U.S. Bank sending nearly $6 million to consumers for freezing access to unemployment benefits during COVID-19
U.S. Bank allegedly froze thousands of accounts of unemployed workers during the pandemic, and they didn’t create a simple way for them to retrieve access to their accounts.
New year, new price to mail a letter via US Postal Service
The U.S. Postal Service is once again saying inflation is the reason the cost to mail a letter is going up after recording $6.5 billion net loss for 2023.
New IRS tax brackets take effect in 2024, meaning your paycheck could be bigger next year
The IRS adjusted the income limits for the different tax brackets in the 2024 tax year as still-high inflation continues to squeeze Americans financially.
Here are the 22 states that will get minimum wage increases on Jan. 1
In 2024, these states will see a wage hike raising the pay for more than 9 million workers.
Powerball Numbers for Dec. 23; Christmas Jackpot Soars to $638M
The Powerball jackpot drawing on Saturday evening ended without anyone winning its $620 million grand prize.
Gen X advised to ‘stop spending’ due to largest retirement savings wealth gap of any generation
Economist argues less spending equals a 'milder’ recession.
Powerball jackpot rises to estimated $620M after no winner in December 20 drawing
The Powerball jackpot continues to rise after no tickets matched all six numbers Wednesday night to claim the $576 million grand prize.
IRS to waive $1 billion in penalties for millions of taxpayers – here’s who qualifies
Nearly 5 million people, businesses and tax-exempt organizations — most making under $400,000 per year — will be eligible for the relief starting this week, the IRS said.
California airport worker 'set for life' after hitting jackpot with $20M lottery win
Durwin Hickman, a California airport worker, is celebrating a life-changing moment after winning $20 million from a $30 Set For Life! scratch-off lottery ticket purchased during his lunch break.
Holiday debt hangover poised to be 'particularly nasty' this year, analyst says
While retail sales are strong, an industry economist is warning about about an uptick in usage for buy now, pay later services as consumers battle growing debt obligations.
Canadian-Lebanese citizen extradited to face fraud, money laundering charges in San Francisco
A Canadian-Lebanese citizen was extradited from Greece to the U.S. to face fraud and money laundering charges in San Francisco, federal prosecutors said Wednesday.
Bay Area food banks pushing to meet growing need
Six months ago, life took a downturn for San Jose resident Tulei Logotaeao. She recounted losing her job as food prices surged, leading her to rely on Lord’s Pantry in East San Jose for most of her groceries each month.
PG&E asks for another rate hike due to climate change
Climate change has aggravated inflation, but nowhere more than with Pacific Gas & Electric, the first major utility to deal with far more effects of extreme weather related to fire and floods.
Organized retail crime not as prolific as the individual shoplifter, data shows
Despite what you may see on TV, individual shoplifting is the greater detriment to retailers than organized crime that has seen groups raiding stores.
California jobs defying economic gravity
The nation gained 199,000 jobs in October, well above the projections but lower than the monthly average for the year. California made up 40,000 of those jobs, 20 percent of new jobs nationally, well above its percentage of the national workforce.
Gas prices dip lower, an early present for travelers this holiday season: AAA
The national average for a gallon of gas resumed its gradual decline amid falling oil prices. If oil prices stay low, drivers can anticipate a continued drop in pump prices, AAA said.
Homebuying demand dries up even as mortgage rates drop: Freddie Mac
The average 30-year fixed-rate mortgage was 7.03% for the week ending Dec. 7, according to Freddie Mac's latest Primary Mortgage Market Survey.
'Home Alone' fans shocked by almost 250% increase in grocery prices since iconic shopping trip
Kevin McCallister's grocery list in the classic film "Home Alone" has gone from $19.83 in 1990 to $72.28 in 2023.
Record share of home sellers drop prices in October as mortgage rates squeeze buyers' budgets: Redfin
Nearly 7% of for-sale homes posted a price drop during the four weeks ending October 29, on average, the highest portion on record, Redfin says.
Americans need extra $11K to afford same standard of living in 2021, Republican analysis finds
A new analysis has revealed how much more money Americans need now to meet the cost of living standards seen in 2021– prior to a rise in inflation.