Inflation surges in December to highest rate since 1982
Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.
Bank of America slashes fees for account overdrafts
Bank of America slashed the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.
Maya Angelou becomes 1st Black woman featured on US quarter
A new U.S. quarter featuring the late poet Maya Angelou went into circulation on Monday, the U.S. Mint announced.
IRS tax-filing season to kick off on Jan. 24
The tax-filing season will end a few days later than usual this year.
Arizona CEO's answer to 'Great Resignation' is offering $5K bonuses for new hires to quit
Chris Ronzio, CEO of software company Trainual, is offering a $5,000 bonus for new hires to quit after just two weeks into their new jobs.
Financial Tips To Save in 2022
Derrick Kinney is a financial expert and the host of "Good Money Podcast". He shares some moving-saving tips to kick off the new year.
December 2021 jobs report: US employers add 199K jobs, unemployment falls to 3.9%
The December 2021 jobs report showed U.S. employers added a modest 199,000 jobs, while the unemployment rate fell sharply.
Man who paid former employee's final paycheck in pennies gets sued by US Dept. of Labor
The repair shop boss in Georgia who paid a former employee in oil-soaked pennies dumped in his driveway with a vulgar note is being sued by the US Department of Labor.
More Macy’s stores will permanently close this year
Closures are part of ongoing plans to shutter 125 locations
Powerball: Winning tickets for $632.6M jackpot sold in California, Wisconsin
Two winning tickets for the $632.6 million Powerball jackpot were sold in California and Wisconsin. The winners will split the prize.
New tax rule requires PayPal, Venmo, Cash App to report annual business payments exceeding $600
Millions of small business owners who rely on payment apps like Venmo, PayPal and Cash App could be subject to a new tax law that just took effect this month.
Child tax credit 2021 payments: How to know if you owe, IRS letter to watch for
Families who received monthly payments as part of the expanded Child Tax Credit program in 2021 should look out for this letter from the IRS ahead of tax season.
Powerball jackpot climbs to $610 million
2022 comes with another shot at winning the massive Powerball lottery after no winners on Monday.
President Biden set to meet with farmers to discuss plans to reduce meat prices
President Joe Biden will meet with independent farmers and ranchers to discuss plans to reduce food prices by increasing competition within the meat industry.
Powerball jackpot rises to $522M after no winner in New Year's Day drawing
The jackpot has now climbed to an estimated $522 million and will be up for grabs again Monday night at 10:59 p.m. ET.
Virginia dad wins $1M jackpot while on chocolate milk run for kids
Dennis Willoughby stopped at a 7-Eleven store in Richmond to buy the drinks and to buy a $1 million Platinum Jackpot scratch-off ticket.
Social Security cost-of-living boost begins: What to know
Social Security recipients are set to see the highest cost-of-living increase in 40 years in 2022.
GasBuddy says $4 per gallon national average not out of the question in 2022
Gas price projections from GasBuddy say that $4 per gallon as a national average is a possibility for 2022, a signal that the economy is recovering from the pandemic.
Powerball jackpot grows to $441M after no top winner in Monday drawing
The Powerball jackpot is now at an estimated $441 million after no one won the Dec. 27 drawing.
Powerball jackpot climbs to $416 million ahead of Monday's drawing
The $416 million Powerball Jackpot, the game’s second most valuable grand prize of the year, is up for grabs again Monday night.