym.
Peloton Bike coming to all Hilton-branded hotels in US by end of 2022
Hilton Honors members who are first-time Peloton users will also receive a 90-day trial to the fitness giant's app and preferred pricing on select connected fitness products.
Housing market likely to tip economy into recession in 2023: Fannie Mae
A slowing housing market could bring a recession as soon as the first quarter of 2023, according to Fannie Mae. Here's what that means for you.
Dan Wieden, ad icon behind Nike’s ‘Just Do It.’ slogan, dies
Wieden was born in March 1945 and graduated from the University of Oregon in 1967 with a degree in journalism.
Kim Kardashian pays over $1M to settle SEC charges related to crypto promo on Instagram
The SEC said Kim Kardashian failed to disclose that she was paid $250,000 to publish a post on her Instagram about EMAX tokens — a crypto asset security offered by EthereumMax.
DC Attorney General sues Liberty Tax claiming it misled thousands of customers
Attorney General Karl Racine is putting Liberty Tax on notice after filing a lawsuit against the company claiming that it mislead and secretly increased the cost of tax preparation for thousands of D.C. taxpayers.
Final GDP estimate for Q2 confirms negative economic growth
GDP contracted in the second quarter of 2022, according to the final estimate from the Bureau of Economic Analysis (BEA). Here's what that means for you.
Peloton, Dick's Sporting Goods partner to sell equipment
The deal, announced Thursday, marks the exercise and equipment company's latest bid to broaden its market share and become more profitable ahead of the holiday season.
Byron Allen’s $10B discrimination lawsuit against McDonald’s can move forward, judge rules
The lawsuit claims McDonald’s spends less than $5 million of its $1.6 billion annual TV advertising budget on Black-owned media.
Apple Pay Later unexpectedly delayed until further notice
Apple Pay Later was not released with the iOS 16 update as expected, and the company has not given a new date for its release.
Costco CEO says hot dog combo price might remain $1.50 forever
Costco CFO Richard Galanti said the company's gas and travel sectors allowed the company to make up for loss at the food court.
Macy's hiring 41K seasonal workers for the holidays
Macy's plans to hire 41,000 full and part-time seasonal workers for the upcoming holiday season. Over 10,300 seasonal workers in 2021 joined the company full-time.