The Fed is expected to raise its interest rate hikes this year

The Fed is expected to increase its interest rate hikes after recently slowing down the pace. Fed Chair Jerome Powell told a Senate panel that the central bank may keep raising rates in light of stubborn inflation and a growing economy. Here’s how to deal with high-interest debt under any economic condition.

How to pay off $10,000 in credit card debt

If you’re carrying thousands of dollars in credit card debt, learn about these potential solutions.

US sues to block JetBlue from buying Spirit Airlines in $3.8B merger

The Biden administration is suing to block JetBlue Airways from buying Spirit Airlines, saying the deal would reduce competition and drive up air fares for consumers.

'Bare Minimum Mondays' are the new workplace trend

First came "quiet quitting;" now comes "bare minimum Monday" – the latest workplace trend receiving more and more support from the U.S. labor force.

Victoria’s Secret to bring back fashion show after 4-year hiatus

Victoria’s Secret executives said on a recent earnings call that a "new version" of its fashion show will come later this year.

The implications of Walgreens’ decision on abortion pills

Last month, attorneys general in 20 conservative-led states warned CVS and Walgreens in a letter that they could face legal consequences if they sell abortion pills by mail in their states.

Lowe's Foundation invests $50M to address 'critical' tradespeople worker shortage

The construction industry will need an estimated 546,000 more workers "on top of the normal pace of hiring in 2023 to meet the demand for labor," analysts say.

Americans with poor longevity literacy at greater risk of outliving retirement savings: Survey

Sixty-three percent of American adults are working with inaccurate longevity measures when they plan for retirement, according to the most recent TIAA Institute-Global Financial Literacy Excellence Center (GFLEC) Personal Finance Index survey.

Amazon delays construction on second phase of HQ2 in Arlington

Amazon is pausing construction of its second headquarters in Arlington, Virginia following the biggest round of layoffs in the company’s history and shifting landscape of remote work.

Mortgage rates rise, may reverse a recovering housing market: Freddie Mac

Mortgage rates increased once again this week after rates in the beginning of the year raised optimism for a recovering housing market. But you can still find the right deal by shopping around, Freddie Mac data shows.

Biden's student loan forgiveness aside, Fresh Start gives borrowers in default a clean slate

Despite the uncertainty over where the U.S. Supreme Court will land on the student loan forgiveness plan, $34 billion of defaulted loans have already been marked as current under the Biden administration's Fresh Start program.

U.S. Postal Service buys 9,250 electric vans, 14,000 charge stations

US Postal Service will purchase charging stations from Blink Charging Co., Siemens Industry Inc., and Rexel USA Energy Solutions in contracts totaling $260 million.