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.

US consumer prices jumped 6.2% in past year, highest inflation rate since 1990

Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.

11 Democratic lawmakers ask Biden to dip into Strategic Petroleum Reserve to alleviate gas price hike

The Strategic Petroleum Reserve is stored in huge underground salt caverns at four sites along the coastline of the Gulf of Mexico and is the world’s largest supply of emergency crude oil.

Elon Musk Twitter poll: 58% vote 'yes' on billionaire's proposal to sell 10% of Tesla stock

Tesla shares were down 3% in midday trading Monday after CEO Elon Musk said he would sell 10% of his holdings in the electric car maker — more than $20 billion worth by most calculations — based on the results of a poll he conducted on Twitter over the weekend.

Elon Musk's Twitter poll asks if he should sell some Tesla stock

Elon Musk has asked Twitter users whether he should sell 10% of his stock in Tesla amid pressure in Washington to increase taxes on billionaires like him.

October jobs report: US hiring rebounds with 531,000 jobs added

The October 2021 U.S. jobs report showed employers stepped up their hiring, adding a solid 531,000 jobs — the most since July.

Why is Social Security running out of money?

If no action is taken, Social Security could run out of funds by 2033. Here's why, and what you can do if you need more funds.

Gen Z consumers are driving the credit industry rebound, TransUnion report finds

The youngest generation of consumers are leading the way in new credit originations, according to TransUnion. Here's how to choose the right credit card company and build better spending habits.

Mayor-elect Eric Adams wants to be paid in Bitcoin

Eric Adams, the next mayor of New York, says he will accept some of his City Hall salary in Bitcoin.

Paid leave, immigration, tax changes added to $1.75T Biden bill

House Democrats have added paid family and medical leave, immigration law changes and a state-and-local tax break to President Joe Biden's $1.75 trillion social services and environmental bill.

IKEA prices will likely rise due to supply chain pressures

Yes, IKEA has seen soaring online sales. But the global retailer also had slumping sales numbers at stores due to lockdowns as well as higher materials costs.

Fed dialing back COVID-19 economic aid amid high inflation

In a statement Wednesday after its latest policy meeting, the Fed said it will start reducing its $120 billion in monthly bond purchases in the coming weeks, by $15 billion a month, though it reserved the right to change that pace.

70% of Americans go over budget during the holidays, survey finds: How to cut costs

A recent survey found that most Americans admit to overspending during the holidays, but gift-giving doesn't have to be a burden on your wallet. Consider these tips to create a budget and earn rewards on your holiday spending.

This is the college degree that actually pays off, study finds

A new report from the Wall Street Journal found the graduate degree that's most likely to pay off in the form of higher earnings.