IRS ends COVID-19 tax credits: Here's what you need to know before filing in 2023

Among the several pandemic tax credits returning to 2019 levels is the Child Tax Credit. Filers will get $1,600 less in credit for 2022 for each qualifying child under age 17.

Starbucks to offer nationwide DoorDash delivery by March

Starbucks said delivery represents a “significant growth opportunity” for the coffee giant as more people shift to remote work with less in-person ordering.

Many smaller businesses plan to ramp up hiring in 2023, survey finds

The survey found that 84% of smaller business leaders said they’re also increasing compensation, while others are offering hiring bonuses, more flexible hours, and remote work options.

Here's what is open and closed on MLK Day 2023

The U.S. is marking Martin Luther King Jr.‘s birthday on Monday, Jan. 16. The federal holiday means government agencies and many banks will be closed.

Inflation drops in December – will the Fed slow interest rate hikes in 2023?

Inflation eased in December, but interest rates are likely to increase a few more times in 2023. However, the rate of increase could slow, one Fed official says. Here's what it means for you.

Biden proposes new student loan repayment plan: Here’s how much borrowers will save

The Department of Education's new student loan repayment plan would offer $0 monthly payments for any individual borrower who makes less than roughly $30,600 annually and any borrower in a family of four who makes less than about $62,400.

FTX Trading bankruptcy: Customer, creditor information will remain concealed

The judge presiding over the bankruptcy of cryptocurrency exchange FTX Trading is allowing the company to maintain a veil of secrecy over the names of individual customers and creditors.

FTX name can be stripped from Miami Heat arena, bankruptcy court rules

The naming rights deal between FTX and Miami-Dade County has been terminated by a federal bankruptcy court following the collapse of the cryptocurrency exchange.

Secure 2.0 Act helps savers nearing retirement boost catch-up contributions

The Secure 2.0 Act of 2022 – a follow-up to the 2019 Secure Act – allows for an increase in "catch-up" contributions for people nearing retirement.

Bed Bath & Beyond plans for more layoffs as sales tank

Bed Bath & Beyond’s fiscal third-quarter sales fell by a third as the home goods company struggles to strike the right balance with its shoppers, a sign of its worsening outlook.

Promotions, not job cuts, follow Southwest Airlines holiday chaos

Southwest announced five promotions to help with operations. The airline canceled thousands of flights in late December because of a winter storm.

Bed Bath & Beyond's list of store closings

California, New York, Florida, Pennsylvania and other states will see multiple Bed Bath & Beyond stores close.