FTC warns of job scams amid recent layoffs in tech and other industries

Scammers may publish listings for nonexistent roles, create sham websites, or hold fake "online job interviews" for job hunters, according to the FTC.

Microsoft outage hits Teams, Outlook and other services, company says

Thousands of users reported problems with Teams, Outlook, the Azure cloud computing service, and Xbox Live online gaming service early Wednesday.

3M cutting thousands of jobs, profits tumble

3M, the maker of Scotch Tape and Post It Notes, said it will cut 2,500 jobs globally after fourth-quarter profits plummeted amid a slowing economy.

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.

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.

Jeff Bezos might sell Washington Post to buy the Washington Commanders: report

Jeff Bezos, Amazon founder and owner of the Washington Post, could sell the newspaper and buy the Washington Commanders, according to a report in the New York Post.

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.

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.

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.

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.