Businesses affected by Baltimore Key Bridge collapse seek damages in court
A Baltimore publishing company has filed a class action claim arguing the owner and manager of the massive container ship that took down the Francis Scott Key Bridge last month should have to pay damages to businesses adversely impacted by the collapse.
How much money it takes to be 'rich' in America for 2024
A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.
New airline refund rules could lead to rising ticket prices, economist warns
This is welcome news for airline customer advocacy groups and passengers. But one North Texas economist believes the new federal mandate will end up costing consumers more in the end.
Bad service, no tip: Most Americans demand quality before tipping
A recent YouGov poll reveals that as tipping becomes an expected norm in increasingly varied sectors amid rising living costs, over half of Americans now express a growing resentment towards tipping, opting to leave no tip for subpar service.
These salaried workers are now eligible for overtime pay
The Biden administration's new rule significantly expands overtime pay eligibility to millions of salaried workers in the U.S., setting higher income thresholds and updating salary limits every three years.
'Doom spending' instead of home buying—how young people are spending their money
Amid inflation and climate concerns, younger generations, including Gen Z and millennials, are turning to "doom spending," buying luxuries as they find homeownership increasingly unaffordable.
Gen Z American details 'struggle to survive' in viral rant: 'I cannot afford to live'
Young American claiming to earn three times the federal minimum wage sounds off on the cost of living.
High inflation is costing Americans an extra $1K a month
Americans are now facing an additional financial burden of $1,069 per month due to high inflation compared to three years ago.
March inflation breakdown: What prices are rising the fastest?
Here is a breakdown of where Americans are seeing prices rising and falling the fastest as they continue to wrestle with sticker shock.
Is now the best time to buy a used car? Experts weigh in on post-pandemic pricing trends
“Buying a used car today is better than it has been in nearly four years," one expert says, but there are still some key things to know.
Inflation accelerates more than expected in March as high prices persist
The Labor Department has released its closely-watched report for March, showing inflation accelerated again for the third straight month.
America's top 1% has total net worth of $44 trillion
Recent Federal Reserve data reveals that America's wealthiest 1%, with assets exceeding $11 million, amassed a record $44.6 trillion in wealth by the end of the fourth quarter of 2023, with fluctuations observed based on geographical location.
Americans are still craving connection post-pandemic. The eclipse is creating that moment for us.
Millions of Americans are eager to socialize and make this eclipse a special moment – which includes splurging on the day, data shows.
HGTV stars share housing ‘hack’ for aspiring homeowners facing affordability issue
HGTV personalities Elizabeth and Ethan Finkelstein, who star in “Cheap Old Houses," spoke about their “house hack" of buying and restoring cheap historic homes.
Why are voters still frustrated with the economy? Blame home prices
As the presidential election approaches, voters are increasingly frustrated with the country's housing affordability crisis, which experts attribute to a shortage of homes for the growing population.
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.
Why are food prices so high despite inflation falling?
Even if the cost of groceries declines, researchers say it's harder to notice decreasing food prices when the overall cost of living remains steep.
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.
Baltimore bridge collapse will likely cause product shortages, supply chain manager warns
One expert said consumers could see price hikes to cover costs of rerouting shipments.
Three reasons why egg prices are so high ahead of Easter
Egg prices are reaching near-historic highs globally as Easter and Passover approach, reflecting market turbulence driven by disease, high demand, and rising costs for farmers.