IRS to waive $1 billion in penalties for millions of taxpayers – here’s who qualifies

Nearly 5 million people, businesses and tax-exempt organizations — most making under $400,000 per year — will be eligible for the relief starting this week, the IRS said.

Family mistakenly buys $10K in Disney+ gift cards thinking they were good for purchases in theme parks

A Midwest family’s Walt Disney World vacation almost took a very disappointing turn after they realized $10,000 worth of gift cards they purchased for the trip were not actually for the park.

These are the most affordable cities to buy a home in 2024: Realtor.com

Realtor.com released the top 100 ranking metros for 2024, including affordable markets in the Northeast and Midwest such as Toledo, Ohio, and Rochester, New York, alongside several Southern California markets.

Biden forgives another $4.8 billion in federal student loan debt, but alternative relief plan hits a snag

The Biden administration has forgiven a total of $132 billion in federal student loans for more than 3.6 million Americans, and all of it has bypassed the need for congressional approval.

Holiday debt hangover poised to be 'particularly nasty' this year, analyst says

While retail sales are strong, an industry economist is warning about about an uptick in usage for buy now, pay later services as consumers battle growing debt obligations.

Costco sold $100 million in gold bars last quarter

CFO Richard Galanti said in September that the gold bars are 'typically gone within a few hours.'

Gas prices on downward slide, further price drops likely: AAA

A downward trend in national gas prices persists ahead of holiday travel. Tepid demand and a low cost for oil are bringing drivers relief at the pump, according to AAA.

Fed decides no interest rate bump in December, indicates cuts ahead

The Federal Reserve announced a third interest rate pause during its December meeting on Wednesday, still leaving the federal funds rate at a 22-year high of 5.25% to 5.5%.

12 percent of retired Americans plan to return to the workforce in 2024: survey

Some 12% of Americans said they planned to work again in the New Year, with 61% citing rising costs as the reason, a recent Resume Builder survey said.

Author James Patterson gives $500 bonuses to hundreds of independent bookstore employees

James Patterson, one of the world’s most popular and prolific writers, has given millions of dollars to booksellers, librarians and teachers over the years. "Booksellers save lives," he said.

Philadelphia leaders look to increase wages, add businesses to grow city’s economy in 2024

From bringing back businesses to tackling the lack of minority homeowners, Philadelphia City Councilmembers met Tuesday to discuss the economic growth and projections for the city ahead 2024.

Here's who may qualify for $10,000 in student debt relief under Biden's new forgiveness plan

The Biden administration has taken the next step toward its plan B for student loan forgiveness after the U.S. Supreme Court struck down its first debt forgiveness attempt.

These world tours brought in the most money in 2023, according to Pollstar

You may be able to guess Taylor Swift and Beyoncé with their headline-dominating concert tours this year, but three others rounded out the top five highest-grossing world tours of 2023.

Gas prices dip lower, an early present for travelers this holiday season: AAA

The national average for a gallon of gas resumed its gradual decline amid falling oil prices. If oil prices stay low, drivers can anticipate a continued drop in pump prices, AAA said.

MacKenzie Scott reveals groups that got some of her $2.1 billion in gifts in 2023

Philanthropist MacKenzie Scott gave $2.1 billion in donations since November 2022, she said in an online post, bringing her total reported giving to more than $16 billion since 2019.