Opponents of Arizona school voucher expansion fail to gather enough signatures

“We have informed the SOS committee that the referendum will not qualify for the 2024 General Election Ballot. While the statutorily required review continues, our office has inspected enough petitions & signatures to confirm that the 118,823 signature minimum will not be met,” Secretary of State Katie Hobbs tweeted.

Massive Arizona income tax cut going into full effect

The flat tax plan eliminates the state’s old graduated income tax scale, which started at 2.59% and had a maximum tax of 4.5% for income over $159,000 a year for a single person. All taxpayers will now pay a maximum of 2.5%.

Peloton, Dick's Sporting Goods partner to sell equipment

The deal, announced Thursday, marks the exercise and equipment company's latest bid to broaden its market share and become more profitable ahead of the holiday season.

Senate OKs stopgap to avert government shutdown, send aid to Ukraine

Congress is moving quickly to avoid a government shutdown. The Senate on Thursday passed a short-term spending bill that would finance federal agencies into mid-December.

Fewer people request US unemployment benefits amid solid hiring, high inflation

Applications for unemployment benefits last week saw their lowest number of claims since April. If the number continues to drop, the Federal Reserve could raise interest rates higher than it plans to slow the economy.

Ian brings more damage to Florida's already unstable insurance market

Florida’s property insurance market was already strained under billion-dollar losses, insurer insolvencies, and skyrocketing premiums. Then came Hurricane Ian.

Costco CFO says hot dog combo price might remain $1.50 forever

Costco CFO Richard Galanti said the company's gas and travel sectors allowed the company to make up for loss at the food court.

Signature numbers debated in Arizona voucher challenge

Supporters of a massive expansion of Arizona's private school voucher system say public school advocates have failed to file enough valid signatures to temporarily block the law ahead of a proposed 2024 ballot referendum.

CBO: Biden's student loan cancellation plan to cost $400B

The Biden administration previously estimated the plan would cost about $24 billion a year over the next 10 years.

New rule will reveal 'true cost' of airline tickets, White House says

President Joe Biden plans to announce a new initiative that would eventually allow consumers to see a more complete price on airline tickets before they buy them.

Butter shortage drives up prices ahead of holiday baking season

The average price of butter in August jumped 24.6% compared to a year ago, U.S. labor statistics show. Here’s what is driving the increase.

Social Security benefits forecast revised for 2023 as inflation eases

Social Security benefits are expected to increase in 2023, but could be less than previously forecasted, according to The Senior Citizens League. Here's how much of an increase retirees could see in 2023.

CFPB looks to regulate buy now, pay later companies

The Consumer Financial Protection Bureau (CFPB) said it plans to issue guidance or rules that would bring the buy now, pay later (BNPL) sector in line with the standards that Congress has already established for credit cards.