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? Many consumers say yes

Some fed-up consumers are posting rants on social media complaining about tip requests at drive-thrus, while others say they’re tired of being asked to leave a gratuity for a muffin or a simple cup of coffee at their neighborhood bakery.

Best place to retire? This state just beat Florida, according to a new study

WalletHub compared the 50 states across 47 key indicators of retirement-friendliness including affordability, health-related factors and overall quality of life.

Microsoft invests billions in artificial intelligence startup OpenAI

The tech giant described its new agreement as the third stage of a growing partnership with San Francisco-based OpenAI that began with a $1 billion investment in 2019.

Parents urged to cut up these recalled kids’ color-in pajamas

The recalled pajamas from Selfie Craft Company came in a variety of 26 designs and were sold widely online and in boutiques.

Major Social Security trust funds could be tapped out by 2033: CBO

Social Security spending is trending upward as the proportion of Americans at or above retirement age has increased relative to the active workforce.

First-time homebuyer? See the typical weather you can expect in the top 10 best markets

Several qualities make a town attractive, including affordability, livability and where it might be easier for young buyers to break into the housing market. But have you ever considered what the typical weather looks like?

US farm group calls for probe of high egg prices

The price of eggs has skyrocketed, adding to the overall impact inflation is having on American consumers.

Justice Department investigating Abbott baby formula plant

Abbott's Michigan plant's closure in February 2022 was a key cause of a nationwide baby formula shortage that forced parents to seek formula from food banks, friends and doctor’s offices.

National sales tax: What’s behind some House Republicans’ proposal

Chatter of a 30% national sales tax being proposed by Republicans has taken over the internet in recent days. Here’s a look at the proposal.

USDA cracks down on 'organic fraud' in food with new regulations

For the first time since 1990, the USDA is strengthening its organic food regulations in the U.S. with new rules that aim to prevent fraud and protect the agency’s trusted organic seal.

Mortgage rates fall to lowest level since September

The average rate on a 30-year fixed mortgage fell to 6.15% on Thursday from 6.33% last week, according to mortgage buyer Freddie Mac. A year ago, the average rate was 3.56%.

Amazon shutting down AmazonSmile charity program amid wider cost-cutting moves

The program will end on February 20, and it allowed Amazon to donate a small percentage of eligible purchases to a charity selected by customers.