Americans to deplete pandemic era savings by end of Q3
After accumulating record breaking excess savings in the COVID-19 recession, Americans could soon deplete these reserves, the San Francisco Fed reported.
After accumulating record breaking excess savings in the COVID-19 recession, Americans could soon deplete these reserves, the San Francisco Fed reported.
UAW President Fain says automakers are enabling attacks & hiring scabs; Stellantis ‘appalled’ by claims
The UAW and Detroit's Big Three are still working to negotiate a new agreement and both sides are claiming and escalation in violence. On Thursday, UAW President Shawn Fain blamed two of the automakers for hiring 'scab' replacement workers but Stellantis says that's not true.
The UAW and Detroit's Big Three are still working to negotiate a new agreement and both sides are claiming and escalation in violence. On Thursday, UAW President Shawn Fain blamed two of the automakers for hiring 'scab' replacement workers but Stellantis says that's not true.
Costco exec says membership fee increase question of 'when, not if'
Costco CFO Richard Galanti remained coy about when the retailer's members could see their membership price increase, saying it would "happen at some point."
Costco CFO Richard Galanti remained coy about when the retailer's members could see their membership price increase, saying it would "happen at some point."
'Workers of America are getting screwed': Trump speaks before Michigan UAW workers amid strike
“The workers of America are getting - I’m going to put it very nicely - screwed, you're getting screwed," Trump said. "Yesterday Joe Biden posed for photos at the picket line. But it is his policies that sent Michigan autoworkers to the unemployment line."
“The workers of America are getting - I’m going to put it very nicely - screwed, you're getting screwed," Trump said. "Yesterday Joe Biden posed for photos at the picket line. But it is his policies that sent Michigan autoworkers to the unemployment line."
How a government shutdown could affect student loan payments
With a government shutdown looming, student loan borrowers could face more headaches once student loan repayments resume after a three year pause. Here’s what you need to know.
With a government shutdown looming, student loan borrowers could face more headaches once student loan repayments resume after a three year pause. Here’s what you need to know.
Las Vegas hospitality workers vote to strike against hotels, casinos
The union didn’t immediately set a deadline for a walkout as it continues bargaining for better pay, benefits and working conditions with the top casino employers on the Las Vegas Strip.
The union didn’t immediately set a deadline for a walkout as it continues bargaining for better pay, benefits and working conditions with the top casino employers on the Las Vegas Strip.
Trump's rally to UAW members at non-union plant blasted by Fain as 'pathetic irony'
Trump has performed well with union members, though leadership of the UAW has poured cold water on any support for the former president.
Trump has performed well with union members, though leadership of the UAW has poured cold water on any support for the former president.
Student loan scams surge as October repayment date approaches
Scammers are looking to take advantage of borrowers in need of financial assistance as student loan payments start back up.
Scammers are looking to take advantage of borrowers in need of financial assistance as student loan payments start back up.
Biden to UAW: 'Stick with it, you deserve a significant raise'
It was a day of firsts for both the UAW and the U.S. presidency as both were joined on the picket line in Metro Detroit.
It was a day of firsts for both the UAW and the U.S. presidency as both were joined on the picket line in Metro Detroit.
Amazon faces lawsuit over allegations of price inflation, anti-competitive practices
The Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms.
The Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms.
Biden's student debt forgiveness may be taxed in these five states
Although student debt discharged is exempt from federal tax due to the American Rescue Plan Act of 2021, some states may still tax the savings, according to a report by the Tax Foundation.
Although student debt discharged is exempt from federal tax due to the American Rescue Plan Act of 2021, some states may still tax the savings, according to a report by the Tax Foundation.
Household income drops amid high inflation
The typical American’s income dropped for the third straight year amid record-high inflation. But you can still pay down high-interest debt quickly.
The typical American’s income dropped for the third straight year amid record-high inflation. But you can still pay down high-interest debt quickly.
Rite Aid to close hundreds of stores in bankruptcy: report
Rite Aid will reportedly close 400 to 500 stores as it plans to file for bankruptcy, the Wall Street Journal reported.
Rite Aid will reportedly close 400 to 500 stores as it plans to file for bankruptcy, the Wall Street Journal reported.
How long could the UAW strike last? Here's how much strike pay the union has saved
The UAW strike could last for several months, based on the strategy that union president Shawn Fain has implemented -- which could spell major problems for Detroit's Big Three.
The UAW strike could last for several months, based on the strategy that union president Shawn Fain has implemented -- which could spell major problems for Detroit's Big Three.
UAW strike: President Joe Biden to speak in Michigan in support of union
President Joe Biden will visit Michigan on Tuesday to meet with UAW members striking against Detroit's Big Three, according to a report from the Washington Post.
President Joe Biden will visit Michigan on Tuesday to meet with UAW members striking against Detroit's Big Three, according to a report from the Washington Post.
Inflation is affecting parents' ability to pay for education: survey
Inflation is taking a toll on back-to-school shopping expenses in 2023 as parents struggle with funding their children's education, supplies and extracurriculars, according to a survey.
Inflation is taking a toll on back-to-school shopping expenses in 2023 as parents struggle with funding their children's education, supplies and extracurriculars, according to a survey.
UAW president gives fiery comments after ramping up strike, says workers being left out of EV transition
“It's a lose-lose all around for working class people and again, the billionaire class continues to walk away with the loot so people like Elon Musk can build another rocket ship and shoot themselves to the damn moon."
“It's a lose-lose all around for working class people and again, the billionaire class continues to walk away with the loot so people like Elon Musk can build another rocket ship and shoot themselves to the damn moon."
The Oscar Mayer Wienermobile is back
Oscar Mayer says the Frankmobile is toast. The Wienermobile rides again.
Oscar Mayer says the Frankmobile is toast. The Wienermobile rides again.
UAW president Shawn Fain calls on 38 GM, Stellantis plants to strike in 20 states - Ford not affected
UAW President Shawn Fain set noon Friday as a deadline for that progress with Ford, Stellantis, and General Motors or more workers will join the picket line. He's expected to announce the next striking plants at 10 a.m.
UAW President Shawn Fain set noon Friday as a deadline for that progress with Ford, Stellantis, and General Motors or more workers will join the picket line. He's expected to announce the next striking plants at 10 a.m.
UAW calls on all GM, Stellantis parts distribution facilities to strike; Ford averts additional strikes
The UAW called on all General Motors and Stellantis parts distribution facilities to join the strike Friday. Union President Shawn Fain said this is a result of both automakers rejecting union proposals and offering deficient cost of living adjustments.
The UAW called on all General Motors and Stellantis parts distribution facilities to join the strike Friday. Union President Shawn Fain said this is a result of both automakers rejecting union proposals and offering deficient cost of living adjustments.