Buying a home is now more affordable than renting in these 5 US cities

While renting is more affordable than owning in 45 out of the country's 50 largest cities, there are five cities where a person may consider buying instead.

Hasbro laying off 1,000 employees amid cost-savings push

The company well-known for Monopoly, Play-Doh, and My Little Pony toys says the layoffs are 15% of its global full-time workforce.

U.S. economy showed solid growth, but slowdown expected in coming months

The resilience of the U.S. job market has been a major surprise, but analysts say the good times for America’s workers aren’t likely to last.

Consumers are piling on credit card debt, flashing signs of potential crisis

As Americans rack up record-high credit card debt after a year of soaring inflation and interest rate hikes, charge-offs are beginning to roll in at the start of a looming default crisis.

Is tipping getting out of control? Most consumers say yes

As more businesses adopt digital payment methods, consumers are prompted to leave a tip at places they typically wouldn’t. Some feel it has become more frustrating as the price of items has risen because of inflation.

Major Social Security trust funds could be tapped out by 2033: CBO

Social Security spending is trending upward as the proportion of Americans at or above retirement age has increased relative to the active workforce.

Gold and silver boom predicted as US hits debt ceiling, dollar devalues

Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.

US farm group calls for probe of high egg prices

The price of eggs has skyrocketed, adding to the overall impact inflation is having on American consumers.

Google cutting 12,000 jobs as tech industry layoffs widen

Google has become the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.

Legacy Daytona to transform vacant Macy's at Volusia Mall into 'multifamily community'

Developers in Daytona Beach are planning a 350-unit apartment complex set to rise right near the Volusia Mall.  The ten-acre Legacy Daytona will be a "multifamily community," they said. 

US debt limit: US Treasury buys time for Biden and House GOP on deal

The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.

Party City files for bankruptcy protection amid rising prices

Party City is filing for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending.

How inflation is changing the way people use payment apps

A recent survey by Forbes finds that some young adults are using payment apps to cover the costs of restaurant tabs, groceries, and rent.