Treasury department delays electric vehicle tax credit changes
The Treasury Department has pushed the issuance of guidance for new electric vehicle tax credit rules from January to March as it continues to develop them.
Attorney: FTX founder Bankman-Fried agrees to extradition to US
A court hearing was stopped earlier in the day when his attorneys said it was premature for him to stand before the court.
Senate passes bill to fund government through Dec. 23, heads to Biden's desk
The Senate has passed legislation to fund the government for an additional week as lawmakers race to finish work on a full-year spending package before they head home for the holidays and a new Congress is sworn in.
How Federal Reserve’s series of rate hikes could affect your finances
As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.
Buffalo Bills' Josh Allen helps Americans clear $10M of consumer debt
The consumer debt being forgiven translates to an average of $3,847 for 2,600 people.
Nearly half of US workers hope to get promoted, a raise in 2023, survey shows
According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.
US lawmakers announce 'framework' on bill to avoid government shutdown
Congress faces a midnight Friday deadline to pass a spending bill to prevent a partial government shutdown.
Fed raises key interest rate by half a point, signals more to come
The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.
How much should tipped workers make? Michigan court mulls minimum wage ruling
How much the minimum wage increases next year in Michigan hinges on a Court of Appeals decision. Depending on what the court rules, a big wage hike could be coming for tipped workers.
US alleges Bankman-Fried defrauded FTX cryptocurrency customers, investors
Samuel Bankman-Fried, 30, was arrested Monday in the Bahamas at the request of the U.S. government, which charged him with eight criminal violations.
US inflation slowed to 7.1% over past 12 months
This is the fifth straight month with a slowdown.
GoFundMe reveals most generous states, cities in 2022
Do you live in a generous state or city? Here’s what GoFundMe says.
IRS outlines what you need to know to prepare for tax filing in 2023
The deadline to file your taxes is April 18, 2023, and the IRS is sharing updated information to help get you ready.
Bankruptcy and student loans: why it's easier now to wipe out that debt
If you're struggling to pay bills and are considering bankruptcy, the Biden Administration has made it easier to get bankruptcy relief from your student loan debts.
These US states are raising minimum wage in 2023, with 4 above $15
More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour.
Still missing your tax refund? The IRS will soon pay you 7% interest
Taxpayers still waiting to receive their 2021 tax refund will soon be paid 7% interest on the money by the IRS – but the money is taxable.
How much Michigan's minimum wage will increase on Jan. 1, 2023 - and why it could be more
Minimum wage workers in Michigan will see a raise in a couple of weeks - but it could go even higher in February.
Rail workers say deal to avoid strike won't resolve quality-of-life concerns
Workers and their unions say the deal doesn't do enough to address their quality-of-life concerns and doesn't add any sick days.
IRS warns Americans about $600 threshold to report Venmo, Cash App payments
Venmo and PayPal are required to report business transactions above $600 to the IRS.
DoorDash to cut 1,250 corporate jobs after COVID-19 pandemic hiring surge
Delivery company DoorDash is eliminating more than 1,200 corporate jobs, about 6% of its total workforce, saying it hired too many people when demand for its services increased during the COVID-19 pandemic.