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.
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.
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.
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.
California among top 3 states where most homes will cost at least $1 million by 2030: study
A new study revealed the U.S. states where houses will be the most (and least) expensive to buy in 2030.
Tesla employee laid off without warning tells of living in car at factory
Nico Murillo is the proud owner of a Tesla Model Y, mainly because he’s part of the team that built these cars at the factory in Fremont. But on April 15, his dream job would sound more like a nightmare: The 29-year-old is just one of the roughly 14,000 Tesla employees to be laid off since April.
Bud Light sales still suffering in US a year after controversy
Anheuser-Busch InBev's Bud Light brand has still not recovered in the U.S. more than a year since the beverage giant's controversial partnership with transgender influencer Dylan Mulvaney sparked a boycott of the beer.
Leaving California? You may still have to pay taxes
In some cases, California can even assess taxes no matter where you live.
Newsom talks California tourism numbers from top of Golden Gate Bridge
California remains the 5th largest economy in the world for the seventh consecutive year, and California’s per capita GDP is the second largest among large economies.
Interest rates not changing until inflation cools, Federal Reserve says
The Federal Reserve announced its decision to maintain its key interest rate at a two-decade high of roughly 5.3% amid ongoing concerns about high inflation.
Prices at California Chipotle, McDonald's and other fast-food chains are rising following minimum wage hike
Prices at California Chipotle have gone up 6% to 7% since California's new fast food minimum wage went into effect, the Wall Street Journal reported.
How much money it takes to be 'rich' in America for 2024
A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.
Bad service, no tip: Most Americans demand quality before tipping
A recent YouGov poll reveals that as tipping becomes an expected norm in increasingly varied sectors amid rising living costs, over half of Americans now express a growing resentment towards tipping, opting to leave no tip for subpar service.
These salaried workers are now eligible for overtime pay
The Biden administration's new rule significantly expands overtime pay eligibility to millions of salaried workers in the U.S., setting higher income thresholds and updating salary limits every three years.
'Doom spending' instead of home buying—how young people are spending their money
Amid inflation and climate concerns, younger generations, including Gen Z and millennials, are turning to "doom spending," buying luxuries as they find homeownership increasingly unaffordable.
These Express stores in California are closing
Express Inc. has filed for Chapter 11 bankruptcy protection, as the fashion retailer looks to sell the majority of its stores.
Express files for bankruptcy, announces store closures
Express filed for bankruptcy Monday and announced dozens of the fashion retailer’s stores would be closing.
Majority of student loan borrowers have delayed major life events due to debt, poll shows
According to the Gallup poll, 71% of respondents said they've delayed buying homes and purchasing cars over loan debt.
Quality of life in LA County is getting worse, residents say
Concerns over the high cost of living pushed the satisfaction of Los Angeles County residents back to its lowest-ever level, according to a recent UCLA study.