Should minimum wage be lower for workers who get tips? These 2 states will decide
The amount of money tipped workers make varies depending on the state. Currently, 14 states pay the federal minimum, or just above $2 an hour for tipped workers and $7 an hour for non-tipped workers.
A growing share of Gen Z adults don't think they'll retire: only 20% are saving for it
America's youngest adult generation is projected to live longer than previous generations, but few of them are preparing for a traditional retirement.
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
SEPTA hopes rate increase will ease financial burden
While SEPTA has seen an increase in ridership, they are still facing a budget shortfall and they are hoping that by increasing rates, they will make up the difference.
A closer look at how Trump's economic plan could impact inflation
Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.
Holiday spending projected to hit new record this year
Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.
Tax extension deadline on Oct. 15: What to know about filing late returns
For Americans who filed for a tax extension for the 2023 tax year, the deadline is on Tuesday, Oct. 15, 2024.
Some Social Security recipients will get two payments in November. Here's why
Those who receive Supplemental Security Income (SSI) will receive an additional check in November due to how the payment schedule is lined up.
Trump proposes 15% corporate tax to 'save' US auto industry; threatens 1,000% tariffs on imports
Trump said Detroit's auto industry was decimated 'as if by a foreign army.'
TD Bank to pay $3 billion in historic money-laundering settlement
The Justice Department reported that money laundering networks transferred hundreds of millions of dollars through TD Bank branches for years.
States with the highest student loan payments: Study
New Hampshire topped the list with an average student loan payment of $229 and both Arkansas and Mississippi ranked the lowest with $142.
Inflation reaches lowest point in 3 years; here's what prices came down most
The improved inflation stats show that it’s steadily moving back to the Federal Reserve’s 2% target, with the agency likely to keep cutting its standard interest rate in 2024.
Social Security COLA 2025: Recipients to receive 2.5% increase next year
The cost-of-living adjustment, or COLA, was announced on Thursday. Here’s what to know.
HBO filmmaker believes he found bitcoin's creator, whose identity has been unknown
The identity of bitcoin's inventor has been a mystery, but the creator of a new HBO documentary believes he may have uncovered the person's identity.
Study: Nearly half of Americans are still paying off debt from last holiday season
The holiday shopping season has kicked off, but it can also bring along financial challenges.
Here’s how much money is needed to be considered middle class in every state
Income levels required to be considered middle-class varied significantly depending on where a person lived, according to the new study.
Some Pyrex buyers could be eligible for a refund from the FTC
Thousands of people who purchased Pyrex measuring cups may be eligible for refunds from the Federal Trade Commission (FTC).
Bill Gates no longer among 10 wealthiest billionaires in the world: Here’s who made list
This is the first time Bill Gates has fallen out of the world’s top ten richest people since 1991.
Will the election impact your 401(k)? Here’s what to know
Election years can raise anxiety about the future – including your retirement savings.
Disneyland announces $50 kids ticket offer for limited time only
The special ticket offer is valid for visits Jan. 7 to Mar. 20, 2025.