CBO: Biden's student loan cancellation plan to cost $400B
The Biden administration previously estimated the plan would cost about $24 billion a year over the next 10 years.
Dick's Sporting Goods announces plans to hire up to 9,000 for holidays
A slew of companies have already announced their seasonal hiring plans.
New rule will reveal 'true cost' of airline tickets, White House says
President Joe Biden plans to announce a new initiative that would eventually allow consumers to see a more complete price on airline tickets before they buy them.
Butter shortage drives up prices ahead of holiday baking season
The average price of butter in August jumped 24.6% compared to a year ago, U.S. labor statistics show. Here’s what is driving the increase.
US housing recession could send home prices tumbling 20%, economist says
Home prices have already declined 5% from their May peak.
California inflation relief checks almost on the way
Those long-promised stimulus payments for Californians are about to start flowing, adding $10 billion in purchasing power to consumer wallets.
North Carolina man wins big after finding month-old lottery ticket in truck: 'Did that happy dance'
Kenneth Kiriazes of Zebulon, N.C., won the Lucky for Life Lottery and walked away with $276,990.
Dreamforce day 2 ends with Red Hot Chili Peppers, providing boost to city tourism
Day two of Dreamforce, one of San Francisco’s largest conventions, closed out with a bang Wednesday, with a live performance by the Red Hot Chili Peppers at Oracle Park.
Federal interest rate hikes are here: How will it impact your finances?
Mortgage rates have jumped, home sales have slumped and credit cards and auto loans have gotten pricier. Savings rates are slightly juicier, though.
Fed hikes rate by three-quarters of a point in continued fight against inflation
The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.
Mega Millions jackpot winners come forward; Two people to split $1.34B prize
Two people have come forward to claim the $1.34 billion Mega Millions jackpot almost eight weeks after the drawing.
Dreamforce 2022 underway in San Francisco
Dreamforce is underway in San Francisco and 40,000 conventioneers have flooded into the city.
Gap slashes 500 corporate jobs after pandemic, supply chain issues
The job cuts follow years of struggles at the San Francisco-based retailer, which operates stores under its namesake brand as well as Old Navy, Banana Republic and Athleta.
Gallup: More than half of U.S. workers are ‘quiet quitting’
A poll shows that the workplace has gotten worse for younger employees, particularly those under 35 years old.
Woman wins $100K lottery twice in 2 years
An Iowa woman has now won two $100,000 lottery prizes in a little more than two years.
Dreamforce 2022 expected to boost San Francisco economy
Visitors are flooding into San Francisco ahead of the annual Dreamforce convention. Dreamforce is always one of the city's biggest conventions, and this year is no different.
California job market: layoffs and unemployment rate tick upwards
Even though job growth is positive in California, that growth has slowed significantly.
How much money do I need to travel the world?
Many factors play into the budget, but here are some tips for figuring out your magic number.
EXPLAINER: How the strong U.S. dollar can affect everyone
After rising again Friday, the dollar is near its highest level in more than two decades against a key index measuring six major currencies, including the euro and Japanese yen.
Here's how inflation can show up on your restaurant bill
Restaurants, in particular, have been hit hard by the pandemic and inflation. Wholesale food costs for things like eggs, butter, and flour have skyrocketed over the past 12 months.