Fed holds interest rates steady, projects just one cut this year
The Federal Reserve on Wednesday held interest rates steady for the seventh straight time and scaled back the outlook for rate reductions later this year as high inflation lingers.
2 California Lottery players win combined $28 million
The lucky $5.4 million Powerball ticket was sold in Burbank, while the winning SuperLotto ticket was sold in Northridge, according to officials.
Here's who's hiring teens this summer – and which jobs pay the most
Young workers account for about a third of all new hires each June. Here's which jobs hire the most teens – and which ones pay the most.
More than a quarter of Americans admit to skipping meals due to skyrocketing grocery costs: Report
26% of respondents claimed they purchased unhealthy foods for themselves or their families because of inflation.
Blaze Pizza relocating California headquarters
LeBron James-backed chain Blaze Pizza is relocating its Pasadena headquarters to Atlanta two months after the state increased the minimum wage for fast food workers to $20 back in April.
US gas prices are falling — here's why, states with the cheapest gas
Gas prices are falling across the U.S, AAA says. Here’s what states have the lowest average prices per gallon, and what’s expected this summer at the pump.
Soaring insurance rates drive auto insurance shopping rates higher: report
Shopping rates for new auto insurers climbed in January and February 2024, rebounding from a dip in the previous quarter.
Nearly two-thirds of middle-class Americans say they're 'struggling financially': poll
A majority of middle-class Americans are “struggling financially” and expect that to continue for the rest of their lives, according to a new poll.
Here's who gets tipped the most and least, survey says
Here’s a look at who is getting tipped the most and least in 2024, based on a new survey about the tipping habits among adults in the U.S.
Has tipping gone too far? 1 in 3 Americans think so
A new survey shows that many Americans have a negative view about tipping culture. Here’s a look where consumers are tipping at in 2024.
Here's how California's median income compares to the rest of the country
WalletHub, a personal finance website, just released its list of states where people have the highest income in 2024.
CEOs got big raises last year; workers didn't
The typical compensation package for S&P 500 chief executives surged nearly 13% last year to a median of $16.3 million, significantly outpacing the 4.1% rise in private-sector worker wages, highlighting the widening pay gap amid rising inflation and financial pressure on American households.
Ippei Mizuhara pleads guilty in $17M case
The ex-interpreter had exploited his personal and professional relationship with Shohei Ohtani to plunder millions from the two-way player?s account for years.
The 10 cheapest new cars in 2024
Nissan, Kia, Hyundai and Mitsubishi dominate Cars.com's list of the cheapest new cars.
Child care costs are now rising at twice the rate of inflation, report finds
“The child care crisis, which was simmering prior to the pandemic, has come to a boil," the new report stated.
Orange juice makers consider using alternative fruit as prices skyrocket
Orange juice makers are getting squeezed by high prices
Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac
The average 30-year fixed-rate mortgage was 7.03% for the week ending May 30, according to Freddie Mac's latest Primary Mortgage Market Survey.
Social Security recipients will get one less payment in June – here's why
Here's why some Social Security recipients will miss a payment in June.
IRS’ free Direct File program to become permanent, expand to more states
The IRS’ Direct FIle, a free online tool that allows taxpayers to file directly to the agency, will expand starting in the 2025 tax season.
Q1 GDP revised down on lackluster consumer spending
Real GDP increased at an annual rate of 1.3% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate.