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.

TikTok videos show would-be thieves how to steal from stores

Retailers nationwide say theft is costing them almost $100 billion a year and in light of some videos posted on social media, they're worried it's going to get worse.

Houston BCycle bike-share program scheduled for closure

A popular bike-share program could be going away very soon. In fact, a plan is already in place to pull the plug.

Buyer Beware: Some ticket resale rules could leave concert goers out of luck

The cost of going to a concert especially for a popular artist has grown dramatically in recent years and there's a growing threat of buying them on the "secondary market" becoming more challenging.

Growing threat of ticket sales restrictions
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The cost of going to a concert especially for a popular artist has grown dramatically in recent years. FOX 26 Business Reporter Tom Zizka says there's a growing threat of buying them on the "secondary market" may become more challenging.

Lyft adds new safety feature for women and nonbinary drivers, riders

The goal of the new service is twofold, Lyft says: It’s meant to both increase safety and encourage more women and nonbinary people to drive for Lyft.

Johnson & Johnson ditching script logo after 130 years

The health care and pharmaceutical giant will gradually phase out the cursive script logo on its branding and products.

'It's their fault': UAW president slams Big 3 as autoworker strike begins

UAW President Shawn Fain is blaming the Big Three for the autoworkers strike, while the automakers are expressing disappointment with union leadership.

'Extremely disappointed': Big 3 automakers respond as strike begins at Ford, GM, Stellantis plants

Big Three automakers expressed disappointment as UAW workers walked out of its plants to strike Friday. The union called on members at three plants, Ford Michigan Assembly Plant in Wayne, the Stellantis Toledo Assembly Complex in Ohio, and the GM Wentzville Assembly Plant in Missouri, to strike.

UAW negotiations update: Ford says it gave union 'most generous offer' as strike deadline nears

With the deadline to reach a deal now just a day away, Ford says the company has given the UAW its “most generous offer in 80 years." This offer comes as workers prepare to strike.