See how the prices have changed for popular grocery items
Family grocery bills have been on the rise with higher prices for some items, such as ground beef, and lower prices for others, such as eggs. But unless shoppers are…
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Inflation ticked up to 3.4% in December thanks in part to outsized housing costs
Inflation climbed from 3.1% to 3.4% in December, a sign the Federal Reserve will continue to have to wrestle consumer price growth down to its desired 2% level. Forecasts had…
Americans grow more confident about the economy, even as the Fed’s inflation fight continues
To many consumers, it probably doesn’t feel like a big improvement. But after two years of breakneck inflation that sent the cost of everyday goods and services surging, 2023 experienced…
IRS announces when it will begin accepting and processing 2023 tax returns
The IRS announced it will officially begin accepting 2023 tax returns on Monday, Jan. 29. But although official processing won’t begin until that date, the agency said filers should not…
Education Department error could lower U.S. students’ financial aid amounts
An error in how the Education Department calculates financial aid threatens to leave some U.S. students with lower subsidy amounts for their secondary schooling this fall. The mistake, first reported…
TGI Fridays to close 36 ‘underperforming’ locations across the U.S.
TGI Fridays is closing 36 ‘underperforming’ locations across the U.S. as part of a broader restructuring. The fast-casual eatery said in a release late Wednesday that it is offering at…
The U.S. added 216,000 jobs in December, much better than expected
The U.S. labor market closed out 2023 in strong shape as the pace of hiring was even more powerful than expected, the Labor Department reported Friday. December’s jobs report showed…
Has the Stanley cup hype reached its peak?
A stainless steel cup is proving surprisingly durable in the often erratic world of internet fads. It’s called the Stanley “Quencher,” and it checks in at 1 foot tall. Capable…
More states are considering requiring full minimum wages for tip earners this year
Five states are deciding this year whether to ditch the practice of paying workers who earn tips less than the minimum wage. And activists say they’re bringing that fight to…
Returning a holiday gift? It could end up in a warehouse auction.
Retailers are now in the throes of processing billions of dollars in returned holiday gifts, but many of those items aren’t going back on shelves. Instead, they’ll be bundled off…