Social Security fund gains extra year of solvency – benefits will begin to be reduced in 2035
Social Security trust funds will not run out of money until 2035, at which point Seniors can expect their benefits to be reduced by 17% unless Congress takes steps to shore up the program.
Social Security trust funds will not run out of money until 2035, at which point Seniors can expect their benefits to be reduced by 17% unless Congress takes steps to shore up the program.
BetterHelp customers notified of refunds from $7.8M data sharing settlement
BetterHelp is issuing refunds to customers as part of a $7.8 million settlement over allegations that it shared sensitive health data with advertisers.
BetterHelp is issuing refunds to customers as part of a $7.8 million settlement over allegations that it shared sensitive health data with advertisers.
High-end California market Erewhon selling ice balls for $32
Erewhon Market in Los Angeles has sparked debate and attention with its new $32 bag of specialty ice, a product that aligns with the store's reputation for premium-priced items like $20 raw milk and $19 smoothies.
Erewhon Market in Los Angeles has sparked debate and attention with its new $32 bag of specialty ice, a product that aligns with the store's reputation for premium-priced items like $20 raw milk and $19 smoothies.
Slaughterhouse cleaning company fined $649K for child workers, some as young as 13
Federal investigations found 24 children, some as young as 13, doing “dangerous" work at slaughtering and meat packing facilities in Iowa and Virginia.
Federal investigations found 24 children, some as young as 13, doing “dangerous" work at slaughtering and meat packing facilities in Iowa and Virginia.
Visa and Mastercard lawsuit: Businesses urged to claim their share in $5.5B settlement
A $5.5 billion antitrust settlement with Visa and Mastercard offers potential payouts to businesses who accepted their cards between 2004 and 2019.
A $5.5 billion antitrust settlement with Visa and Mastercard offers potential payouts to businesses who accepted their cards between 2004 and 2019.
Tax refunds left unclaimed from 2020 will expire later this month
The IRS says about a billion dollars in unclaimed tax refunds from 2020 will expire later this month.
The IRS says about a billion dollars in unclaimed tax refunds from 2020 will expire later this month.
Mortgage rates push higher with no relief in sight: Freddie Mac
The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.
The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.
More homebuyers are paying discount points as interest rates continue to rise
Borrowers with lower credit scores and FHA loans often turn to discount points more frequently than other groups.
Borrowers with lower credit scores and FHA loans often turn to discount points more frequently than other groups.
Rue21 files for bankruptcy, will close all stores
Another teen clothing retailer that's been a mall staple for years is shuttering all its stores.
Another teen clothing retailer that's been a mall staple for years is shuttering all its stores.
The unemployment rate barely rose, but only 175,000 jobs were added in April
The unemployment rate barely budged, rising to 3.9% while just 175,000 jobs were added.
The unemployment rate barely budged, rising to 3.9% while just 175,000 jobs were added.
Americans paid slightly more for fuel this week as gas prices rose by a few cents, on average
Fuel costs didn't go up by much this week due to low oil prices and a lull in demand.
Fuel costs didn't go up by much this week due to low oil prices and a lull in demand.
Art Institutes borrowers to get student debt cancellation, Biden says
The president and Education Secretary Miguel Cardona described the Art Institutes as "predatory" and said the new handouts would help students who were victims of their actions.
The president and Education Secretary Miguel Cardona described the Art Institutes as "predatory" and said the new handouts would help students who were victims of their actions.
What do higher-for-longer interest rates mean for your money?
Americans will be forced to adapt to a new normal where savers benefit from higher rates, but borrowers face steeper debt payments on everything from credit cards to mortgages to student loans.
Americans will be forced to adapt to a new normal where savers benefit from higher rates, but borrowers face steeper debt payments on everything from credit cards to mortgages to student loans.
Jim's Steaks back open
Jim's South, known as Jim's Steaks, reopened after a fire nearly destroyed the business in 2022.
Jim's South, known as Jim's Steaks, reopened after a fire nearly destroyed the business in 2022.
Father-daughter ironworker duo champion the rise of vocational learning
Vocational enrollment is up among younger Americans, and one nurse-turned-union ironworker thinks it's a good opportunity for students to secure their futures.
Vocational enrollment is up among younger Americans, and one nurse-turned-union ironworker thinks it's a good opportunity for students to secure their futures.
Biden's new student loan forgiveness plan would cost an extra $84 billion: report
Biden has proposed a plan B student loan forgiveness proposal that would cost taxpayers an extra $84 billion, a recent Penn Wharton analysis said.
Biden has proposed a plan B student loan forgiveness proposal that would cost taxpayers an extra $84 billion, a recent Penn Wharton analysis said.
Many Americans spend more than 30 percent of their take-home pay on a mortgage: survey
Homebuyers ready to take the plunge in today's housing market have had to sink a bigger portion of their paychecks into mortgage payments and make significant cuts to everyday spending, a recent survey said.
Homebuyers ready to take the plunge in today's housing market have had to sink a bigger portion of their paychecks into mortgage payments and make significant cuts to everyday spending, a recent survey said.
How 'endless shrimp' may have ended Red Lobster
Red Lobster faces potential bankruptcy after its "Ultimate Endless Shrimp" promotion, designed to boost customer traffic with its low price point, led to substantial financial losses and failed to improve the company's bottom line.
Red Lobster faces potential bankruptcy after its "Ultimate Endless Shrimp" promotion, designed to boost customer traffic with its low price point, led to substantial financial losses and failed to improve the company's bottom line.
How much money it takes to be 'rich' in America for 2024
A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.
A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.
More newlyweds opting for a 'mini-moon'– here's why
The need for fun and relaxation after the wedding day is leading more newlyweds to choose shorter getaways as an alternative to traditional honeymoons.
The need for fun and relaxation after the wedding day is leading more newlyweds to choose shorter getaways as an alternative to traditional honeymoons.