When could Social Security run out of money? Fund faces insolvency earlier than expected
Social Security and Medicare face long-term shortfalls that could lead to smaller payments.
Social Security and Medicare face long-term shortfalls that could lead to smaller payments.
Many electric vehicles to lose big tax credit under proposed new rules
Fewer new EVs will qualify for a full $7,500 federal tax credit under the rules proposed Friday by the U.S. Treasury Department.
Fewer new EVs will qualify for a full $7,500 federal tax credit under the rules proposed Friday by the U.S. Treasury Department.
Apple Pay Later launches after a six-month delay
Apple announced the soft launch of its long-awaited buy now, pay later service option for Apple Wallet.
Apple announced the soft launch of its long-awaited buy now, pay later service option for Apple Wallet.
Americans pulled nearly $100B out of bank accounts as SVB, Signature Bank collapsed
During the closures of SVB and Signature Bank, Americans withdrew almost $100 billion from their bank accounts, according to seasonally adjusted data from the Federal Reserve.
During the closures of SVB and Signature Bank, Americans withdrew almost $100 billion from their bank accounts, according to seasonally adjusted data from the Federal Reserve.
Rising number of Americans choose bankruptcy to deal with unmanageable debt: report
Total individual bankruptcy filings in February rose to 30,193, up 18% from a year ago and up 2% from January, according to a recent American Bankruptcy Institute (ABI) report.
Total individual bankruptcy filings in February rose to 30,193, up 18% from a year ago and up 2% from January, according to a recent American Bankruptcy Institute (ABI) report.
First Citizens to acquire troubled Silicon Valley Bank, FDIC says
Customers of Silicon Valley will automatically become customers of First Citizens, which is headquartered in North Carolina.
Customers of Silicon Valley will automatically become customers of First Citizens, which is headquartered in North Carolina.
Gas prices drop despite rising demand, tighter supply: AAA
Gas prices decreased this week to $3.49 per gallon, AAA reported. And prices could hold steady as the price of oil remains low, despite a rise in demand for gas.
Gas prices decreased this week to $3.49 per gallon, AAA reported. And prices could hold steady as the price of oil remains low, despite a rise in demand for gas.
Lindsay Lohan, Jake Paul, Soulja Boy and other celebs charged with alleged crypto violations by SEC
Crypto entrepreneur Justin Sun and his companies were also charged for fraud and other security law violations.
Crypto entrepreneur Justin Sun and his companies were also charged for fraud and other security law violations.
Fed forges ahead with 25 basis point interest rate increase, signaling resolve to battle inflation
The Federal Reserve announced another 25 basis point interest rate increase, bringing the federal funds rate to a targeted range of 4.75% to 5%, the highest level in 15 years.
The Federal Reserve announced another 25 basis point interest rate increase, bringing the federal funds rate to a targeted range of 4.75% to 5%, the highest level in 15 years.
Gender pay gap in US hasn’t changed much in two decades, report finds
New analysis from Pew Research finds that despite women earning more now than they did over 30 years ago, the disparity in pay for them compared to men has been stagnant.
New analysis from Pew Research finds that despite women earning more now than they did over 30 years ago, the disparity in pay for them compared to men has been stagnant.
Federal Reserve raises key interest rate by quarter-point
The Fed also warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions" and “weigh on economic activity, hiring and inflation."
The Fed also warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions" and “weigh on economic activity, hiring and inflation."
More people are delaying paying up front
An increasing number of shoppers are leaning on buy now, pay later services -- with many using it to foot the bill for groceries.
An increasing number of shoppers are leaning on buy now, pay later services -- with many using it to foot the bill for groceries.
MacKenzie Scott launches new 'open call' to donate $250 million to nonprofits
Since 2019, when she pledged to donate the majority of her wealth, MacKenzie Scott has given more than $14 billion in unrestricted funds to 1,600 nonprofits.
Since 2019, when she pledged to donate the majority of her wealth, MacKenzie Scott has given more than $14 billion in unrestricted funds to 1,600 nonprofits.
US home values fell $2.3 trillion in 2022, but homeowners still benefiting from pandemic era gains: Redfin
The total value of U.S. homes was $45.3 trillion at the end of 2022, down 4.9% from a record high of $47.7 trillion in June – the most significant June-to-December drop in percentage terms since 2008, according to Redfin.
The total value of U.S. homes was $45.3 trillion at the end of 2022, down 4.9% from a record high of $47.7 trillion in June – the most significant June-to-December drop in percentage terms since 2008, according to Redfin.
Egg prices so high, Dollar Tree pulls them from shelves completely
Eggs will make a return to Dollar Tree when prices fall.
Eggs will make a return to Dollar Tree when prices fall.
Virginia man wins lottery with 2 Powerball tickets in same drawing
Ben Baker bought a total of 10 tickets with two of them having the winning the numbers.
Ben Baker bought a total of 10 tickets with two of them having the winning the numbers.
Gas prices hold steady despite market turmoil: AAA
The national average cost for a gallon of gas held steady at $3.46, even as oil prices plunged to levels not seen since August 2021, AAA said.
The national average cost for a gallon of gas held steady at $3.46, even as oil prices plunged to levels not seen since August 2021, AAA said.
First Republic receives $30-billion rescue from 11 large banks
Meanwhile, Treasury Secretary Janet Yellen is firmly reassuring Congress and the nation that the U.S. banking system remains sound.
Meanwhile, Treasury Secretary Janet Yellen is firmly reassuring Congress and the nation that the U.S. banking system remains sound.
Egg prices still up 55% over last year despite slight reduction in February
In the CPI data, egg prices in February posted a 55% increase in the one-year span from the same month the prior year.
In the CPI data, egg prices in February posted a 55% increase in the one-year span from the same month the prior year.
Study shows women in DC make nearly $16K less than men
A new study from the Chamber of Commerce finds the median salary of women in D.C. is $15,978 less than the median salary of men.
A new study from the Chamber of Commerce finds the median salary of women in D.C. is $15,978 less than the median salary of men.