US could lose all bank branches by 2041 as closures surge, financial report finds
A new financial report predicts that physical bank branches in the U.S. could disappear by 2041 if current trends continue, with over 1,600 closures per year. California, Florida, and Illinois have seen the highest number of closures as Americans increasingly turn to online banking options.
Rare dime likely worth over $500K could be hiding in your pocket
A rare dime from 1975 that lacks the letter "S" for the San Francisco mint it came from is up for auction and is expected to fetch more than $500,000.
Where is inflation the highest? Chicago, New York rank near top
New data released by the Labor Department revealed which cities have the highest inflation rates.
Inflation continues to cool, latest numbers show
The prices of gas, groceries and cars are either falling or rising at slower rates than before the pandemic. That’s after peaking at a 40-year high in mid-2022.
US inflation hits 3-year low as Federal Reserve set to cut interest rates
With the cost of goods and services experiencing a slight decline in August, the Federal Reserve may consider cutting its key interest rate soon.
Mega Millions player strikes $800 million jackpot
The grand prize in Tuesday's drawing was the seventh-largest prize in the game's history.
No-tip restaurants in NYC: How a Japanese ramen spot is doing
Leaving a tip at the end of a meal is a routine part of going out to eat in New York City, but there are some restaurants that are bucking the trend and implementing a no-tip policy.
Here's how much the typical American household earned last year
The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level.
Company plans to track workers' locations in return-to-office crackdown
One of the world's biggest consulting and accounting firms plans to monitor its employees' locations to ensure compliance with a stricter return-to-office policy set to take effect next year.
August jobs report shows job losses for US-born workers, gains for foreign-born
The August jobs report reveals a sharp contrast in the U.S. job market, with US-born workers losing over 1.3 million jobs in the past year, while foreign-born workers gained more than 1.2 million jobs.
US economy adds 142,000 jobs as unemployment rate falls slightly, Dept. of Labor reports
Hiring in the U.S. grew slightly in August compared to last month as the unemployment rate dipped for the first time in a few months.
Social Security: Without reform, retirees could lose this much in annual benefits, report says
If Social Security is depleted by 2033, as is currently projected without reform, there would be a mandated 21% across-the-board Social Security benefit cut for retirees, the report says.
1 in 3 Americans declining wedding invites due to cost, survey finds
As wedding costs continue to trend upward, the logistics are taking a financial toll on another unexpected source - the guests.
Why are so many restaurant chains filing for bankruptcy this year?
The year has not even reached its fourth quarter and bankruptcies among restaurant chains, operating companies and large franchisees are already nearly double what they were in 2023.
Americans turn to sausage as economic pressures persist, survey finds
A new survey reveals that more Americans are opting for sausage over pricier meats.
Aldi opens first Staten Island store with giveaways: Details
A new Aldi location is opening in Staten Island on Sep. 12 with a chance to win a giveaway and a gift card sweepstakes. The store will become the 123rd location in New York State and the first in the borough.
Social Security September payment schedule: Here’s when beneficiaries will get their checks
Many Social Security retirement, disability, and survivor beneficiaries will receive their September payments on either the second, third, or fourth Wednesday of the month.
Why there are more 401(k) millionaires in the US than ever before
A new report published by Fidelity Investments shows the number of 401(k) accounts with balances of $1 million or more hit a new record at the end of June.
Social Security: 3 changes to look out for in 2025, according to experts
The Social Security COLA increase in 2025 is likely to be smaller than in 2024, according to estimates. Here are some potential changes Americans should take into account.
Where Trump, Harris stand on easing childcare costs
On this topic, Trump and Harris have one main commonality: Both have supported a higher child tax credit. Here’s what they’ve said.