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Money

News related to money, savings and the economy.

Woman celebrating 43rd wedding anniversary wins $25K a year for life in lottery

Woman celebrating 43rd wedding anniversary wins $25K a year for life in lottery

A woman from New Hampshire has won a $25,000 a year for life prize from a multi-state lottery game just in time for her 43rd wedding anniversary.

August 11, 2023 4:46pm EDT
Layoffs begin in the film industry as Hollywood strikes continue

Layoffs begin in the film industry as Hollywood strikes continue

Some businesses haven't had a customer in months, while other companies are concerned about bankruptcy if the strikes continue.

August 10, 2023 12:08pm EDT
Credit card debt set to hit $1T as inflation continues squeezing Americans

Credit card debt set to hit $1T as inflation continues squeezing Americans

Americans are drowning in credit card debt as stubborn inflation makes the cost of everyday necessities more expensive. 

August 8, 2023 2:03pm EDT
US inflation has cooled, but getting it down to the Fed's target rate will be the toughest mile

US inflation has cooled, but getting it down to the Fed's target rate will be the toughest mile

Squeezing out the last bit of excess inflation and reducing it to the Federal Reserve's 2% target rate is expected to be a much harder and slower grind.

August 8, 2023 1:52pm EDT
Back to school costs: Savings expert offers tips on when, where to buy

Back to school costs: Savings expert offers tips on when, where to buy

"There are reports that say basic supplies cost 20% more over just the last two years," the consumer saving expert said.

August 8, 2023 7:00am EDT
Is not having a 401(k) as a benefit becoming a deal breaker for new hires?

Is not having a 401(k) as a benefit becoming a deal breaker for new hires?

A 401(k) is usually workers’ first experience with investing, expert says

August 7, 2023 8:05pm EDT
Back-to-school shopping to cost Americans more than ever amid inflation spike

Back-to-school shopping to cost Americans more than ever amid inflation spike

Back-to-school shopping is expected to cost Americans a record amount this year, as shoppers face high inflation across the country.

August 7, 2023 1:49pm EDT
Connecticut man allegedly cheated Home Depot with $300,000 door-return scam

Connecticut man allegedly cheated Home Depot with $300,000 door-return scam

A Connecticut man allegedly defrauded Home Depot of nearly $300,000 with a non-receipted return scheme, federal prosecutors say.

August 6, 2023 2:44pm EDT
North Carolina lottery winner had family pick numbers: 'I started hyperventilating'

North Carolina lottery winner had family pick numbers: 'I started hyperventilating'

The jackpot stands at $1.55 billion with the next drawing set for Tuesday night.

August 5, 2023 4:41pm EDT
Auto warranty robocaller hit with nearly $300M fine from FCC

Auto warranty robocaller hit with nearly $300M fine from FCC

The enterprise, which did business under a slew of names, is accused of dialing numbers included on the National Do Not Call Registry, among other serious violations.

August 5, 2023 10:08am EDT
Mega Millions jackpot soars again after 31 drawings with no winner

Mega Millions jackpot soars again after 31 drawings with no winner

The last time someone won the Mega Millions jackpot was April 18.

August 5, 2023 9:15am EDT
The US government's debt has been downgraded. Here's what you need to know

The US government's debt has been downgraded. Here's what you need to know

The downgrade may have little impact on financial markets long-term or on the interest rates the U.S. government will pay.

August 3, 2023 9:32am EDT
IRS announces new paperless processing initiative for faster refunds

IRS announces new paperless processing initiative for faster refunds

The tax collection agency also expects its digitalization plan to help it go after tax cheats.

August 3, 2023 7:35am EDT
Mattel looking to hire 'chief UNO player' to get paid for playing games

Mattel looking to hire 'chief UNO player' to get paid for playing games

Employee will be responsible for playing the new UNO Quatro game for four hours a day, four days a week, for four weeks.

August 2, 2023 3:28pm EDT
Coors Light, Miller Light combined sales now '50% bigger than Bud Light': Molson Coors CEO

Coors Light, Miller Light combined sales now '50% bigger than Bud Light': Molson Coors CEO

Molson Coors beers like Coors Light and Miller Lite are devouring Bud Light’s market share amid ongoing fallout from the Dylan Mulvaney marketing campaign.

August 1, 2023 6:37pm EDT
CVS to lay off 5,000 employees as it seeks to cut costs

CVS to lay off 5,000 employees as it seeks to cut costs

The Rhode Island-based pharmacy giant said in a statement that it is eliminating "a number of non-customer facing positions" throughout the company

August 1, 2023 12:46pm EDT
US trucking giant Yellow shutting down operations amid standoff with Teamsters union

US trucking giant Yellow shutting down operations amid standoff with Teamsters union

The end of the road comes after the company earlier this month averted a strike by some 22,000 Teamsters-represented workers, saying the company will pay the more than $50 million it owed in worker benefits and pension accruals.

July 31, 2023 3:40pm EDT
This state is facing $117M in losses because of toll cheats

This state is facing $117M in losses because of toll cheats

The Port Authority of New York and New Jersey reportedly faced $36.58M in losses last year due to unpaid tolls.

July 31, 2023 9:25am EDT
Federal Reserve raises key interest rate for 11th time by a quarter-point in effort to slow inflation

Federal Reserve raises key interest rate for 11th time by a quarter-point in effort to slow inflation

The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months, a streak of hikes that are intended to curb inflation but that also carry the risk of going too far and triggering a recession.

July 26, 2023 6:28pm EDT
Auto-loan rejections are up as Federal Reserve raises key interest rate

Auto-loan rejections are up as Federal Reserve raises key interest rate

The Federal Reserve's decision Wednesday to raise its benchmark rate for the 11th time, by a quarter-point, could once again send ripple effects across the economy.

July 26, 2023 4:19pm EDT
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2025 Holiday Shipping Deadlines: USPS, FedEx, UPS important dates to remember

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Stimulus payment December 2025, IRS direct deposit relief payment & tariff dividend fact check

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