Nobel economics prize awarded to former Fed chair Ben Bernanke, 2 other Americans
The Nobel Prize winners’ research took on great real-world significance when investors sent the financial system into a panic during the fall of 2008.
Mega Millions jackpot climbs to $445M ahead of Tuesday’s drawing
If the jackpot is won, lottery officials said it would be the 12th largest jackpot in the game’s 20-year history.
Another month of solid US hiring suggests more big Fed hikes
America’s employers slowed their hiring in September but still added 263,000 jobs, a solid figure that will likely keep the Federal Reserve on pace to keep raising interest rates aggressively to fight persistently high inflation.
Americans changing holiday travel plans due to inflation, survey finds
Over the holidays, many Americans are opting for fewer days of travel, cheaper accommodations, and shorter distances due to rising costs, a recent survey found.
Judge delays Twitter trial, gives Elon Musk more time to seal $44 billion buyout
A judge has delayed a looming trial between Twitter and Elon Musk.
Mortgage activity hits 25-year low as rates rise
The Federal Reserve's strategy of raising interest rates in an attempt to fight sky-high inflation is sending mortgage rates higher, impacting home buyers.
Parents can still claim their expanded child tax credit by Nov. 15, 2022 — here's how
Qualifying families who didn’t file a 2021 tax return still have until mid-November 2022 to claim their remaining Child Tax Credit funds and can use this simple tool.
‘Unnecessary’ work meetings waste productivity and money, survey finds
But will bosses listen and cut back on meetings?
More couples are asking wedding guests to help buy a home, experts say
The wedding experts at Zola.com (http://zola.com/) said they’ve seen the number of couples asking for housing-related funds double since 2019.
The Great Resignation: How much does it cost to quit your job?
Quitting your job without a new one lined up is a daunting task, and will cost each person differently. Here are some tips for figuring out your number.
Biden signs stopgap bill, averting government shutdown
President Joe Biden has signed into law a bill that finances the federal government through mid-December and provides another infusion of military and economic aid to Ukraine.
King Charles III's coin designs unveiled by UK's Royal Mint
Britain’s Royal Mint has unveiled the first coins to feature the portrait of King Charles III.
Peloton, Dick's Sporting Goods partner to sell equipment
The deal, announced Thursday, marks the exercise and equipment company's latest bid to broaden its market share and become more profitable ahead of the holiday season.
Senate OKs stopgap to avert government shutdown, send aid to Ukraine
Congress is moving quickly to avoid a government shutdown. The Senate on Thursday passed a short-term spending bill that would finance federal agencies into mid-December.
Fewer people request US unemployment benefits amid solid hiring, high inflation
Applications for unemployment benefits last week saw their lowest number of claims since April. If the number continues to drop, the Federal Reserve could raise interest rates higher than it plans to slow the economy.
Costco CFO says hot dog combo price might remain $1.50 forever
Costco CFO Richard Galanti said the company's gas and travel sectors allowed the company to make up for loss at the food court.
CBO: Biden's student loan cancellation plan to cost $400B
The Biden administration previously estimated the plan would cost about $24 billion a year over the next 10 years.
Dick's Sporting Goods announces plans to hire up to 9,000 for holidays
A slew of companies have already announced their seasonal hiring plans.
New rule will reveal 'true cost' of airline tickets, White House says
President Joe Biden plans to announce a new initiative that would eventually allow consumers to see a more complete price on airline tickets before they buy them.
Butter shortage drives up prices ahead of holiday baking season
The average price of butter in August jumped 24.6% compared to a year ago, U.S. labor statistics show. Here’s what is driving the increase.