Consumers paying more as inflation hits 40 year high
Inflation has increased at its fastest pace since the 1980s, according to a new report by the US Labor Department.
US Army offering $50K bonuses to recruits amid ongoing COVID-19 pandemic
The U.S. Army, for the first time, is offering a maximum enlistment bonus of $50,000 to highly skilled recruits who sign up for six years.
US shoppers 'astounded' by thinning grocery store supplies: 'It's just empty shelves'
"It's like a Soviet store during 1981. It's horrible," one man said.
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 cuts overdraft fees
Bank of America is slashing 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.
IRS tax-filing season to kick off on Jan. 24
The tax-filing season will end a few days later than usual this year.
Front-line workers lost savings during pandemic shutdowns, study shows
Americans added almost $4 trillion dollars to their savings accounts, but almost all of it went to the wealthiest 20 percent, according to a new economic study.
National Championship could lead to more NIL deals for Georgia players
While pride is on the line between the Dawgs and the Alabama Crimson Tide, this is the first season that winning it all could also lead to more endorsement deals for players.
Powerball winning numbers for Wednesday, January 5, 2022; $630M jackpot
Here are the winning Powerball numbers for Wednesday, January 5, 2022. The Powerball jackpot has climbed to an estimated $630 million, the seventh-largest jackpot in the game’s history.
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.
Getting out of debt is a top New Year's resolution, study finds
Most consumers are considering a financial New Year's resolution, according to a recent study from Fidelity. Keep reading to learn how you can meet your financial goals in 2022.
Families are using the child tax credit to pay off debt, Census Bureau finds
Eligible households have been using the monthly payment to supplement household spending and pay off debt, data shows. But the future of the child tax credit hangs in the balance as the Biden administration struggles to pass the Build Back Better bill, which would extend the benefit through 2022.
Refinance rates rise: 20- and 15-year terms emerge as best bargains | Jan. 4, 2022
Check out the mortgage refinancing rates for Jan. 4, 2022, which are up from yesterday.
Today's mortgage rates surge: Buyers should act ahead of further increases | Jan. 4, 2022
Check out the mortgage rates for Jan. 4, 2022, which are trending up from yesterday.
$29,000 for an average used car? Would-be buyers are aghast
The days when just about anyone with a steady income could wander onto an auto lot and snag a reliable late-model car or buy their kid’s first vehicle for a few thousand dollars have essentially vanished. “I’ve never seen anything remotely close to this — it’s craziness.”
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.