'Doom spending' instead of home buying—how young people are spending their money

Amid inflation and climate concerns, younger generations, including Gen Z and millennials, are turning to "doom spending," buying luxuries as they find homeownership increasingly unaffordable.

FTC announces rule banning noncompetes for workers nationwide

The FTC's landmark decision banning noncompetes marks a pivotal step towards enhancing economic competition and empowering workers to pursue new opportunities with greater freedom and flexibility.

These Express stores in California are closing

Express Inc. has filed for Chapter 11 bankruptcy protection, as the fashion retailer looks to sell the majority of its stores.

Express files for bankruptcy, announces store closures

Express filed for bankruptcy Monday and announced dozens of the fashion retailer’s stores would be closing.

How often does the IRS audit?

While the IRS accepts most tax returns, there are certain mistakes to avoid that may prompt the agency to take a closer look at your documents.

Here are the major U.S. restaurant chains that have disappeared

These restaurants of your childhood were iconic, until they weren't. Several well-known chains – some decades old – have faced tough times that resulted in bankruptcy.

Biden announces a fresh round of $7.5 billion in student loans canceled

The latest round of cancellations targets $7.4 billion of student loans for 277,000 borrowers, the Department of Education said in a statement.

Google fires 28 workers after anti-Israel protests at company offices

The fired Google employees were protesting Project Nimbus, a $1.2 billion joint contract to provide cloud services for the Israeli government.

Supreme Court makes it easier to sue employers for job transfers

Workers who are transferred from one job to another against their will can now more easily sue their employers for job discrimination, even when they are not demoted or docked pay.

Red Lobster reportedly considering filing for bankruptcy

Red Lobster is reportedly considering filing for bankruptcy to relieve financial pressures that have weighed on the company.

Your Social Security COLA increase could be bigger than expected next year

Social Security recipients are on track to receive a cost-of-living adjustment (COLA) next year that is bigger than previously expected after inflation accelerated for the third month in a row.

Many student loan borrowers missing opportunity to find debt relief in SAVE plan: survey

Roughly 3 in 4 borrowers who make $75,000 or less annually and would benefit from the SAVE plan are not currently enrolled in the plan, a recent Student Debt Crisis Center (SDCC) survey said.

The 25 best cities for buyers on a budget: Zillow

For buyers seeking affordability, Zillow's study shows the 25 most affordable areas throughout the country.

‘Kitchen appreciation’ fee? Restaurant diners still facing hidden surcharges

Hidden fees at restaurants have become increasingly common for diners in recent years, while restaurants grapple with higher food prices, increased labor costs and more.

High inflation is costing Americans an extra $1K a month

Americans are now facing an additional financial burden of $1,069 per month due to high inflation compared to three years ago.