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Money

News related to money, savings and the economy.

California stands to lose $278 billion without undocumented workers: report

California stands to lose $278 billion without undocumented workers: report

A new report has found that the economic impact of the federal government’s mass deportations in California could result in a loss of more than $278 billion for the Golden State.

June 17, 2025 2:25pm PDT
Trump tariffs likely to raise appliance prices, experts say

Trump tariffs likely to raise appliance prices, experts say

Prices for major appliances jumped in May, and new tariffs backed by President Donald Trump are expected to push them even higher as manufacturers face rising costs for foreign-made materials.

June 13, 2025 6:59pm PDT
Map: States with the best and worst tippers in 2025

Map: States with the best and worst tippers in 2025

On average, more than 55% of food budgets are spent on food eaten away from home, including full-service restaurants, fast food, bars, hotels and vending machines.

June 12, 2025 10:03am PDT
Paramount slashes jobs as streaming wars intensify

Paramount slashes jobs as streaming wars intensify

Paramount said it is focused on "reducing our headcount in finance, legal, technology and other support functions."

June 11, 2025 1:28pm PDT
Father's Day spending expected to spike to $24 billion this year, report finds

Father's Day spending expected to spike to $24 billion this year, report finds

Father’s Day spending is set to hit a record $24B this year, according to a new survey. Here’s what shoppers are buying.

June 11, 2025 10:26am PDT
Inflation rose slightly in May, offset by cheaper gas and travel fares

Inflation rose slightly in May, offset by cheaper gas and travel fares

The latest figures suggest tariffs haven’t impacted prices yet, but economists say that could change in coming months.

June 11, 2025 8:41am PDT
By the numbers: Here are the changes proposed to the food stamp program

By the numbers: Here are the changes proposed to the food stamp program

President Trump's "big, beautiful" spending bill would likely cut 3.2 million people from the SNAP food stamp program, the Congressional Budget Office estimated.

June 11, 2025 7:14am PDT
Joann, Macy's, other store closures part of a 274% spike in retail layoffs in 2025

Joann, Macy's, other store closures part of a 274% spike in retail layoffs in 2025

DOGE efforts are the leading reason for job cut announcements in 2025.

June 9, 2025 3:38pm PDT
Supreme Court gives DOGE access to millions of Americans’ private Social Security data

Supreme Court gives DOGE access to millions of Americans’ private Social Security data

The Supreme Court ruled in favor of the Trump administration, allowing its Department of Government Efficiency to access Social Security data once restricted by federal privacy law.

June 6, 2025 2:18pm PDT
Michaels completes purchase of fabric seller Joann’s brands

Michaels completes purchase of fabric seller Joann’s brands

Michaels has acquired Joann’s brands, including Big Twist yarn, after Joann's bankruptcy. Here’s what we know.

June 6, 2025 2:04pm PDT
US layoffs spike nearly 50% as DOGE-driven cuts take center stage

US layoffs spike nearly 50% as DOGE-driven cuts take center stage

Employers have announced nearly 80,000 planned hires in 2025 so far, though that's a historically low pace compared with recent years.

June 6, 2025 9:24am PDT
Buy now, pay later under scrutiny as Klarna reports rising defaults

Buy now, pay later under scrutiny as Klarna reports rising defaults

Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high. Here’s what’s behind the trend and what it means for financial health.

June 5, 2025 3:44pm PDT
Procter & Gamble cutting up to 7,000 jobs amid tariffs, consumer uncertainty

Procter & Gamble cutting up to 7,000 jobs amid tariffs, consumer uncertainty

Procter & Gamble, the maker of Tide detergent and Pampers diapers, says it will cut up to 7,000 jobs over the next two years.

June 5, 2025 8:22am PDT
Trump doubles steel, aluminum tariffs: What that means for you

Trump doubles steel, aluminum tariffs: What that means for you

The increased tariff hike on steel and aluminum are likely to impact consumers and companies financially given that many products like refrigerators and washing machines are made using these metals.

June 4, 2025 6:17am PDT
Tipping culture is "out of control," more Americans say in annual poll

Tipping culture is "out of control," more Americans say in annual poll

Tip creep? A majority of U.S. adults said they have a negative view of tipping, according to a 2025 survey. Here's who typically gets the most – and least – tips.

June 4, 2025 5:14am PDT
Trump's 'big, beautiful' bill is a 'disgusting abomination,' Elon Musk now says

Trump's 'big, beautiful' bill is a 'disgusting abomination,' Elon Musk now says

Elon Musk has strongly criticized President Donald Trump’s sweeping tax-and-spending bill, calling it a “disgusting abomination" and urging lawmakers to reject it.

June 3, 2025 2:26pm PDT
These are the best housing markets for first-time homebuyers in 2025

These are the best housing markets for first-time homebuyers in 2025

Looking to buy your first home? A Texas city is topping the 2025 list of best markets for new homebuyers.

June 3, 2025 11:00am PDT
Price of eggs has dropped 61% since Trump took office, data shows

Price of eggs has dropped 61% since Trump took office, data shows

Egg prices in the United States plunged from all-time highs amid bird flu losses and increased imports.

June 2, 2025 11:28am PDT
Surge in steel tariffs could threaten Trump promise of lower grocery prices

Surge in steel tariffs could threaten Trump promise of lower grocery prices

President Donald Trump has announced a 50% tariff on imported steel and aluminum, raising concerns about rising costs on a wide range of consumer goods, especially groceries.

June 2, 2025 7:47am PDT
IRS tax refund: Here's when you can expect your payment

IRS tax refund: Here's when you can expect your payment

If you have already filed your tax return, here’s what you need to know about the payment status and filing deadlines.

June 2, 2025 7:31am PDT
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Live updates: World Cup Draw

2025 Holiday Shipping Deadlines: USPS, FedEx, UPS important dates to remember

2025 Holiday Shipping Deadlines: USPS, FedEx, UPS important dates to remember

Stimulus payment December 2025, IRS direct deposit relief payment & tariff dividend fact check

Stimulus payment December 2025, IRS direct deposit relief payment & tariff dividend fact check

SCOTUS will allow Texas to use redrawn congressional map for 2026 election

SCOTUS will allow Texas to use redrawn congressional map for 2026 election

DC pipe bomber arrest: FBI takes man into custody over bombs planted before Jan. 6

DC pipe bomber arrest: FBI takes man into custody over bombs planted before Jan. 6

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Bulldozers move into Marina del Rey encampment after months of complaints

Bulldozers move into Marina del Rey encampment after months of complaints

Pastor at a church in Torrance accused of trying to meet with minor for sex

Pastor at a church in Torrance accused of trying to meet with minor for sex

Simi Valley doctor and wife gunned down in driveway by their own son, police say

Simi Valley doctor and wife gunned down in driveway by their own son, police say

'Kissing Club' assaults on 8-year-old hidden by LA's elite Sierra Canyon School, lawsuit claims

'Kissing Club' assaults on 8-year-old hidden by LA's elite Sierra Canyon School, lawsuit claims

Prominent California farming mogul's wife found dead in Arizona amid divorce battle

Prominent California farming mogul's wife found dead in Arizona amid divorce battle

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