As employers encounter labor shortages, Biden administration unveils playbook for training workers

Worker shortages have been frustrating for some employers, who raised their investments in new factories and construction projects after President Joe Biden signed into law funding for infrastructure, computer chips and a shift toward renewable energy sources.

UAW strike update: Workers at GM Lansing Delta Assembly, Ford Chicago Assembly Plant called to picket line

UAW President Shawn Fain called on 7,000 Ford and General Motors union members to join the strike Friday. Workers at Ford Chicago Assembly Plant and GM Lansing Delta Assembly will walk to the picket line at noon.

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.

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.

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."

'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."

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.

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.

Biden tells UAW workers they saved auto industry in historic speech on picket line

Joe Biden will be the first sitting President to join a picket line as he's expected to walk with striking UAW members on Tuesday. Here's what we know about his visit and how to watch it all.

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.

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.

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.

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.

Striking UAW members fight man outside Stellantis plant claiming he yelled racial slurs

The incident - caught on video as SkyFOX helicopter cameras were rolling - unfolded with the man stopping his SUV and getting into a verbal confrontation with a group of UAW members.

Amazon Prime Video will have ads in 2024, or users can pay $2.99 monthly to avoid them

Amazon’s Prime Video will begin showing adds during shows and movies early next year, joining other streaming services that have added different tiers of subscriptions.

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.