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Money

News related to money, savings and the economy.

IRS promises more audits of wealthy taxpayers, better customer service

IRS promises more audits of wealthy taxpayers, better customer service

IRS officials pledge not to raise audit rates on small businesses and households making under $400,000 annually. A new report from the agency says most of the money for the program is to pursue high-wealth individuals and companies.

April 7, 2023 5:47am PDT
Virgin Orbit to layoff 85% of their workforce

Virgin Orbit to layoff 85% of their workforce

The City of Long Beach, where their headquarters are located, will host a series of in-person and virtual Rapid Response Sessions to help those laid off.

April 6, 2023 3:19pm PDT
Most Americans don’t know these financial solutions could help lower their tax burden: survey

Most Americans don’t know these financial solutions could help lower their tax burden: survey

Only 2% of Americans can correctly identify financial solutions with tax advantages, despite one in three saying they prioritize investments that would help them pay less in taxes either now or in the future, a recent Lincoln Financial Group survey said.

April 6, 2023 11:34am PDT
Today’s best mortgage deal? 10- and 15-year terms hit lowest rates | April 6, 2023

Today’s best mortgage deal? 10- and 15-year terms hit lowest rates | April 6, 2023

Check out the mortgage rates for April 6, 2023, which are mixed from yesterday.

April 6, 2023 9:08am PDT
Billionaires Bezos, Musk slide in Forbes World's Richest list

Billionaires Bezos, Musk slide in Forbes World's Richest list

The world's richest person saw their wealth jump by $53 billion in the past year.

April 6, 2023 6:56am PDT
These are February's hottest housing markets

These are February's hottest housing markets

Thirteen of the top 20 hottest home markets in February had median listing prices below the national median, the report from Realtor.com said.

April 5, 2023 3:23pm PDT
Renter resources available after LA eviction moratorium ends

Renter resources available after LA eviction moratorium ends

Los Angeles' eviction moratorium ended last week after nearly three years, but there are still city resources available to help protect renters from wrongful eviction.

April 5, 2023 1:59pm PDT
Today’s mortgage rates remain below 6 percent | April 5, 2023

Today’s mortgage rates remain below 6 percent | April 5, 2023

Check out the mortgage rates for April 5, 2023, which are trending down from yesterday.

April 5, 2023 12:41pm PDT
As inflation persists, Americans choosing money over love, staying in relationships for financial dependency

As inflation persists, Americans choosing money over love, staying in relationships for financial dependency

A new survey found nearly a quarter of coupled Americans reported staying in their current relationships due to financial dependency.

April 5, 2023 9:50am PDT
LeBron James, Tiger Woods become first billionaire athletes while still playing

LeBron James, Tiger Woods become first billionaire athletes while still playing

For the first time, two active athletes have made Forbes' sports billionaires list.

April 5, 2023 4:29am PDT
These states' student loan forgiveness plans would work even if Biden's fails

These states' student loan forgiveness plans would work even if Biden's fails

With the jury still out on Biden's student loan forgiveness, some states are stepping up their plans, a recent report by The Pew Charitable Trusts said.

April 4, 2023 11:50am PDT
Today’s mortgage rates drop below 6 percent | April 4, 2023

Today’s mortgage rates drop below 6 percent | April 4, 2023

Check out the mortgage rates for April 4, 2023, which are trending down from yesterday.

April 4, 2023 10:48am PDT
Social Security cuts could be coming soon — here's who will be affected

Social Security cuts could be coming soon — here's who will be affected

A recent government report suggests that Social Security funds face a long-term financial crunch that could mean some benefits get cut sooner for retirees.

April 4, 2023 5:24am PDT
Social Security cuts could be coming soon — here's who will be affected

Social Security cuts could be coming soon — here's who will be affected

The Social Security program is expected to run dry within a decade as a result of slower economic growth — and today's youngest retirees could be among the first in the nation to see benefit cuts.

April 3, 2023 9:54pm PDT
Feds seize $66.4M in cryptocurrency linked to LA investment scams

Feds seize $66.4M in cryptocurrency linked to LA investment scams

Feds in LA seized $66.5 million in cryptocurrency which were all linked to an investment scam commonly called "pit butchering."

April 3, 2023 8:09pm PDT
Today’s mortgage rates hold firm. 15-year are lowest at 5.5 percent | April 3, 2023

Today’s mortgage rates hold firm. 15-year are lowest at 5.5 percent | April 3, 2023

Check out the mortgage rates for April 3, 2023, which are mostly unchanged from last Friday.

April 3, 2023 1:21pm PDT
Homebuyers find opportunity in declining mortgage rates: Freddie Mac

Homebuyers find opportunity in declining mortgage rates: Freddie Mac

The average rate for a 30-year fixed-rate mortgage dropped to 6.32% for the week ending March 30, according to Freddie Mac's Primary Mortgage Market Survey.

April 3, 2023 8:54am PDT
Texas woman pays off $70K in debt in just two years by 'cash stuffing'

Texas woman pays off $70K in debt in just two years by 'cash stuffing'

Jasmine Taylor of Amarillo, Texas, saved money by using the "cash stuffing" method — allowing her to pay off debt in just two years. Here's how she did it successfully.

April 3, 2023 4:32am PDT
McDonald's temporarily shuts US offices, prepares layoff notices: report

McDonald's temporarily shuts US offices, prepares layoff notices: report

McDonald's said in an internal email last week to U.S. employees and some international staff that they should work from home from Monday through Wednesday, so it can deliver staffing decisions virtually, the report said.

April 2, 2023 5:31pm PDT
These California cities have the cheapest homes

These California cities have the cheapest homes

There are three California counties where the average home value is less than $350,000.

April 2, 2023 10:36am PDT
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2025 Holiday Shipping Deadlines: USPS, FedEx, UPS important dates to remember

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

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Yelp’s No. 1 ramen spot for 2025 is in Los Angeles: See the list

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In-N-Out lines in Tennessee are so long there's now an app to track wait times

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2 girls killed in fire at home in Murrieta

2 girls killed in fire at home in Murrieta

California restaurants open on Christmas Eve, Christmas Day in 2025

California restaurants open on Christmas Eve, Christmas Day in 2025

FBI charges 4 in New Year's Eve bombings plot in Los Angeles

FBI charges 4 in New Year's Eve bombings plot in Los Angeles

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