Social Security checks to increase by 5.9% in 2022 as inflation jumps

The Social Security COLA amounts to $92 a month for the average retired worker, according to estimates released by the Social Security Administration.

Social security annual cost-of-living set to increase in 2022

Rising inflation is expected to lead to a sizeable increase in Social Security’s annual cost-of-living adjustment, or COLA, for the year 2022.

Companies hard-pressed for holiday staff despite millions of job openings

Companies that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they’ll find all the workers they need.

Americans quit jobs at highest rate on record in August, Labor Department says

One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.

Some consumers to spend more post-pandemic, including on home improvements, survey finds

More than a quarter of Americans who plan to increase their post-pandemic spending want to take on a home improvement project, according to a new survey. Here are some ways to pay for renovations.

Nobel prize for economics awarded to 3 in US for societal research

The 2021 Nobel prize for economics on Monday was awarded to three U.S-based economists for work on so-called “natural experiments.”

September jobs report: US adds weak 194K jobs as delta maintains hold

U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy.

Debt ceiling: Deal reached with GOP on short-term fix, Schumer says

A debt ceiling deal that would temporarily raise the limit through December has been reached with Republicans, Senate Majority Leader Chuck Schumer said.

Kroger seeks to fill 20,000 positions ahead of holiday season

Kroger is looking to fill 20,000 positions across the nation in an effort to prepare for the holiday season even as widespread labor shortages continue.

Student loan forgiveness: 550K borrowers to benefit from program overhaul

A change to the Public Service Loan Forgiveness program will immediately make 22,000 borrowers eligible to get loans canceled, U.S. officials said.

Senate confirms new CFPB director who believes government 'must do more to cancel student debt'

New CFPB director Rohit Chopra has spoken extensively about his stance on student loan forgiveness and higher education reform. Here's how your student loans may be impacted by his confirmation.