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.

CEO pays new hires $5,000 to resign after 2 weeks

The CEO of a software company is paying new hires $5,000 to quit their job after two weeks in an effort to retain top talent.

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.

Dealing with holiday debt hangover
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Credible.com's Dan Roccato checks in with some advice on dealing with debt you may have accrued over the holidays.

Man who paid former employee's final paycheck in pennies gets sued by US Dept. of Labor

The repair shop boss in Georgia who paid a former employee in oil-soaked pennies dumped in his driveway with a vulgar note is being sued by the US Department of Labor.

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.

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.

Jury finds Elizabeth Holmes guilty of fraud and conspiracy

Former Theranos CEO Elizabeth Holmes was convicted on four counts of fraud and conspiracy Monday, ending a lengthy trial that has captivated Silicon Valley.

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.

US home prices surged nearly 19% in October as market continues to boom

U.S. home prices surged again in October as the housing market continues to boom in the wake of last year’s coronavirus recession.

Year-end tax tips: Ways to prepare, maximize refund, and more

2021 is coming to an end, which means it’s almost time to file your taxes. Here are some expert tips on ways to prepare and possibly maximize your refund.