Child tax credit: How to receive up to $3,600 per child, who’s eligible for it

Millions of Americans who've never filed a tax return will need to do so this year to claim what's coming to them under the enhanced child tax credit.

Will customers be hit with higher prices when LA's minimum wage increases?

FOX 11's Hal Eisner spoke with hourly-waged workers to hear their thoughts on LA's plan to raise the minimum wage to $16.04 an hour this summer.

Minimum wage in Los Angeles will soon increase to $16

Mayor Eric Garcetti announced that beginning July 1, the minimum wage will increase from $15 to $16.04 per hour.

Starbucks to raise menu prices to offset inflation

The Seattle-based coffee franchise had already raised prices — once in October 2021 and December 2021 — but inflation woes and labor issues have forced the company to hike prices once again.

Valentine's Day 2022: Spending expected to near $24B

More than half of U.S. consumers are planning to celebrate Valentine's Day despite rising inflation.

Rare US silver dollar coin sold for $12M by Las Vegas man

GreatCollections Coin Auctions bought a rare silver dollar coin from a Las Vegas man for $12 million with experts saying the coin dates back to 1794.

Federal Reserve plans to raise interest rates as soon as March

The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in reversing its pandemic-era low-rate policies that have fueled hiring and growth but also escalated inflation.

Michigan woman collects $3M lottery prize after checking spam folder

Laura Spears, 55, said she saw the e-mail that she had won the prize while looking for a missing e-mail in her spam folder.

IRS: Tax-filing season begins on Monday

Tax filing season begins Monday and the IRS is advising you to file as soon as possible.

Unemployment claims climb to 286,000, the most since October

Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid-October, the Labor Department reported Thursday.

French fry shortage blamed on winter weather

An iconic restaurant brand says some of its Asian stores are limiting customer’s fry orders due to the ongoing supply chain and recent weather issues in southwestern Canada.

US to allow teens to drive semi-trucks in test apprenticeship program

The U.S. is starting a test program to let 18-to-20-year-olds drive big rigs from state to state. Currently, truckers who cross state lines must be at least 21.

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.