Dow hits 40,000 for first time

The Dow Jones Industrial Average crossed 40,000 for the first time ever Thursday as investors celebrated solid earnings and a slight easing of consumer inflation last month. 

$3 million may be paid to private student loan borrowers ignored by servicer – Here's who is impacted

A student loan servicer may be on the hook for ignoring borrowers' requests for payment reduction on loans held by the National Collegiate Student Loan Trusts following a CFPB enforcement action.

California sees uptick in minimum wage violations

Last year alone, there was a 56% increase in violations, affecting nearly 1.5 million workers across California's four major metro areas - Los Angeles, San Diego, San Francisco, and San Jose.

Walmart laying off hundreds of employees, relocating many remote workers

Walmart is laying off hundreds of employees at its campus offices, as well as relocating many remote employees. Here’s what to know.

Red Lobster reportedly closing dozens of US restaurants: See the closure list

Red Lobster has closed at least 48 locations across the U.S. as the seafood restaurant chain faces financial trouble, according to a restaurant liquidator who is holding an online auction.

Top summer jobs for teens and how much they pay

Teens have various summer job options, from camp counselor to lifeguard, with opportunities to earn significant wages, as employers plan to add 1.3 million jobs for teenagers this season, according to financial experts.

Melinda French Gates to resign from the Gates Foundation

Melinda French Gates announced Monday that she is stepping down from the Bill & Melinda Gates Foundation.

What is ‘ghost debt’? Buy now, pay later plans more popular than ever

A new form of debt looping a lot of Americans is being referred to as “ghost debt” or “phantom debt” – stemming from the popular buy now, pay later apps.

US regulators investigate credit card rewards 'bait and switch' schemes

U.S. authorities have already taken action against American Express and Bank of America in a "bait and switch" credit card rewards investigation.

Drake lists $88 million Beverly Hills estate amid Kendrick Lamar beef

Drake's fancy $88 million Beverly Hills mansion has hit the market. The timing is curious it comes in the wake of his ongoing feud with Kendrick Lamar.

Reports: McDonald's planning $5 meal deal to win back customers

McDonald's is reportedly introducing a $5 meal deal in an effort to attract customers deterred by recent price increases.

Newsom plans to slash 10,000 vacant state jobs to help close $27.6 billion deficit

California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he’s proposing cutting 10,000 vacant state jobs and suspending some widely used business tax deductions.

Planet Fitness hiking new membership prices for first time since 1998

Planet Fitness is raising its membership prices following a period of market testing and weaker financial performance, while also planning to test higher prices for its premium Black Card membership amidst a challenging economic environment.

More Americans to qualify for Social Security under new SNAP rule

The Social Security Administration has expanded the definition of a public assistance household to include SNAP recipients, broadening eligibility and potentially increasing benefits for more Americans.

Highest-paying jobs right out of school revealed

A new analysis has revealed the highest-paying jobs right out of school, with several engineering roles making the list.