Target closing East Harlem store, nine nationwide, citing theft threatening workers, shoppers

Target said it's closing nine store in four states, including one in East Harlem, New York and three in San Francisco, saying that theft and organized retail crime have threatened the safety of its workers and customers.

Student loan scams surge as October repayment date approaches

Scammers are looking to take advantage of borrowers in need of financial assistance as student loan payments start back up.

Amazon faces lawsuit over allegations of price inflation, anti-competitive practices

The Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms.

Biden's student debt forgiveness may be taxed in these five states

Although student debt discharged is exempt from federal tax due to the American Rescue Plan Act of 2021, some states may still tax the savings, according to a report by the Tax Foundation.

Household income drops amid high inflation

The typical American’s income dropped for the third straight year amid record-high inflation. But you can still pay down high-interest debt quickly.

Rite Aid to close hundreds of stores in bankruptcy: report

Rite Aid will reportedly close 400 to 500 stores as it plans to file for bankruptcy, the Wall Street Journal reported.

How long could the UAW strike last? Here's how much strike pay the union has saved

The UAW strike could last for several months, based on the strategy that union president Shawn Fain has implemented -- which could spell major problems for Detroit's Big Three.

Inflation is affecting parents' ability to pay for education: survey

Inflation is taking a toll on back-to-school shopping expenses in 2023 as parents struggle with funding their children's education, supplies and extracurriculars, according to a survey.

The Oscar Mayer Wienermobile is back

Oscar Mayer says the Frankmobile is toast. The Wienermobile rides again.

Bank of America will increase its minimum wage to $23 an hour

Bank of America’s minimum hourly pay will become $23 once the North Carolina-based company’s planned increase happens. 

Fed pauses interest rate hikes in September but could raise rates again this year

The Federal Reserve paused interest rates in its September meeting. But inflation remains high as Americans deal with record credit card debt. Here’s what to do.

Feeling the financial burden of today's economy

With so many increases, it's easy for spending to rise without realizing it. People are feeling the pinch in a variety of unexpected ways, and trying to find new strategies for making ends meet.

Sen. Schumer introducing banking act for cannabis businesses

The SAFER Banking Act aims to give licensed businesses that sell cannabis access to federal financial institutions and insurance companies.

Student loan repayment may force some to take on more debt: survey

Many student loan borrowers are anxious that they won't be able to meet their payment obligations once repayments resume in October, according to a recent survey by Achieve.

Social Security payments could rise 3.2 percent in 2024

The Social Security cost of living adjustment could increase to 3.2% in response to high inflation. But it’s far from the 2023 record raise and many Americans still struggle to generate retirement income.

UAW Strike: What Detroit's Big Three have offered to the union

The UAW is on strike while demanding pay increases, protection from inflation, and more. Here's what Detroit's Big Three have offered to the union, so far.