BP reports profits doubled to $27.7 billion
BP said Tuesday that underlying replacement cost profit jumped to $27.7 billion in 2022 from $12.8 billion a year earlier. The company also announced plans to buy back $2.75 billion of stock from shareholders.
Price of Biden's student loan repayment plan could double as take-up increases, report says
Cost estimates more than double for Biden's federal student loan repayment overhaul – considered a fallback for the administration's stalled forgiveness plan – when a bigger uptake of the program is factored in, a recent report said.
Today's 15- and 10-year mortgage rates continue to offer best opportunity for interest savings | Feb. 7, 2023
Check out the mortgage rates for Feb. 7, 2023, which are mixed from yesterday.
Houston among five cities selected to mentor small businesses
Local small businesses have an opportunity, for the next month, to win some valuable guidance and some operating cash to grow.
Tax Season 2023: Here's how the Inflation Reduction Act might impact your refund this year
The IRS received nearly $80 billion in funding under the Inflation Reduction Act and said it has already hired more than 5,000 new telephone assistors and added more in-person staff to help taxpayers with filing this year.
AMC Theatres to set ticket prices based on seating
The new ticket pricing system will apply to all locations by the end of the year.
Today's mortgage rates: Look to shorter terms for best bargain | Feb. 6, 2023
Check out the mortgage rates for Feb. 6, 2023, which are mixed from last Friday.
High prices and interest rates will keep drivers from buying cars in 2023: survey
Forty-nine percent of drivers said they did not intend to purchase a new car in 2023, but 38% said they would consider buying a car this year if prices fell, according to a recent survey by Jerry, a car compare-and-buy service.
Dell to cut 6,650 jobs amid diminishing demand for company's computers
The 6,650 jobs cut is about 5% of Dell's global workforce.
Is the U.S. ready for a four-day work week?
New research shows a large majority of managers support a four-day system.
Cyber-attack results in more than $800K stolen from Houston business, lawsuit filed
Officials said the hackers got access to an employee's computer and accessed their company's computer networks including email servers as well as accounts. From there, they posed as vendors who were owed money.
Biden administration approves more than 16 million borrowers for student loan forgiveness
Even though millions have been approved for the president’s student loan forgiveness initiative, the plan remains in legal battle and the Supreme Court is set to take it on in February. This is what you need to know about paying off student loan debt quickly.
Personal loan interest rates continue to fall for 3- and 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
More Americans live paycheck to paycheck, report finds
A report found 166 million consumers in the US fall into that category.
Bed Bath & Beyond closing 87 additional stores. Here’s the list of locations
The latest store closings are impacting the struggling retailer as it considers its options, including possibly filing for bankruptcy.
Shell profit doubles to record high as Russia-Ukraine war drives up energy costs
Shell is the latest oil company to report bumper profits even as the fossil fuel industry faces increasing pressure to cut climate-changing carbon emissions.
Fed raises rates 25 basis points in first meeting of 2023
The Federal Reserve announced a highly anticipated interest rate increase of 25 basis points at its February meeting. Here's what it means for your wallet.
Gig economy workers lose money during tax season through missed deductions, survey says
Many self-employed workers, especially the younger generation lose out on cost savings through missed tax deductions. Here's what gig workers should have their eye on to help save money on taxes or increase their tax return.
Today's best mortgage deal? Twenty-year rates plunge more than a quarter of a percentage point | Feb. 1, 2023
Check out the mortgage rates for Feb. 1, 2023, which are largely down from yesterday.
Another week of higher gas prices shows no signs of slowing: AAA
Gas prices continue to climb as demand grows and oil prices surge, according to the latest report from AAA. Drivers are also facing rising insurance costs in 2023.