IRS announces changes impacting catch-up contributions

Eligible Americans saving for retirement can continue catch-up contributions on a pretax basis through 2025.

American Airlines slapped with record-breaking $4.1M penalty for stranding passengers on delayed flights

The federal government is fining American Airlines $4.1 million for dozens of instances in which passengers were kept on board planes without a chance to exit during long ground delays.

Can the Federal Reserve keep raising interest rates?

After a year of rising interest rates, the Federal Reserve is expected to change course at its next meeting.

Here's how much workers are demanding to start a new job

The lowest wage that American workers are willing to take in order to accept a new job has hit a record high this year, survey results show.

Gen Xers face alarming retirement shortfall, study says

The typical Gen X household has saved less than what is needed to finance a secure retirement, according to a study from the National Institute on Retirement Savings.

Options for new cars under $20,000 limited to a single choice

Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000. Now, there’s just one.

The cheapest, most expensive cities in Florida to get gas amid record-breaking prices

After Florida set a new high for gas prices in 2023, prices are on the decline again. Here's where you can get the most bang for your buck and where you should avoid filling up, according to AAA.

Looming UAW strike could cost US economy more than $5B in just 10 days

If the United Auto Workers decides to strike against the "Big Three" Detroit automakers when the current contract expires next month, it could cost the U.S. economy more than $5 billion.

Americans burning through excess savings from the pandemic, SF Fed study says

Americans are burning through the excess savings they accumulated during the COVID-19 pandemic thanks to a big burst of stimulus money from the federal government and limited spending.

Gas prices fire up as summer draws to a close: AAA

The national average price for a gallon of gas increased this week despite a decrease in oil prices, AAA reported. But severe weather could have a major impact on gas prices in the weeks to come.

Jackpot-winning Mega Millions ticket sold in same Florida county as monster $1.58 billion prize a week later

A jackpot-winning Mega Millions ticket worth $36 million was sold somewhere in Jacksonville, just one week after the historic $1.58 billion jackpot was won by someone in the same county.