Historic 1652 coin found in furniture sells for $2.5M at California auction
A rare 1652 silver coin, about the size of a nickel, sold for $2.5 million at a California auction, breaking the previous record for a pre-Revolution American coin.
Target quarterly results fall as holiday discounts and dockworker strike hit profits
Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.
Competition for homes is easing the fastest for buyers these markets
New construction and recovering U.S. inventory are helping to tilt more markets in favor of buyers in the South, as well as a few other areas, according to Zillow.
DOGE reportedly considers mobile tax-filing app to simplify US tax process
The Department of Government Efficiency (DOGE), led by Elon Musk and Vivek Ramaswamy, may develop a mobile app for filing taxes, aiming to simplify the tax process for Americans.
Trump's Treasury secretary pick: Who are the contenders?
President-elect Trump is reviewing candidates for the Treasury secretary role, with the list of contenders getting broader after Elon Musk offered an endorsement and shook up the race.
Here's how much the average American will spend for the holidays, by city
Holiday sales in 2024 are expected to grow between 2.5% and 3.5% from last year, according to WalletHub.
Pentagon fails 7th audit in a row, unable to fully account for $824B budget
The Pentagon has been unable to fully account for its massive $824 billion budget for seven years in a row.
Credit card debt surges to another record high, New York Fed data shows
Americans' debt balances grew across the board, but Fed researchers voiced 'concerning' growth in auto and credit card delinquencies.
Seasonal jobs: How to make them work for you
Need some extra cash for the holidays? Finance professor Dan Roccato has some tips and advice.
Meatpacking company illegally hired minors in MN, fined $2 million
A meatpacking company with operations in St. James has been fined $2 million after an inspection found it was illegally employing underage workers that were also dealing with hazardous materials and operating machinery.
Where was inflation the highest in October? Northeast and Midwest cities near the top
The Labor Department released a new report on inflation that examined price growth in various cities and metropolitan areas in the U.S. which reflected a higher rate of inflation in the Northeast and Midwest.
Social Security Fairness Act: Bill to raise benefits for some passes House
A Social Security-related bill with bipartisan support would expand benefits for workers who are also eligible for other pensions.
Spirit prepares for bankruptcy filing after failed Frontier talks: report
Spirit Airlines is reportedly planning to file for Chapter 11 bankruptcy protection after its latest attempt to merge with Frontier Airlines fell through.
US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most economists believe inflation will continue its slowdown.
Medicare premiums increasing in 2025
Medicare’s premium increase for Part B in 2025 outpaces both inflation and the Social Security cost-of-living adjustment (COLA).
Federal Reserve cuts its key interest rate by a quarter-point on heels of election
The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.
Inflation may be coming down but that doesn't mean prices will, expert explains
Allianz chief economic adviser Mohamed El-Erian warned that even though inflation has cooled significantly, prices consumers face are unlikely to decrease.
TGI Fridays files for bankruptcy, COVID-19 pandemic blamed for financial woes
TGI Friday's has filed for Chapter 11 bankruptcy protection.
Financial advice for kids entering adulthood
A new survey finds that adulthood might not start at the age you think it does. Finance professor Dan Roccato has more on how to set your kids for financial success.
Social Security November payment schedule: Here’s when beneficiaries will get their checks
It's officially November. Here's the Social Security payment schedule for the month, including when SSI beneficiaries will get paid for December ahead of time.