IRS warns thousands of taxpayers could face criminal prosecution for filing false returns
The IRS warned on Tuesday that thousands of taxpayers could face criminal prosecution if they filed false tax returns for high refunds.
$3 million may be paid to private student loan borrowers ignored by servicer – Here's who is impacted
A student loan servicer may be on the hook for ignoring borrowers' requests for payment reduction on loans held by the National Collegiate Student Loan Trusts following a CFPB enforcement action.
California sees uptick in minimum wage violations
Last year alone, there was a 56% increase in violations, affecting nearly 1.5 million workers across California's four major metro areas - Los Angeles, San Diego, San Francisco, and San Jose.
Walmart laying off hundreds of employees, relocating many remote workers
Walmart is laying off hundreds of employees at its campus offices, as well as relocating many remote employees. Here’s what to know.
Ippei Mizuhara, Shohei Ohtani's ex-interpreter, pleads not guilty
The former interpreter for Los Angeles Dodgers star Shohei Ohtani entered a plea of not guilty.
Red Lobster reportedly closing dozens of US restaurants: See the closure list
Red Lobster has closed at least 48 locations across the U.S. as the seafood restaurant chain faces financial trouble, according to a restaurant liquidator who is holding an online auction.
Top summer jobs for teens and how much they pay
Teens have various summer job options, from camp counselor to lifeguard, with opportunities to earn significant wages, as employers plan to add 1.3 million jobs for teenagers this season, according to financial experts.
Melinda French Gates to resign from the Gates Foundation
Melinda French Gates announced Monday that she is stepping down from the Bill & Melinda Gates Foundation.
What is ‘ghost debt’? Buy now, pay later plans more popular than ever
A new form of debt looping a lot of Americans is being referred to as “ghost debt” or “phantom debt” – stemming from the popular buy now, pay later apps.
US regulators investigate credit card rewards 'bait and switch' schemes
U.S. authorities have already taken action against American Express and Bank of America in a "bait and switch" credit card rewards investigation.
Drake lists $88 million Beverly Hills estate amid Kendrick Lamar beef
Drake's fancy $88 million Beverly Hills mansion has hit the market. The timing is curious it comes in the wake of his ongoing feud with Kendrick Lamar.
Reports: McDonald's planning $5 meal deal to win back customers
McDonald's is reportedly introducing a $5 meal deal in an effort to attract customers deterred by recent price increases.
Newsom plans to slash 10,000 vacant state jobs to help close $27.6 billion deficit
California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he’s proposing cutting 10,000 vacant state jobs and suspending some widely used business tax deductions.
Planet Fitness hiking new membership prices for first time since 1998
Planet Fitness is raising its membership prices following a period of market testing and weaker financial performance, while also planning to test higher prices for its premium Black Card membership amidst a challenging economic environment.
More Americans to qualify for Social Security under new SNAP rule
The Social Security Administration has expanded the definition of a public assistance household to include SNAP recipients, broadening eligibility and potentially increasing benefits for more Americans.
California among top 3 states where most homes will cost at least $1 million by 2030: study
A new study revealed the U.S. states where houses will be the most (and least) expensive to buy in 2030.
Highest-paying jobs right out of school revealed
A new analysis has revealed the highest-paying jobs right out of school, with several engineering roles making the list.
Social Security fund gains extra year of solvency – benefits will begin to be reduced in 2035
Social Security trust funds will not run out of money until 2035, at which point Seniors can expect their benefits to be reduced by 17% unless Congress takes steps to shore up the program.
Tesla employee laid off without warning tells of living in car at factory
Nico Murillo is the proud owner of a Tesla Model Y, mainly because he’s part of the team that built these cars at the factory in Fremont. But on April 15, his dream job would sound more like a nightmare: The 29-year-old is just one of the roughly 14,000 Tesla employees to be laid off since April.
Ippei Mizuhara, Shohei Ohtani's former translator, to plead guilty to bank fraud
Ippei Mizuhara has aggreged to plead guilty to bank fraud, for stealing nearly $17 million from his former friend, MLB star Shohei Ohtani.