Google cutting 12,000 jobs as tech industry layoffs widen

Google has become the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.

US debt limit: US Treasury buys time for Biden and House GOP on deal

The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.

Party City files for bankruptcy protection amid rising prices

Party City is filing for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending.

How inflation is changing the way people use payment apps

A recent survey by Forbes finds that some young adults are using payment apps to cover the costs of restaurant tabs, groceries, and rent.

Biden, López Obrador, Trudeau show unity during summit, downplay tensions

President Joe Biden, Mexican President Andrés Manuel López Obrador and Canadian Prime Minister Justin Trudeau are seeking to downplay their frustrations with one another on migration and trade as they meet for the North American Leaders Summit.

FTC proposes rule banning noncompete clauses for workers

The Federal Trade Commission says the rule would open new job opportunities for 30 million Americans and raise wages by $300 billion a year.

Here's all of FOX 5 DC's 2022 recap stories and a few looks ahead to 2023

Over the past few weeks, we've assembled a bunch of great stories to help you look back on 2022, the year that was, and think ahead to 2023. These are just a few of them.

Here's how much pay Americans say they'd need to start a new job

A recent survey from the Federal Reserve Bank of New York reveals most people will hop to a new job for a starting salary a little over $73,000 a year.

Senate passes $1.7T spending bill to fund government, aid Ukraine

The Senate has passed a $1.7 trillion bill to finance federal agencies through September, aid Ukraine and provide assistance to communities recovering from hurricanes, floods and other natural disasters.

Treasury department delays electric vehicle tax credit changes

The Treasury Department has pushed the issuance of guidance for new electric vehicle tax credit rules from January to March as it continues to develop them.

Wall Street may get much worse in 2023 before it gets better

Many analysts expect stocks to end 2023 around their current range, if not a bit higher. But before that, much of Wall Street is also forecasting stock prices to fall sharply in the interim.

How Federal Reserve’s series of rate hikes could affect your finances

As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.

Nearly half of US workers hope to get promoted, a raise in 2023, survey shows

According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.