General Motors removing heated seat option due to chip shortage

The semiconductor shortage is having a chilling effect at GM. The automaker confirmed it's removing the heated seat option from several 2022 models to help conserve supply.

How to decide if you need flood insurance for your home

Do you own or rent a home in an area with elevated flood risk? Here's how to decide if you need to take out a separate flood policy.

Johnson & Johnson plans to split into 2 public companies

Johnson & Johnson is breaking into two companies, separating the division that sells Band-Aids and Listerine from its prescription drug business.

10 military veterans who became Fortune 500 CEOs

Here are 10 U.S. veterans who have occupied the c-suite at some of America’s biggest companies.

Fed to begin tapering its assets, economists say it will send interest rates higher

The Federal Reserve announced after its November meeting that it will begin tapering its economic stimulus. Here's what that could mean for interest rates.

Student loan forgiveness memo: Expert says Biden has authority to cancel student debt

The White House recently released a memo about canceling debt for federal student borrowers, but the text was heavily redacted. Here's what one expert thinks that means.

Holiday shoppers plan to spend more money in 2021 after 2 years of decline, TransUnion finds

Many consumers are planning on spending more money this holiday shopping season amid supply chain issues. Here's how consumer behavior may change the way you finance holiday expenses.

US consumer prices jumped 6.2% in past year, highest inflation rate since 1990

Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.