DoorDash to cut 1,250 corporate jobs after COVID-19 pandemic hiring surge
Delivery company DoorDash is eliminating more than 1,200 corporate jobs, about 6% of its total workforce, saying it hired too many people when demand for its services increased during the COVID-19 pandemic.
House passes bill to avert railroad strike, impose deal on unions
If an agreement wasn't reached before a Dec. 9 deadline, the unions threatened to strike -- which would have devastating effects on the U.S. economy.
Inflation relief checks going to residents in these states. See if you qualify
With inflation running near the highest level in 40 years, Republican and Democratic leaders in some states are offering stimulus payments to residents.
Biden asks Congress to block potential railroad strike
President Joe Biden is calling on Congress to pass legislation to intervene and block a railroad strike before next month’s deadline in the stalled contract talks.
Cryptocurrency lender BlockFi files for bankruptcy, latest in FTX fallout
BlockFi had been struggling for much of this year but was given a lifeline through FTX -- which went bankrupt last month.
Retiring too early could cost you $182,000 in benefits, study says
A new study says that virtually all American workers between 45 and 62 should wait beyond age 65 to collect their retirement benefits, and many should wait until 70.
Black Friday taking a back seat to Small Business Saturday this year
Inflation is shifting consumers' and retailers' behavior.
Explainer: Why a rail strike is looming, and the wide impact it'd have on the economy
American consumers and nearly every industry will be affected if freight trains grind to a halt next month. Here's what to expect.
Cryptocurrency exchange FTX owes over $3B to creditors
Bahamas-based FTX filed for bankruptcy on Nov. 11 after the exchange acknowledged that it had used customer funds to cover bad bets by Bankman-Fried's trading arm, Alameda Research.
Student loan forgiveness: What to know if you've applied for relief
President Joe Biden’s plan to provide up to $20,000 in federal student loan forgiveness has been blocked by two federal courts. So what happens now?
How much you can expect to pay for Thanksgiving staples this year
Americans are bracing for a costly Thanksgiving this year, with double-digit percent increases in the price of turkey, potatoes, stuffing, canned pumpkin and other staples.
Texas mother shares secrets to making $5 dinners every night
As inflation has driven up food prices by 10% this year, Erin Chase, author of 5 Dollar Dinners shares her secrets to saving on groceries.
DC in top ten most generous cities for tipping
D.C. is the seventh most generous city for restaurant tipping, according to a new study by Popmenu.
After FTX bankruptcy, Binance proposing fund to save crypto from future failures
The proposal is an effort to stave off the cascading effects of last week's implosion of FTX, the world's third-largest crypto exchange.
FTX bankruptcy filing: What's happening at the crypto exchange?
FTX is struggling to account for money that went missing hours after it filed for bankruptcy. Billions of dollars are unaccounted for right now.
Inflation slowdown? Not in some cities, where consumer prices still top 12%
One city, in particular, is seeing the highest inflation rate in the country, still above 12%.
FTX cryptocurrency exchange files for bankruptcy
Embattled cryptocurrency exchange FTX, short billions of dollars, is seeking bankruptcy protection following its collapse this week.
Biden’s student loan forgiveness program struck down by Texas federal judge
President Joe Biden’s plan, announced in August, would cancel $10,000 in student loan debt for those making less than $125,000 or households with less than $250,000 in income.
IRS hiring over 700 new employees
The Internal Revenue Service is looking for over 700 new employees to help taxpayers at Taxpayer Assistance Centers across the country.
US consumer inflation slowed to 7.7% in October
Consumer inflation reached 7.7% in October from a year earlier and 0.4% from September, the Labor Department said Thursday.