Fed raises key interest rate by half a point, signals more to come

The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.

Americans say holiday gifts harder to afford

More than half of U.S. adults say it’s harder to afford the holiday gifts they want to give this year.

US alleges Bankman-Fried defrauded FTX cryptocurrency customers, investors

Samuel Bankman-Fried, 30, was arrested Monday in the Bahamas at the request of the U.S. government, which charged him with eight criminal violations.

These US states are raising minimum wage in 2023, with 4 above $15

More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour.

Still missing your tax refund? The IRS will soon pay you 7% interest

Taxpayers still waiting to receive their 2021 tax refund will soon be paid 7% interest on the money by the IRS – but the money is taxable.

DoorDash to cut 1,250 corporate jobs after COVID-19 pandemic hiring surge

Delivery company DoorDash is eliminating more than 1,200 corporate jobs, about 6% of its total workforce, saying it hired too many people when demand for its services increased during the COVID-19 pandemic.

House passes bill to avert railroad strike, impose deal on unions

If an agreement wasn't reached before a Dec. 9 deadline, the unions threatened to strike -- which would have devastating effects on the U.S. economy.

Inflation relief checks going to residents in these states. See if you qualify

With inflation running near the highest level in 40 years, Republican and Democratic leaders in some states are offering stimulus payments to residents.

Biden asks Congress to block potential railroad strike

President Joe Biden is calling on Congress to pass legislation to intervene and block a railroad strike before next month’s deadline in the stalled contract talks.

Cryptocurrency exchange FTX owes over $3B to creditors

Bahamas-based FTX filed for bankruptcy on Nov. 11 after the exchange acknowledged that it had used customer funds to cover bad bets by Bankman-Fried's trading arm, Alameda Research.

Student loan forgiveness: What to know if you've applied for relief

President Joe Biden’s plan to provide up to $20,000 in federal student loan forgiveness has been blocked by two federal courts. So what happens now?

Texas mother shares secrets to making $5 dinners every night

As inflation has driven up food prices by 10% this year, Erin Chase, author of 5 Dollar Dinners shares her secrets to saving on groceries.