With taxes due in 2 weeks, here's how to file a tax extension

The deadline to file your taxes is April 15, but if you don’t know if you’ll be ready in time, these are the steps to file a tax extension.

Minimum wage vs. tipped wage: State-by-state comparison

Most fast food workers in California are set to be paid a minimum of $20 per hour under a new law that starts Monday. Here is a look at how that compares to other minimum wages across the country.

Final fourth quarter GDP revised upwards as consumer spending rises

The final estimate for real gross domestic product (GDP) in the fourth quarter of 2023 was revised upwards, showing that the U.S. economy grew.

Jobless claims drop to 210,000, GDP outperforms
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First time unemployment claims dropped to 210,000 this month. US GDP also slightly outperformed estimates.

Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison

FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for a cryptocurrency fraud that a prosecutor has described as one of the biggest financial frauds in U.S. history.

EV maker slashes prices as it tries to avoid bankruptcy

California-based electric vehicle startup Fisker slashed the prices of some of its vehicles as it fights to avoid bankruptcy after a potential deal with another automaker fell through. 

Sam Bankman-Fried to be sentenced
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Former crypto mogul Sam Bankman-Fried, facing the potential of decades in prison, waited to hear his fate Thursday as a sentencing proceeding began in a New York court to assess the penalty for his role in the 2022 collapse of FTX, once one of the world's most popular platforms for trading digital currency.

401(k) hardship withdrawals increase as inflation stays high

A record number of Americans are dipping into their retirement savings accounts for financial emergencies amid ongoing high inflation.

Renting is cheaper than buying real estate: report
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A new study from Realtor.com shows renters can save more money than buyers in Phoenix due to elevated interest rates.

Visa, Mastercard agree to settlement over swipe fees with merchants

The settlement reached between U.S. merchants and Visa and Mastercard could potentially save consumers tens of billions of dollars.

Boeing CEO to step down
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A major shakeup is underway at Boeing, as the company?s CEO announced he will be stepping down at the end of the year. The planemaker?s board chairman, as well as the CEO of its commercial airplanes division, are also stepping down. This comes as the company is dealing with a number of safety issues involving its 737 MAX airliner.

Housing benefits could lure employees back to office, survey shows

Many companies are facing the ongoing dilemma of office versus remote work four years after the pandemic, with a new survey highlighting housing benefits as a potential solution.

Gas prices rise as spring season approaches: AAA

Although demand is down, gas prices are still rising due to an increase in oil prices.

Boeing CEO Dave Calhoun to step down

Boeing President and CEO Dave Calhoun announced on Monday morning that he is stepping down as CEO at the end of the year.