Fed pauses interest rate hikes in September but could raise rates again this year

The Federal Reserve paused interest rates in its September meeting. But inflation remains high as Americans deal with record credit card debt. Here’s what to do.

UAW strike day 7: GM, Stellantis announce layoffs as negotiations continue

Both General Motors and Stellantis announced layoffs Wednesday as UAW members continue to walk the picket line at three facilities. These layoffs come as the strike nears the one-week mark with more employees potentially joining the picket line.

Student loan repayment may force some to take on more debt: survey

Many student loan borrowers are anxious that they won't be able to meet their payment obligations once repayments resume in October, according to a recent survey by Achieve.

UAW's argument about pay raises and how much Detroit's Big Three CEO's make

The UAW has touted the line that CEO pay has risen by 40% over the past four years so employees should get the same. But here's how much the CEO's of Detroit's Big Three make and how much it's gone up over the past four years.

Social Security payments could rise 3.2 percent in 2024

The Social Security cost of living adjustment could increase to 3.2% in response to high inflation. But it’s far from the 2023 record raise and many Americans still struggle to generate retirement income.

US national debt hits $33T for first time in history

The U.S. national debt exceeded $33 trillion on Monday for the first time ever, setting off alarm bells over unprecedented levels of government spending.

UAW sets new deadline of Sept. 22 for 'serious progress' on Big Three negotiations

In a new Facebook video posted Monday, UAW President Shawn Fain said that if “serious progress" is not made, more Locals at plants will be called on to walk out.

Katy Perry sells music catalog for $225 million

On Monday, the company announced that the deal would include Perry's five studio albums that she recorded for Capitol Records between 2008 and 2020. The sale is worth $225 million, according to multiple reports.

UAW strike day 4: President Biden sending officials to Detroit to help with negotiations

As the UAW enters the fourth day of striking, President Joe Biden plans to send White House officials to Michigan to help with negotiations between the union and Big Three.