Americans to deplete pandemic era savings by end of Q3
After accumulating record breaking excess savings in the COVID-19 recession, Americans could soon deplete these reserves, the San Francisco Fed reported.
Costco exec says membership fee increase question of 'when, not if'
Costco CFO Richard Galanti remained coy about when the retailer's members could see their membership price increase, saying it would "happen at some point."
Water leaks angers business owners
Fox26's Randy Wallace investigates the leaking water pipes that have left business owners furious
How a government shutdown could affect student loan payments
With a government shutdown looming, student loan borrowers could face more headaches once student loan repayments resume after a three year pause. Here’s what you need to know.
Do you have proper phone etiquette?
A report shows how to have proper phone etiquette.
Actors remain on strike after UAW strike ends
The UAW workers are free to return to work with better working conditions and bump in pay.
Student loan scams surge as October repayment date approaches
Scammers are looking to take advantage of borrowers in need of financial assistance as student loan payments start back up.
Amazon faces lawsuit over allegations of price inflation, anti-competitive practices
The Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms.
High interest rates could be the new normal
After the two-day meeting of the federal reserve, financial experts predict that interest rates will remain high for the foreseeable future.
Rite Aid to close hundreds of stores in bankruptcy: report
Rite Aid will reportedly close 400 to 500 stores as it plans to file for bankruptcy, the Wall Street Journal reported.
Houston designer heads to Paris Fashion week
A Houston designer who designs sunglasses will be showcasing her designs in Paris Fashion week.
Inflation is affecting parents' ability to pay for education: survey
Inflation is taking a toll on back-to-school shopping expenses in 2023 as parents struggle with funding their children's education, supplies and extracurriculars, according to a survey.
The Oscar Mayer Wienermobile is back
Oscar Mayer says the Frankmobile is toast. The Wienermobile rides again.
UAW president Shawn Fain calls on 38 GM, Stellantis plants to strike in 20 states - Ford not affected
UAW President Shawn Fain set noon Friday as a deadline for that progress with Ford, Stellantis, and General Motors or more workers will join the picket line. He's expected to announce the next striking plants at 10 a.m.
UAW strike update: These plants joined the picket line Friday
After General Motors and Stellantis failed to make sufficient progress with the UAW, the union called on all the automakers' parts distribution facilities to strike. This includes 38 facilities across 20 states.
Bank of America will increase its minimum wage to $23 an hour
Bank of America’s minimum hourly pay will become $23 once the North Carolina-based company’s planned increase happens.
Fed pauses interest rate hikes in September but could raise rates again this year
The Federal Reserve paused interest rates in its September meeting. But inflation remains high as Americans deal with record credit card debt. Here’s what to do.
UAW strike day 7: GM, Stellantis announce layoffs as negotiations continue
Both General Motors and Stellantis announced layoffs Wednesday as UAW members continue to walk the picket line at three facilities. These layoffs come as the strike nears the one-week mark with more employees potentially joining the picket line.
Student loan repayment may force some to take on more debt: survey
Many student loan borrowers are anxious that they won't be able to meet their payment obligations once repayments resume in October, according to a recent survey by Achieve.
Social Security payments could rise 3.2 percent in 2024
The Social Security cost of living adjustment could increase to 3.2% in response to high inflation. But it’s far from the 2023 record raise and many Americans still struggle to generate retirement income.