Build Back Better bill: Latest on the SALT deduction battle

Residents of high-tax states — such as New York and New Jersey — are looking for some relief on their tax bills via the Democrats' sweeping legislation that would raise the cap on the SALT deduction.

Gov. Hochul calls on NYC workers to return to offices

"I'm putting a stake in the ground: It's time to get back to the office," Hochul said in a tweet.

CVS to close 300 stores a year for the next 3 years

CVS Health will close 900 stores over the next three years as it evaluates its retail businesses.

Frida Kahlo self-portrait sells for $35 million at auction

A Frida Kahlo self-portrait that shows the artist with the face of her husband, Diego Rivera, in the middle of her forehead has sold at Sotheby's in New York for $34.9 million.

Social Security benefits see highest boost in 40 years, but inflation is higher

Social Security benefits will increase at their highest rate in 40 years, but the latest inflation numbers are even higher. Next year's increase may not be enough for seniors living on Social Security income.

This is the state where student loan borrowers struggle the most to repay their debt: report

A new study compared the average student loan debt to median annual earnings for student loan borrowers two years after graduation. See what you can do if you want to avoid delinquency.

This Social Security statement change could simplify your retirement planning

The Social Security Administration will be sending out newly redesigned statements that helps Americans better understand and maximize their benefits.

How to decide if you need flood insurance for your home

Do you own or rent a home in an area with elevated flood risk? Here's how to decide if you need to take out a separate flood policy.

Johnson & Johnson plans to split into 2 public companies

Johnson & Johnson is breaking into two companies, separating the division that sells Band-Aids and Listerine from its prescription drug business.

10 military veterans who became Fortune 500 CEOs

Here are 10 U.S. veterans who have occupied the c-suite at some of America’s biggest companies.

Student loan forgiveness memo: Expert says Biden has authority to cancel student debt

The White House recently released a memo about canceling debt for federal student borrowers, but the text was heavily redacted. Here's what one expert thinks that means.

Elon Musk sells $1.1B in Tesla stock after Twitter poll

The sales, disclosed in two regulatory filings late Wednesday, will cover tax obligations for stock options granted to Musk in September.

Holiday shoppers plan to spend more money in 2021 after 2 years of decline, TransUnion finds

Many consumers are planning on spending more money this holiday shopping season amid supply chain issues. Here's how consumer behavior may change the way you finance holiday expenses.