Hobby Lobby raises minimum wage to $18.50 an hour

Hobby Lobby workers will be getting a raise to ring in the new year. The craft store chain announced it will raise its minimum full-time hourly wage to $18.50, effective January 1, 2022.

How to get your student loan interest deduction

The student loan interest deduction allows you to subtract up to $2,500 from your taxable income for interest paid on student loans. Here’s how it works.

Lawmakers consider Social Security 2100 Act aimed at protecting future benefits

The House Ways and Means Committee held a hearing to consider a new bill to reform the way Social Security works and address the retirement crisis.

T-Mobile to pay hourly employees minimum of $20 an hour

T-Mobile announced that it will pay all 75,000 of its hourly employees a minimum wage of $20 an hour.

Some Americans skip buying Christmas presents to afford health care, survey finds

Consumers have skipped spending money on food, travel and even holiday gifts due to health care costs, according to a survey from HealthCareInsider.

Debt ceiling: Biden signs fast-track plan to prevent default

The Senate approved a bill that will clear the way for Congress to raise the debt ceiling with a simple-majority vote before the projected Dec. 15 deadline.

US consumer inflation rate up 6.8% in past year, highest since 1982

Prices for U.S. consumers jumped 6.8% in November compared with a year earlier, the highest annual inflation rate in 39 years.

Starbucks workers at Buffalo store form 1st U.S. union

Starbucks workers at a store in Buffalo, New York, voted to unionize on Thursday, a first for the 50-year-old coffee retailer in the U.S. and the latest sign that the labor movement is stirring after decades of decline.

US jobless claims hit lowest level in 52 years amid seasonal volatility

U.S. unemployment claims dropped to 184,000 last week, the lowest since September 1969 — offering more evidence that the job market is recovering.

US employers posted near-record 11 million open jobs in October

U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were confident enough in the economy to expand.

Debt ceiling: House passes bill paving way for increase ahead of deadline

The House passed a bill that will allow the Senate to raise the U.S. debt limit with a Democrats’ only majority vote, as the deadline draws near.

Man who claims he invented Bitcoin wins trial over $50B cryptocurrency dispute

Craig Wright, a computer scientist who claims to be the inventor of Bitcoin, prevailed in a civil trial verdict Monday against the family of a deceased business partner that claimed it was owed half of a cryptocurrency fortune worth tens of billions.

Holiday tipping: Can you tip your mail carrier?

Yes, you can tip your letter carrier this holiday season but, as federal workers, they have certain stipulations when it comes to accepting gifts. The bottom line: less is more.

93% of payday loan borrowers regret taking out their loans, survey finds

Payday loans can be a debt trap for borrowers who can't afford to make payments. Here's how you can repay your payday loan balance before it's sent to debt collectors.

Here's who has qualified for student loan forgiveness under Biden

The Biden administration has forgiven federal student debt through four major loan forgiveness programs, including PSLF and borrower defense.

NFT is 2021 word of the year amid cryptocurrency surge, Collins Dictionary says

An NFT is proof of ownership for a unique digital item that can be bought and sold on the cryptocurrency marketplace. Here's what you need to know about buying and investing in crypto.

Treasury targets all-cash real estate deals in anti-corruption effort

The Treasury Department may expand reporting requirements on all-cash real estate deals to help crackdown on bad actors' use of the U.S. market to launder money made through illicit activity.