California tenants: Your rent could increase up to 10% starting Aug. 1; here's why

Heads up, California renters - Aug. 1 marks the day landlords across the state are permitted to hike up rent by as much as 10%. Here's what you need to know.

How to recession-proof your life

If you think a recession could destabilize your finances, here are some things you can do to prepare.

Man opens up about leaving teaching for better-paying Walmart job

The 28-year-old man said the chance to move up without getting an advanced degree was one of the motivating factors for him to leave the education field.

What's in, and out, of Democrats' climate, health care and inflation bill

Here’s a look at the Democrats' "Inflation Reduction Act of 2022" as it stands after Senate Majority Leader Chuck Schumer and holdout Sen. Joe Manchin reached a deal.

US economy enters technical recession after growth tumbles 0.9% in the second quarter

Recessions are technically defined by two consecutive quarters of negative economic growth and are characterized by high unemployment, low or negative GDP growth, falling income and slowing retail sales.

Manchin says deal reached with Schumer on tax and climate bill

In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin have reached an expansive agreement that had eluded them for months on health care, energy and climate issues, taxes on higher earners and corporations and trimming the federal debt.

Fed hikes interest rate by 0.75 percentage points in bid to curb inflation

The Federal Reserve raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.

President Biden weighs extending student loan payment pause beyond August 31

The White House said that President Biden is deliberating whether to extend the pause on federal student loan payments beyond Aug. 31 and forgive a portion of student debt per borrower.

Ventura County has the most severe housing shortage in the US: study

The Oxnard-Thousand Oaks-Ventura metro area ranked first as experiencing the worst housing shortage in the United States, beating out Los Angeles, San Francisco, New York, and other big metros across the country.

US new home sales drop to lowest level in 2 years

New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.

IRS working to increase audit rates for high-earning Americans

The IRS announced it will begin increasing audit rates for high-earning Americans making more than $100,000 a year.

Fed set to impose another big rate hike to fight inflation

Federal Reserve Chairman Jerome Powell Wednesday will address the Fed's plans to raise interest rates until inflation falls, even if it possibly slows economic growth.

LEGO raises prices, citing supply chain issues

Though prices are going up, a study published in 2020 found that most LEGO sets appreciate in value by 11% per year.

US inflation reached 9.1% in June, a new 40-year high

U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.