Shell profit doubles to record high as Russia-Ukraine war drives up energy costs

Shell is the latest oil company to report bumper profits even as the fossil fuel industry faces increasing pressure to cut climate-changing carbon emissions.

Fed raises rates 25 basis points in first meeting of 2023

The Federal Reserve announced a highly anticipated interest rate increase of 25 basis points at its February meeting. Here's what it means for your wallet.

Gig economy workers lose money during tax season through missed deductions, survey says

Many self-employed workers, especially the younger generation lose out on cost savings through missed tax deductions. Here's what gig workers should have their eye on to help save money on taxes or increase their tax return.

Another week of higher gas prices shows no signs of slowing: AAA

Gas prices continue to climb as demand grows and oil prices surge, according to the latest report from AAA. Drivers are also facing rising insurance costs in 2023.

Ford cuts price on Mustang Mach-E after Tesla trims prices

Ford is lowering the price of its electric SUV up to $6,000. The company says in a statement Monday that the price cuts are part of Ford’s plan to keep the SUV competitive in a fast-changing market.

Americans fear recession, but most believe their jobs are safe: Survey

Many Americans have a negative outlook on the economy, but say they didn't believe a downturn would impact their jobs, according to a new survey.

Vegas Strip resorts used vendor to fix hotel rates: Lawsuit

The average daily room rate for hotels on the Las Vegas Strip hit a high last year, topping $200 a night.

Amazon Prime ends free grocery delivery on orders under $150

Currently, the company offers members free grocery deliveries on orders above $35, with the exception of New York, where it’s $50.

Another week of declining mortgage rates fuels homebuyer demand:Freddie Mac

The average rate for a 30-year fixed-rate mortgage fell to 6.13% for the week ending Jan. 26, according to Freddie Mac's Primary Mortgage Market Survey.

Hasbro laying off 1,000 employees amid cost-savings push

The company well-known for Monopoly, Play-Doh, and My Little Pony toys says the layoffs are 15% of its global full-time workforce.

Bed Bath & Beyond can't pay creditors, bankruptcy looms

Bed Bath & Beyond said it can't pay debt that suddenly came due when credit administrator JPMorgan slapped the company with a notice of default and acceleration of payment. 

Tax refund would help many Americans pay for holiday spending: survey

Many Americans said an advance on their tax refund would help with holiday debt, according to a recent Jackson Hewitt Tax Service survey.

FTC warns of job scams amid recent layoffs in tech and other industries

Scammers may publish listings for nonexistent roles, create sham websites, or hold fake "online job interviews" for job hunters, according to the FTC.