Tax law changes could affect PayPal, Venmo, and Cash App users

Millions of small business owners who rely on payment apps like Venmo, PayPal, and Cash App could be subject to a new tax law that just took effect in January. 

Amazon closes $8.45B MGM studio acquisition

Amazon has closed its $8.45 billion acquisition of MGM Studios as it looks to boost its streaming service in competition with Netflix and Disney. 

Zelle scammers steal thousands of dollars from Maryland woman

A Maryland woman scammed out of thousands of dollars is speaking out in an effort to help others avoid a ploy making the rounds across the country.

Netflix to launch test that requires subscribers to pay for users outside household

Netflix says it is testing a new feature for its members in Chile, Costa Rica and Peru, requiring users to add “sub accounts” for up to two people they don’t live with — and it will come at a cost.

Federal Reserve raises interest rates: What to do now

In order to fight decades-high inflation levels, the Federal Reserve raised rates for the first time since 2018 on Wednesday.

DoorDash paying back drivers to offset high gas prices

Delivery company DoorDash said Tuesday it will refund its drivers for some U.S. gasoline purchases to help offset higher prices at the pump.

List of Russian goods that are banned, boycotted in US

Russia’s invasion of Ukraine has prompted sanctions, boycotts and limited access to social media platforms by the U.S.

Inflation rises to yet another new 40-year high in February

With inflation reaching yet another new 40-year high in February, economists have begun to question the Fed's ability to bring it back down.

Biden administration considering another student loan payment pause extension

President Biden is still considering canceling student loans or extending the forbearance period, a White House spokesperson said on a recent podcast episode.

McDonald's to temporarily close 850 restaurants in Russia

McDonald’s said Tuesday it is temporarily closing all of its 850 restaurants in Russia in response to the country’s invasion of Ukraine.

The Great Return: More companies calling employees back to the office

The Bureau of Labor Statistics said teleworking due to the COVID-19 pandemic dropped in February as more companies reopen their offices.

Dollar General creating 10,000 new jobs in 2022

Discount retail chain Dollar General plans on hiring another 10,000 workers by the end of the fiscal year as it continues expanding.

Mastercard, Visa suspend operations in Russia amid Ukraine invasion

Mastercard said cards issued by Russian banks will no longer be supported by its network and any card issued outside the country will not work at Russian stores or ATMs.

Biden announces $54M Siemens investment, planned US factory jobs

President Biden joined the CEO of Siemens USA to announce a $54M investment to produce equipment for electrical infrastructure, creating 300 more jobs at California and Texas sites.

Google employees to return to offices in April

It’s back to the office for Google employees for the first time during the COVID-19 pandemic.