College costs have risen at nearly 5x the rate of inflation, report finds

The average cost of tuition, fees and other expenses at higher education institutions are rising at a much faster rate than inflation, according to a recent study.

Student loan payments restart in February, but survey finds 89% of borrowers aren't ready

About 9 in 10 fully employed borrowers said they are not financially secure enough to resume federal student loan payments in February 2022, according to a new survey.

Department of Labor raises federal contract workers’ minimum wage to $15 an hour

The U.S. Department of Labor announced on Monday an increase of the federal minimum wage to $15 an hour for federal contractors, giving a pay bump to hundreds of thousands of workers.

Jerome Powell nominated for 2nd term as Fed chair amid surging inflation

Biden's decision, reached after extensive consideration, strikes a note of continuity and bipartisanship at a time when surging inflation is burdening households and raising risks to the economy's recovery.

The risks of using buy now, pay later to finance holiday shopping on Black Friday

Buy now, pay later apps let you break up larger purchases into a short-term repayment schedule. But there are a few things you should know before you use them to finance holiday shopping.

GoFundMe says Rittenhouse fundraising OK now that he is acquitted

GoFundMe issued a statement after the acquittal of Kyle Rittenhouse, explaining that fundraisers for him would now be allowed on the site.

Arizona certifies referendum seeking to repeal big tax cuts

The Arizona secretary of state's office says opponents of the massive tax cuts enacted by the Legislature and signed by Republican Gov. Doug Ducey collected enough signatures to block them from taking effect.

Those retro toys hiding in your attic may be worth money

People that held onto to certain Lego or Polly Pocket sets may have some valuable items just sitting around in storage

New Astroworld lawsuits ask for $2.75 billion total in damages

Two major lawsuits seeking a total $2.75 billion were filed this week on behalf of victims of the Astroworld tragedy, which left 10 people dead and hundreds more injured.

Couple’s $86M award in Monsanto pesticide case stands

The state Supreme Court’s denial of review upholds an appeals court’s ruling in favor of Alva and Alberta Pilliod of Livermore.

US unemployment claims drop seventh straight week to 268,000

U.S. jobless claims dipped by 1,000 last week from the week before to a pandemic low of 268,000, the Labor Department reported Thursday.

Elon Musk sells more shares than necessary to pay current tax bill

Elon Musk is selling more Tesla shares than he needs to pay current tax obligations. Experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills due next year.

President Joe Biden visiting Detroit on Wednesday - what he'll be talking about

This isn't the first time the president has visited Michigan since his tenure in the White House began. It's not even the first time his visit coincides with an electric vehicle focus.

Target, Walmart say holiday inventory is up despite supply chain disruptions

Target and Walmart say they are kicking off the holiday season with stocked shelves despite the industry's battle with supply chains and shipping backlogs.