Microsoft targets customer-facing roles as it begins 9,000 worker layoff

Starting Wednesday, Microsoft is cutting nearly 4% of the company’s total workforce, or around 9,000 workers. It’s the Tech Giant’s second-largest layoff since it laid off 10,000 employees in 2023, and comes after a 3% staff cut in May.

On Bobby Bonilla Day, the Nationals pay Toronto Blue Jays' Max Scherzer $15M

Every July 1, while Major League Baseball buzzes with excitement over the upcoming All-Star game, one name steals the spotlight without swinging a bat – and that’s Bobby Bonilla. 

New DC law takes effect July 1, 2025

Two new laws regarding the minimum wage were set to go into effect in the District on July 1, 2025 – but one has been put on hold.

Majority US families expect to maintain or increase back-to-school spending, survey finds

Nearly 3 in 4 US families plan to spend the same or more on back-to-school shopping this fall, according to a new survey from PwC, signaling strong demand despite inflation and tariff-related price pressures.

Making money off your home
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Home owning doesn't have to be an extra expense, recoup some of your expenses by turning your home into a money maker with Milan Griffin's helpful tips.

Why summer gas prices are at a four-year low

The national average price for a gallon of regular gasoline was $3.20 on Friday.

Auto loan delinquencies are on the rise; these states have the most

Analysts say an increase in late car payments is a concerning trend: despite stubborn inflation and high interest rates, unemployment rates are still low.

World's richest 1% raised their wealth by $33.9 trillion in 10 years

A new analysis says the wealth of just 3,000 billionaires is “more than enough to eliminate annual poverty 22 times over.”

Oil prices could spike amid US strikes on Iran nuclear sites. What we know

Oil prices may change after the United States’ involvement in the Israel-Iran war. Some experts warn that possible retaliation by Iran could interrupt the influx of crude oil, which may harm global economies.

Feds make decision on interest rates: What to know

Federal Reserve officials expect inflation to worsen in the coming months but they still foresee interest rate cuts by the end of this year.

Chase Sapphire Reserve credit card changes: What to know

The cost to have Chase’s popular Sapphire Reserve travel credit card has increased 77% since it was introduced in 2016. Here’s what to know about the card.

Social Security's 2026 COLA: Recipients could get more money next year

Social Security recipients’ monthly checks could be higher than originally thought next year with the cost-of-living adjustment, or COLA.

Student loan delinquencies dropping credit scores: What to know

Student loan payment delinquencies are appearing on credit reports for the first time in more than 3 years, affecting credit scores for millions. Here’s what that means, and what to do about it.