IRS increases 401(k), other retirement plan contribution limits for 2025
The IRS has updated its eligibility thresholds and contribution limits for 401(k), IRA and other retirement accounts.
Plan to reduce Maple Avenue to 2 lanes has business owners, residents at odds
Business owners on Maple Avenue in Dallas are frustrated about a plan to reduce the number of traffic lanes from four to two. However, some residents in the area argue the change is needed.
Inflation gauge falls to lowest level in 3 1/2 years
Inflation has improved over the past two years after supply chains recovered from disruptions from the pandemic and the Federal Reserve raised its key interest rate.
Federal government offering grants to U.S. businesses in effort to reshore manufacturing
To combat future supply chain shortages, the U.S. government is incentivizing the private sector to invest and reshore manufacturing in the U.S.
Would a 4-day work week work in the US? CEOs are split
A new study highlighting the broad adoption of a shorter work week in Iceland is touting the program as a success. Experts weigh in on how a 4-day work week could impact the U.S.
Problem gambling grows along with revenue, study finds
With online gambling expanding across the U.S., new research reveals increasing gambling problems, sparking concerns for financial and mental health impacts.
Costco's 'Netflix moment': Analysts say card scanners are already paying off
Costco's introduction of membership card scanners at the front of stores is still rolling out, but the move is already paying off big for the wholesale club.
Spirit Airlines plans to sell planes, cut jobs
Spirit is reportedly in talks with Frontier Airlines about a potential merger.
Southwest settles proxy fight with hedge fund and reports smaller Q3 profit. American loses money
Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a monthslong fight with the hedge fund. The airline also says its third-quarter profit fell by nearly two-thirds compared with a year earlier on higher labor costs.
Social Security: It'll be harder to qualify for retirement benefits starting in 2025 — what to know
It will become slightly harder to qualify for Social Security benefits in retirement next year amid a change related to the value of a work "credit."
American Airlines fined $50M for damaging wheelchairs
American Airlines is facing a record fine for mishandling disabled passengers and damaging wheelchairs.
Half-built duplex in Dallas’ historic Elm Thicket neighborhood won't be torn down
Residents in a historic Dallas neighborhood made emotional pleas before learning that at least one of the half-built duplexes violating the city’s zoning law would be allowed to stay.
GM tries to ramp up demand for EVs at North Texas event
General Motors is doing what it can to get more people behind the wheel of electric vehicles, saying it is the mobility of the future.
Biden administration forgives $4.5 million in student debt for 60,000 borrowers
The Biden administration announced over $4 million in funding for borrowers who have met PSLF requirements.
Girl Scouts will raise yearly dues to $65 by 2027
The Girl Scouts of the USA voted to gradually increase membership dues from $25 to $45 in 2026, then again to $65 in 2027.
Buybuy Baby closing all stores, shifting to online-only in 'strategic reset'
Buybuy Baby is shuttering all of its stores roughly a year after new owners tried to revive the brand.
New Boeing proposal on table for striking WA workers
Boeing has a new offer for more than 33,000 workers who have been on strike since September 13. Voting takes place next week.
Girl Scouts may raise yearly dues by 240% amid declining membership
Some who are involved with the Girl Scouts worry the increase could price out middle class and financially struggling families.
Hardware wholesaler True Value files for bankruptcy, plans sale to rival
Wholesale hardware supplier True Value has filed for Chapter 11 bankruptcy and is planning to sell by the end of the year to rival Do It Best.
Major paint company to lay off 1,800 workers, close facilities
The company is cutting nearly 2,000 jobs in the U.S. and Europe as it undergoes a comprehensive cost reduction program. It's also selling its architectural business.