Netflix stock plunges as subscriber growth worries deepen

Netflix stock plunges as subscriber growth worries deepen

Netflix delivered its latest quarter of disappointing subscriber growth during the final three months of last year, a trend that management foresees continuing into the new year as tougher competition is undercutting the video streaming leader. 

Child tax credit: How families can get the rest of their money in 2022

Child tax credit: How families can get the rest of their money in 2022

Although the IRS paid out the last monthly installment of the expanded child tax credit in December, millions of parents should be on the lookout for a letter from the agency that will help them collect the remaining half of the money when they file their 2021 tax returns. 

California EDD freezes 345,000 disability insurance claims

California EDD freezes 345,000 disability insurance claims

California's Employment Development Department has frozen 345,000 claims for disability benefits while it investigates fraud and a widespread identity theft scam. The EDD's suspicions were piqued by a sudden surge in applications for benefits.

Inflation surges in December to highest rate since 1982

Inflation surges in December to highest rate since 1982

Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.

Bank of America cuts overdraft fees

Bank of America cuts overdraft fees

Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.