Hasbro laying off 1,000 employees amid cost-savings push

The company well-known for Monopoly, Play-Doh, and My Little Pony toys says the layoffs are 15% of its global full-time workforce.

U.S. economy showed solid growth, but slowdown expected in coming months

The resilience of the U.S. job market has been a major surprise, but analysts say the good times for America’s workers aren’t likely to last.

Consumers are piling on credit card debt, flashing signs of potential crisis

As Americans rack up record-high credit card debt after a year of soaring inflation and interest rate hikes, charge-offs are beginning to roll in at the start of a looming default crisis.

Is tipping getting out of control? Most consumers say yes

As more businesses adopt digital payment methods, consumers are prompted to leave a tip at places they typically wouldn’t. Some feel it has become more frustrating as the price of items has risen because of inflation.

Gold and silver boom predicted as US hits debt ceiling, dollar devalues

Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.

Google cutting 12,000 jobs as tech industry layoffs widen

Google has become the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.

US debt limit: US Treasury buys time for Biden and House GOP on deal

The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.

Party City files for bankruptcy protection amid rising prices

Party City is filing for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending.

How inflation is changing the way people use payment apps

A recent survey by Forbes finds that some young adults are using payment apps to cover the costs of restaurant tabs, groceries, and rent.

Texas businesses look for inventory tax relief from legislature

Texas is among nine states that have an Inventory Tax levied on the products, materials, and equipment that a business uses to keep its doors open and businesses are pleading for some relief from the tax.

Biden, López Obrador, Trudeau show unity during summit, downplay tensions

President Joe Biden, Mexican President Andrés Manuel López Obrador and Canadian Prime Minister Justin Trudeau are seeking to downplay their frustrations with one another on migration and trade as they meet for the North American Leaders Summit.

Delayed IRS reporting rule to require many Venmo, Cash App users to pay taxes

A new rule, that's been delayed a year, will require taxes to be paid on many transactions occurring through mobile payment apps like Cash-App and Venmo.

FTC proposes rule banning noncompete clauses for workers

The Federal Trade Commission says the rule would open new job opportunities for 30 million Americans and raise wages by $300 billion a year.