Fear over Social Security's future pushes Americans to claim benefits early: survey

Most Americans understand Social Security, but concern over its future is pushing many to claim retirement benefits early, a recent Schroders survey said.

UAW Strike inflicts nearly $4 billion in losses, analysis shows

The economic damage from the strike will continue to worsen each week that workers are off the line. After last week's added targets, one automaker is expected to hit particularly hard.

Gas prices unseasonably high despite a drop in demand: AAA

Nationwide gas prices dipped on average by only three cents to $3.83 for the week ending Sept. 28, according to AAA.

Extreme weather impacting how buyers shop for homes: Zillow

Most shoppers consider at least one climate risk in the homebuying process, a recent Zillow survey said.

Ford CEO says UAW 'holding the deal hostage' with automaker over battery plants

Ford President and CEO Jim Farley will provide an update on negotiations with the UAW on Friday afternoon after union members at its Chicago Assembly Plant were called to strike.

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.

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.

Congress wants to avoid a government shutdown. But the House and Senate are moving further apart

The House is struggling through a long-shot effort to pass various funding bills with no real chance of finishing by Saturday’s deadline. The stakes are rising with just days remaining before a federal closure.

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.