Michaels hiring 15K holiday employees ahead of busy retail season
Michaels says it's giving holiday hires more earning potential.
OPEC, allies cutting world oil supplies as prices fall
The move signals their unhappiness with crude oil prices that have dropped because of recession fears.
US hiring slowed in August as employers face high inflation, sluggish spending
The economy added 315,000 jobs last month, down from 526,000 in July and below the average gain of the previous three months.
Bed Bath & Beyond to close stores, lay off workers in attempt to reverse losses
Bed Bath & Beyond says that it will shutter stores and lay off workers in a bid to turn around its beleaguered business.
Consumer prices rise to 6.3% in July as inflation begins to ease a bit
A report released by the Commerce Department reveals that a decline in energy prices in July offered some relief amid high prices caused by inflation.
Student loan forgiveness: Biden unveils plan to cancel $10K in student debt
Biden unveiled a plan to provide $10,000 of federal student loan debt relief for borrowers who earn under $125,000 annually, and more for those with the greatest financial need.
Steak prices decline on waning demand
The cost of steak is on the decline while ground beef prices remain elevated as consumers adjust their protein preferences to escape soaring inflation.
FedEx Ground contractors demand inflation help to prevent delivery collapse: ‘Enormous financial stress’
Route Consultant founder reveals 100% of FedEx Ground drivers are contractors, not employees.
Massive rent hikes may finally be coming to an end, economist says
Rent prices are still at an all-time high for many tenants, but data shows asking rent prices have begun to slow.
More than 62% of Americans worried they can't pay rent: survey
The survey found rents of nearly 60% of residents increased in the past 12 months, while only 38% of people saw their wages increase.
Lowe’s to pay $55 million in bonuses for hourly frontline workers amid high inflation
Lowe’s gave seven similar bonuses after the pandemic began in 2020 and 2021.
This SoCal city has the 4th highest rent in the nation
Rent in this LA County city went up nearly 40% over the last year, with an average rent higher than Los Angeles and New York City.
What's in the Inflation Reduction Act? Health care, climate change goals become law
President Joe Biden arrived at the White House promising to “build back” America, and now he has signed into law legislation with a slimmer version of that idea.
Inflation Reduction Act: Biden signs massive climate and health care bill
President Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill, which includes the most substantial federal investment in history to fight climate change.
LA County gas prices drop for 60th consecutive day
The average price of a gallon of regular in LA County has dropped more than $1 since June 14.
Congress passes Dems' climate, health bill in triumph for Biden
Democrats have pushed their landmark climate and health care bill through Congress, handing an election-year victory to President Joe Biden.
Here’s how to find out if the Equifax credit error impacted you
An Equifax glitch has left thousands of consumers unsettled and worried about how the error could affect their credit scores and reports. If you bought a house or a car this spring, here’s what you need to know.
US inflation slips from 40-year peak but remains high at 8.5%
Consumer prices jumped 8.5% in July compared with a year earlier, the government said Wednesday, down from a 9.1% year-over-year jump in June.
Toys R Us opening in these California Macy's stores
Toys R Us has begun opening in-person shops inside a few Macy's stores across the United States, with at least three dozen of those stores in California.
This is how long it takes to go broke in California
It won't take you long to become broke if you live entirely off your savings in California, which ranked as the second-most broke state in the U.S.