Macy's delays Q3 earnings after employee conceals $154M in expenses
Macy's announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 million to $154 million in expenses.
How much money does it take to be financially successful? Depends on who you ask
Boomers and Gen Z had different answers in a new survey about how much money you need to be financially successful. But as it turns out, they may not be that far apart when you consider inflation.
Walmart warns of higher prices if Trump implements proposed tariffs
Potential tariffs could cost American consumers between $46B and $78B in annual spending power, the National Retail Federation says.
Nearly 3 in 4 Americans fear Social Security won't be available when they retire, poll finds
A new survey reveals widespread concerns among Americans about the future of Social Security benefits as the program faces potential funding shortfalls.
Historic 1652 coin found in furniture sells for $2.5M at California auction
A rare 1652 silver coin, about the size of a nickel, sold for $2.5 million at a California auction, breaking the previous record for a pre-Revolution American coin.
Target quarterly results fall as holiday discounts and dockworker strike hit profits
Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.
DOGE reportedly considers mobile tax-filing app to simplify US tax process
The Department of Government Efficiency (DOGE), led by Elon Musk and Vivek Ramaswamy, may develop a mobile app for filing taxes, aiming to simplify the tax process for Americans.
Trump's Treasury secretary pick: Who are the contenders?
President-elect Trump is reviewing candidates for the Treasury secretary role, with the list of contenders getting broader after Elon Musk offered an endorsement and shook up the race.
Marriott to lay off more than 800 workers as part of restructuring plan
Hundreds of employees of Marriott — one of the biggest companies in Montgomery County — are being told they’re going to be checked out of their jobs in just a few weeks.
Meatpacking company illegally hired minors in MN, fined $2 million
A meatpacking company with operations in St. James has been fined $2 million after an inspection found it was illegally employing underage workers that were also dealing with hazardous materials and operating machinery.
Where was inflation the highest in October? Northeast and Midwest cities near the top
The Labor Department released a new report on inflation that examined price growth in various cities and metropolitan areas in the U.S. which reflected a higher rate of inflation in the Northeast and Midwest.
Social Security Fairness Act: Bill to raise benefits for some passes House
A Social Security-related bill with bipartisan support would expand benefits for workers who are also eligible for other pensions.
Spirit prepares for bankruptcy filing after failed Frontier talks: report
Spirit Airlines is reportedly planning to file for Chapter 11 bankruptcy protection after its latest attempt to merge with Frontier Airlines fell through.
US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most economists believe inflation will continue its slowdown.
Medicare premiums increasing in 2025
Medicare’s premium increase for Part B in 2025 outpaces both inflation and the Social Security cost-of-living adjustment (COLA).
Federal Reserve cuts its key interest rate by a quarter-point on heels of election
The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.
Inflation may be coming down but that doesn't mean prices will, expert explains
Allianz chief economic adviser Mohamed El-Erian warned that even though inflation has cooled significantly, prices consumers face are unlikely to decrease.
TGI Fridays files for bankruptcy, COVID-19 pandemic blamed for financial woes
TGI Friday's has filed for Chapter 11 bankruptcy protection.
New rules could make it easier to switch banks
A new banking rule would make it easier to switch banks or lenders, but it’s already facing pushback from the financial industry.
Social Security November payment schedule: Here’s when beneficiaries will get their checks
It's officially November. Here's the Social Security payment schedule for the month, including when SSI beneficiaries will get paid for December ahead of time.