The Fed cuts rates by 0.25 percentage points amid a weaker labor market
The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring.
Nvidia becomes the world's first $5 trillion company, buoyed by AI boom
The chipmaker on Wednesday became the first publicly listed company to top $5 trillion in market value, boosted by demand for its AI chips.
Why the "no hire, no fire" job market may no longer be a thing
Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting.
Amazon cutting 14,000 jobs as the retailing giant embraces AI
The job cuts come as Amazon CEO Andy Jassy has said he envisions the company relying on AI agents to replace human workers.
With food stamps set to dry up, SNAP recipients say they fear what's next
"Now we'll have to prioritize which bills we can pay and which can wait," said one mother of two about a looming freeze in food aid.
Here's what to expect from the Fed's interest rate meeting today
Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, economists say.
Social Security sets its COLA increase for 2026 at 2.8%
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
CPI report shows inflation continued to climb in September
Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.
Here's what economists say to expect from Friday's inflation report
Economists think inflation around the U.S. continued to climb in September, edging farther away from the Fed's 2% annual target.
Americans may get bigger tax refunds next year, economic study finds
New tax cuts in the Republicans' "big, beautiful bill" act are retroactive to 2025, which means many Americans may get bigger refunds in early 2026. Here's why.
90% of Americans plan to skip the No. 1 piece of Social Security advice
Financial pros recommend waiting as long as possible to claim your Social Security benefits. Most Americans say they're ignoring that advice.
Open enrollment may bring sticker shock as health insurance set to surge
With open enrollment starting soon, employees could get sticker shock, with their costs expected to rise 6% to 7% for 2026, a new study says.
On is sued over running shoe's allegedly "loud, embarrassing" squeak
Customers filed a class action lawsuit over the trendy running shoes that allegedly emit squeaky noises with each step.
New Social Security scam features fake U.S. Supreme Court letter
A new scam involves fake letters that appear to be from U.S. Supreme Court Chief Justice John Roberts — but it's a ploy to trick seniors, agency warns.
Bank of America sued over alleged financial ties to Jeffrey Epstein
A new lawsuit alleges Bank of America profited from its dealings with convicted sex offender Jeffrey Epstein.