Consumers are piling on credit card debt, flashing signs of potential crisis
As Americans rack up record-high credit card debt after a year of soaring inflation and interest rate hikes, charge-offs are beginning to roll in at the start of a looming default crisis.
As Americans rack up record-high credit card debt after a year of soaring inflation and interest rate hikes, charge-offs are beginning to roll in at the start of a looming default crisis.
Is tipping getting out of control? Most consumers say yes
As more businesses adopt digital payment methods, consumers are prompted to leave a tip at places they typically wouldn’t. Some feel it has become more frustrating as the price of items has risen because of inflation.
As more businesses adopt digital payment methods, consumers are prompted to leave a tip at places they typically wouldn’t. Some feel it has become more frustrating as the price of items has risen because of inflation.
Gold and silver boom predicted as US hits debt ceiling, dollar devalues
Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.
Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.
Tax the rich? Liberals renew push for state wealth taxes
Supporters of taxes on the very rich contend that people are emerging from the COVID-19 pandemic with a bigger appetite for what they’re calling “tax justice.”
Supporters of taxes on the very rich contend that people are emerging from the COVID-19 pandemic with a bigger appetite for what they’re calling “tax justice.”
Google cutting 12,000 jobs as tech industry layoffs widen
Google has become the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.
Google has become the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.
US debt limit: US Treasury buys time for Biden and House GOP on deal
The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.
The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.
Party City files for bankruptcy protection amid rising prices
Party City is filing for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending.
Party City is filing for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending.
Netflix is hiring a flight attendant for one of its private jets—and the job pays up to $385,000
Job candidates can apply now for the role on the Netflix website for a chance to travel and earn a quality salary.
Job candidates can apply now for the role on the Netflix website for a chance to travel and earn a quality salary.
How inflation is changing the way people use payment apps
A recent survey by Forbes finds that some young adults are using payment apps to cover the costs of restaurant tabs, groceries, and rent.
A recent survey by Forbes finds that some young adults are using payment apps to cover the costs of restaurant tabs, groceries, and rent.
US inflation slows to 6.5% over past 12 months, easing some pressure
The softer readings add to growing signs that the worst inflation in four decades is gradually waning.
The softer readings add to growing signs that the worst inflation in four decades is gradually waning.
Biden: Easing inflation 'giving families some real breathing room'
Inflation eased to 6.5% in December compared with 12 months earlier.
Inflation eased to 6.5% in December compared with 12 months earlier.
Dungeness crab harvest delayed off Washington, Oregon coast
The key Dungeness crab harvest areas from Klipsan Beach, Washington, to Cape Falcon, Oregon, will not open until Feb. 1 because surveys found legal-sized males still lacked enough recoverable meat in their shells.
The key Dungeness crab harvest areas from Klipsan Beach, Washington, to Cape Falcon, Oregon, will not open until Feb. 1 because surveys found legal-sized males still lacked enough recoverable meat in their shells.
Biden, López Obrador, Trudeau show unity during summit, downplay tensions
President Joe Biden, Mexican President Andrés Manuel López Obrador and Canadian Prime Minister Justin Trudeau are seeking to downplay their frustrations with one another on migration and trade as they meet for the North American Leaders Summit.
President Joe Biden, Mexican President Andrés Manuel López Obrador and Canadian Prime Minister Justin Trudeau are seeking to downplay their frustrations with one another on migration and trade as they meet for the North American Leaders Summit.
Seattle man receives 10-month sentence in Fed's first-ever crypto insider trading case
The brother of a former Coinbase product manager was sentenced to 10 months in prison on Tuesday in what federal prosecutors have called the first insider trading case involving cryptocurrency.
The brother of a former Coinbase product manager was sentenced to 10 months in prison on Tuesday in what federal prosecutors have called the first insider trading case involving cryptocurrency.
Record number of Americans are paying $1000 a month or more for monthly car payments, data shows
More than 15% of consumers who financed a new vehicle toward the end of 2022 committed to paying more than $1,000 a month, the highest percentage ever recorded.
More than 15% of consumers who financed a new vehicle toward the end of 2022 committed to paying more than $1,000 a month, the highest percentage ever recorded.
FTC proposes rule banning noncompete clauses for workers
The Federal Trade Commission says the rule would open new job opportunities for 30 million Americans and raise wages by $300 billion a year.
The Federal Trade Commission says the rule would open new job opportunities for 30 million Americans and raise wages by $300 billion a year.
Record-high Social Security cost-of-living increase poised to kick in soon
Over 66 million Americans on social security are set to receive a record-high cost of living increase in 2023.
Over 66 million Americans on social security are set to receive a record-high cost of living increase in 2023.
Holiday sales increase 7.6% despite the squeeze of inflation
U.S. sales between Nov. 1 and Dec. 24, a period that is critical for retailers, were fueled by spending at restaurants and on clothing.
U.S. sales between Nov. 1 and Dec. 24, a period that is critical for retailers, were fueled by spending at restaurants and on clothing.
Here's how much pay Americans say they'd need to start a new job
A recent survey from the Federal Reserve Bank of New York reveals most people will hop to a new job for a starting salary a little over $73,000 a year.
A recent survey from the Federal Reserve Bank of New York reveals most people will hop to a new job for a starting salary a little over $73,000 a year.
Senate passes $1.7T spending bill to fund government, aid Ukraine
The Senate has passed a $1.7 trillion bill to finance federal agencies through September, aid Ukraine and provide assistance to communities recovering from hurricanes, floods and other natural disasters.
The Senate has passed a $1.7 trillion bill to finance federal agencies through September, aid Ukraine and provide assistance to communities recovering from hurricanes, floods and other natural disasters.