Bank of America to raise minimum wage to $22 an hour

It’s part of the bank’s phased approach to raising its minimum wage to $25 an hour by 2025.

Taxpayers can now track refunds for past two years

The IRS recently updated its “Where's My Refund?” online tool to introduce the new feature where taxpayers can select any of the three most recent tax years to check their refund status.

Baby formula shortage: 78,000 pounds of formula arrives in US

The flight was the first of several to provide “some incremental relief in the coming days” as the government tries to address a critical baby formula shortage.

Workers decry high cost of parking at upscale San Jose mall

Some minimum wage workers are outraged they are required to pay for their parking while on the job. They say the cost can approach $500 annually.

Wendy's, McDonald's lawsuit claims burger ads mislead consumers on patty sizes

Attorney James C. Kelly told FOX Business, 'There is no good reason why Wendy’s and McDonald’s should be allowed to use trickery in their advertising.'

Travel expert warns pilot shortage crisis will get 'bigger and bigger'

The Points Guy founder and CEO Brian Kelly said "When they (airlines) don't have enough pilots, there's less flights, and less flights means more expensive flights."

6 months in, Biden's infrastructure plan has 4,300 projects

The Biden administration announced $110 billion for the projects will be used for federal highways, public transit, bridges, safety, and airports. This news comes months after President Joe Biden signed the $1 trillion infrastructure bill into law.

Retiring on high seas: More living out golden years aboard cruise ships

With home prices skyrocketing and cruising increasing in popularity, more people are looking to live out their golden years out on the open seas.

Bitcoin tumbles, a stablecoin plunges in wild week in crypto

Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry's highest-profile companies lost a third of its market value.

Elon Musk: Twitter deal 'temporarily on hold' pending details on spam accounts

Elon Musk said his planned $44 billion purchase of Twitter is “temporarily on hold” pending details on spam and fake accounts. He later added that he's "still committed to acquisition.”

Unusual trends in job market contribute to inflation

There are some fascinating but scary crosswinds blowing though the labor force; winds that also seem to be fueling inflation.

California Gov. Newsom proposes inflation relief checks

Gov. Gavin Newsom wants to use some of the state's projected record $68 billion budget surplus for an $18.1 billion inflation relief package.