Tomato, onion, garlic prices expected to increase amid ongoing California drought

About 94% of California fell under the severe, extreme, or exceptional drought categories as of last week. The state grows over a third of the nation's vegetables and 75% of its fruits and nuts.

Mega Millions surges to nearly $500 million ahead of Friday drawing

The second-largest Mega Millions jackpot of 2022 is up for grabs on Friday, which also comes with an estimated $248.7 million cash option, officials say.

Many younger Americans aren't saving enough for retirement

Millennials and Gen Zers have a tough road ahead to save for retirement. If you want to maintain a certain lifestyle, stash your money away.

This is how much money you need to get divorced

Going through a divorce can be incredibly difficult, no matter the reason. And the financial cost varies widely depending on the circumstances. Here’s what to know.

Supreme Court to hear case that could raise price of bacon, other pork products

The case involves California's Prop 12, which says that pork sold in the state needs to come from pigs whose mothers were raised with at least 24 square feet of space.

NYC rents softening; landlords offering concessions

Although rents have started to decline, inflation has increased the cost of just about everything else, from gasoline to groceries. It means the high cost of living in New York is driving the lowest wage earners out of the city.

3rd-largest railroad union rejects deal, renewing possibility of strike

The third largest railroad union rejected its deal with the railroads Monday — renewing the possibility of a strike that could cripple the economy — but before that could happen both sides will return to the bargaining table.

Biggest Social Security cost-of-living increase in decades expected this week

Roughly 70 million Americans are likely to see a notable boost in their monthly checks. Here’s what to know ahead of the expected COLA increase announcement this week.

Nobel economics prize awarded to former Fed chair Ben Bernanke, 2 other Americans

The Nobel Prize winners’ research took on great real-world significance when investors sent the financial system into a panic during the fall of 2008.

Home heating bills expected to soar this winter

Some people may end up paying hundreds of dollars more to heat their home this winter than they did just one year ago. But there are still a few ways you can try and keep your costs down.

Another month of solid US hiring suggests more big Fed hikes

America’s employers slowed their hiring in September but still added 263,000 jobs, a solid figure that will likely keep the Federal Reserve on pace to keep raising interest rates aggressively to fight persistently high inflation.

Americans changing holiday travel plans due to inflation, survey finds

Over the holidays, many Americans are opting for fewer days of travel, cheaper accommodations, and shorter distances due to rising costs, a recent survey found.

Student loan forgiveness eligibility scaled back; here's what you need to know

The Department of Education said last week that borrowers with federal student loans held by private banks would be ineligible for loan forgiveness unless they already consolidated their loans.

Mortgage activity hits 25-year low as rates rise

The Federal Reserve's strategy of raising interest rates in an attempt to fight sky-high inflation is sending mortgage rates higher, impacting home buyers.

Parents can still claim their expanded child tax credit by Nov. 15, 2022 — here's how

Qualifying families who didn’t file a 2021 tax return still have until mid-November 2022 to claim their remaining Child Tax Credit funds and can use this simple tool.