Monthly child tax credit to stop this weekend: What families should know
Millions of families who received a monthly payment from the IRS through the expanded child tax credit are facing their first month since July without cash from the federal program, even as inflation soars to the highest level in a generation.
Navient cancels $1.7 billion in student loans following settlement
Navient, a major student loan servicing company, has settled allegations of abusive lending practices for $1.85 billion.
Harbor Commission extends possible fee on lingering containers through April
Delayed eight times already, the Harbor Commission voted 5-0 to extend the Container Dwell Fee through April 29.
LA city attorney warns of price gouging COVID test kits amid omicron surge
Amid reports of extremely expensive at-home COVID- 9 test kits being sold in Los Angeles, City Attorney Mike Feuer reminded the public to beware of price gouging and report the crime.
US Army offering $50K bonuses to recruits amid ongoing COVID-19 pandemic
The U.S. Army, for the first time, is offering a maximum enlistment bonus of $50,000 to highly skilled recruits who sign up for six years.
Inflation surges in December to highest rate since 1982
Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.
US Transportation Secretary Buttigieg visiting ports of LA, Long Beach Tuesday
For the eighth time, the ports of Los Angeles and Long Beach announced they're delaying implementing fees on companies whose import containers linger near ports.
Maya Angelou becomes 1st Black woman featured on US quarter
A new U.S. quarter featuring the late poet Maya Angelou went into circulation on Monday, the U.S. Mint announced.
Bank of America cuts overdraft fees
Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.
IRS tax-filing season to kick off on Jan. 24
The tax-filing season will end a few days later than usual this year.
Arizona CEO's answer to 'Great Resignation' is offering $5K bonuses for new hires to quit
Chris Ronzio, CEO of software company Trainual, is offering a $5,000 bonus for new hires to quit after just two weeks into their new jobs.
More Macy’s stores will permanently close this year
Closures are part of ongoing plans to shutter 125 locations
Powerball: Winning tickets for $632.6M jackpot sold in California, Wisconsin
Two winning tickets for the $632.6 million Powerball jackpot were sold in California and Wisconsin. The winners will split the prize.
Powerball winning numbers for Wednesday, January 5, 2022; $630M jackpot
Here are the winning Powerball numbers for Wednesday, January 5, 2022. The Powerball jackpot has climbed to an estimated $630 million, the seventh-largest jackpot in the game’s history.
New tax rule requires PayPal, Venmo, Cash App to report annual business payments exceeding $600
Millions of small business owners who rely on payment apps like Venmo, PayPal and Cash App could be subject to a new tax law that just took effect this month.
'I've never seen prices like this before': Butcher says meat prices are up 40%
The Consumer Price Index says meat prices have gone up 13% over the last year, but one local butcher says it's even worse than that, saying prices have gone up closer to 40%.
Child tax credit 2021 payments: How to know if you owe, IRS letter to watch for
Families who received monthly payments as part of the expanded Child Tax Credit program in 2021 should look out for this letter from the IRS ahead of tax season.
'Great Resignation' highlighted with record number of Americans quitting jobs in Nov. 2021
FOX 11's Hal Eisner looks into reasons why so many people are submitting their two-week notices.
Powerball jackpot climbs to $610 million
2022 comes with another shot at winning the massive Powerball lottery after no winners on Monday.
Getting out of debt is a top New Year's resolution, study finds
Most consumers are considering a financial New Year's resolution, according to a recent study from Fidelity. Keep reading to learn how you can meet your financial goals in 2022.