More Americans live paycheck to paycheck, report finds
A report found 166 million consumers in the US fall into that category.
Bed Bath & Beyond closing 87 additional stores. Here’s the list of locations
The latest store closings are impacting the struggling retailer as it considers its options, including possibly filing for bankruptcy.
Mall of America launches membership program where shoppers can earn points
The Mall of America has launched a membership program that will reward shoppers every time they spend money at the Bloomington megamall.
Exxon earns record profits in 2022 with surge in energy prices
Exxon raked in over $12 billion in profits to raise its annual net income to a staggering $55.7 billion.
Walmart trying out more 'upscale' stores with launch of new designs, upgrades
The retailer has renovated nearly 1,000 stores with the redesigns, and several have recently opened.
Hasbro laying off 1,000 employees amid cost-savings push
The company well-known for Monopoly, Play-Doh, and My Little Pony toys says the layoffs are 15% of its global full-time workforce.
Chipotle looks to hire 15,000 people in US amid continuing labor shortage
Other chains, including Taco Bell and Starbucks, are also looking for workers.
U.S. economy showed solid growth, but slowdown expected in coming months
The resilience of the U.S. job market has been a major surprise, but analysts say the good times for America’s workers aren’t likely to last.
Manchin introduces bill to delay tax credits for electric vehicles
Tax credits for electric vehicles are a key feature of President Joe Biden's landmark climate law.
Consumers are piling on credit card debt, flashing signs of potential crisis
As Americans rack up record-high credit card debt after a year of soaring inflation and interest rate hikes, charge-offs are beginning to roll in at the start of a looming default crisis.
Is tipping getting out of control? Most consumers say yes
As more businesses adopt digital payment methods, consumers are prompted to leave a tip at places they typically wouldn’t. Some feel it has become more frustrating as the price of items has risen because of inflation.
Gold and silver boom predicted as US hits debt ceiling, dollar devalues
Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.
Google cutting 12,000 jobs as tech industry layoffs widen
Google has become the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.
US debt limit: US Treasury buys time for Biden and House GOP on deal
The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.
Minnesota's unemployment rate increased to 2.5%, remains near an all-time low
The jobless rate has ticked up for five straight months, though it remains near an all-time low.
Party City files for bankruptcy protection amid rising prices
Party City is filing for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending.
Netflix is hiring a flight attendant for one of its private jets—and the job pays up to $385,000
Job candidates can apply now for the role on the Netflix website for a chance to travel and earn a quality salary.
How inflation is changing the way people use payment apps
A recent survey by Forbes finds that some young adults are using payment apps to cover the costs of restaurant tabs, groceries, and rent.
US inflation slows to 6.5% over past 12 months, easing some pressure
The softer readings add to growing signs that the worst inflation in four decades is gradually waning.
Biden: Easing inflation 'giving families some real breathing room'
Inflation eased to 6.5% in December compared with 12 months earlier.