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.
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.
Cryptocurrency and taxes: IRS has watchful eye as trading increases, what to know
For this who traded cryptocurrency for the first time last year: take your tax prep seriously, professionals warn.
For this who traded cryptocurrency for the first time last year: take your tax prep seriously, professionals warn.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
Two winning tickets for the $632.6 million Powerball jackpot were sold in California and Wisconsin. The winners will split the prize.