FTC proposes rule banning noncompete clauses for workers
The Federal Trade Commission says the rule would open new job opportunities for 30 million Americans and raise wages by $300 billion a year.
The Federal Trade Commission says the rule would open new job opportunities for 30 million Americans and raise wages by $300 billion a year.
Amazon to cut 18,000 jobs, largest amount of layoffs in company's history
The majority of job cuts will mostly impact the company's brick-and-mortar stores, which include Amazon Fresh and Amazon Go.
The majority of job cuts will mostly impact the company's brick-and-mortar stores, which include Amazon Fresh and Amazon Go.
Arizona raises minimum wage by $1.05, but will it help? An economic expert weighs in
Some small businesses in Arizona say they've already been paying above minimum wage despite the state raising it by $1.05 this year so that they can retain good employees.
Some small businesses in Arizona say they've already been paying above minimum wage despite the state raising it by $1.05 this year so that they can retain good employees.
Record-high Social Security cost-of-living increase poised to kick in soon
Over 66 million Americans on social security are set to receive a record-high cost of living increase in 2023.
Over 66 million Americans on social security are set to receive a record-high cost of living increase in 2023.
Biggest news stories of 2022: Supreme Court, Russia-Ukraine top headlines
It was another turbulent year in the U.S. and across the globe.
It was another turbulent year in the U.S. and across the globe.
Holiday sales increase 7.6% despite the squeeze of inflation
U.S. sales between Nov. 1 and Dec. 24, a period that is critical for retailers, were fueled by spending at restaurants and on clothing.
U.S. sales between Nov. 1 and Dec. 24, a period that is critical for retailers, were fueled by spending at restaurants and on clothing.
IRS delays new tax-reporting rule on Venmo, PayPal payments over $600
The controversial reporting rule on payments over $600 will not go into effect this year.
The controversial reporting rule on payments over $600 will not go into effect this year.
Here's why eggs prices are so high
A dozen extra-large eggs in Midwestern grocery stores are costing roughly $5 wholesale.
A dozen extra-large eggs in Midwestern grocery stores are costing roughly $5 wholesale.
Here's how much pay Americans say they'd need to start a new job
A recent survey from the Federal Reserve Bank of New York reveals most people will hop to a new job for a starting salary a little over $73,000 a year.
A recent survey from the Federal Reserve Bank of New York reveals most people will hop to a new job for a starting salary a little over $73,000 a year.
Senate passes $1.7T spending bill to fund government, aid Ukraine
The Senate has passed a $1.7 trillion bill to finance federal agencies through September, aid Ukraine and provide assistance to communities recovering from hurricanes, floods and other natural disasters.
The Senate has passed a $1.7 trillion bill to finance federal agencies through September, aid Ukraine and provide assistance to communities recovering from hurricanes, floods and other natural disasters.
US home sales drop again in November but prices are rising
Existing home sales fell 7.7% last month from October to a seasonally adjusted annual rate of 4.09 million, the National Association of Realtors said.
Existing home sales fell 7.7% last month from October to a seasonally adjusted annual rate of 4.09 million, the National Association of Realtors said.
Treasury department delays electric vehicle tax credit changes
The Treasury Department has pushed the issuance of guidance for new electric vehicle tax credit rules from January to March as it continues to develop them.
The Treasury Department has pushed the issuance of guidance for new electric vehicle tax credit rules from January to March as it continues to develop them.
Unemployment benefits and Obamacare subsidies outpace median income in several states, study finds
The labor force participation rate was 62.1% last month, notably lower than the 63.4% mark it was at before the coronavirus pandemic struck the United States in March 2020.
The labor force participation rate was 62.1% last month, notably lower than the 63.4% mark it was at before the coronavirus pandemic struck the United States in March 2020.
Rising car repossessions trend warning sign for economy, report says
The number of car repossessions across the United States is on the rise and expected to continue into the new year. Some industry experts say it is a sign of the economy.
The number of car repossessions across the United States is on the rise and expected to continue into the new year. Some industry experts say it is a sign of the economy.
Christmas meals will cost 16.4% more this year
The average grocery basket for Christmas dinner will cost an average of $60, Datasembly reported.
The average grocery basket for Christmas dinner will cost an average of $60, Datasembly reported.
Wall Street may get much worse in 2023 before it gets better
Many analysts expect stocks to end 2023 around their current range, if not a bit higher. But before that, much of Wall Street is also forecasting stock prices to fall sharply in the interim.
Many analysts expect stocks to end 2023 around their current range, if not a bit higher. But before that, much of Wall Street is also forecasting stock prices to fall sharply in the interim.
How Federal Reserve’s series of rate hikes could affect your finances
As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.
As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.
Nearly half of US workers hope to get promoted, a raise in 2023, survey shows
According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.
According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.
US lawmakers announce 'framework' on bill to avoid government shutdown
Congress faces a midnight Friday deadline to pass a spending bill to prevent a partial government shutdown.
Congress faces a midnight Friday deadline to pass a spending bill to prevent a partial government shutdown.
Fed raises key interest rate by half a point, signals more to come
The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.
The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.