Justice Department investigating Abbott baby formula plant

Abbott's Michigan plant's closure in February 2022 was a key cause of a nationwide baby formula shortage that forced parents to seek formula from food banks, friends and doctor’s offices.

Most Americans don't know their life expectancy; that's a problem in retirement planning

A critical part of saving for retirement is figuring out how long the money needs to last. But most Americans do not know their life expectancy – and that worries researchers.

Mortgage rates drop to the lowest level since September: Freddie Mac

The average rate for a 30-year fixed-rate mortgage fell to 6.15% for the week ending Jan. 19, according to Freddie Mac's Primary Mortgage Market Survey.

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.

Amazon shutting down AmazonSmile charity program amid wider cost-cutting moves

The program will end on February 20, and it allowed Amazon to donate a small percentage of eligible purchases to a charity selected by customers.

Your little do-it-yourselfer can have a birthday party at Lowe's

Lowe’s is now booking in-store birthday party packages for kids ages 5 and up at select locations across the U.S., complete with DIY projects and pizza.

Secure 2.0 Act: Required minimum distribution age increases for IRAs

The required minimum distribution age (RMD) has increased from 72 to 73, meaning Americans can leave their investments in longer before needing to make withdrawals. Here’s what you need to know.

Hip hop artist Flo Rida awarded $82.6M in lawsuit against Celsius energy drinks

Flo Rida, whose real name is Tramar Dillard, sued Celsius Holdings Inc. after claiming the company breached a contract with him and then tried to hide money.

Gas prices rise in tandem with oil even as demand drops: AAA

The national average cost for a gallon of gas rose to $3.32, four cents more than last week and 17 cents more than a month ago.

Southwest Airlines pilots to vote on first-ever strike

The Southwest Airlines Pilots Association is calling for a vote on a strike beginning in May. That would give passengers enough time to book elsewhere for spring and summer travel.

IRS ends COVID-19 tax credits: Here's what you need to know before filing in 2023

Among the several pandemic tax credits returning to 2019 levels is the Child Tax Credit. Filers will get $1,600 less in credit for 2022 for each qualifying child under age 17.

Starbucks to offer nationwide DoorDash delivery by March

Starbucks said delivery represents a “significant growth opportunity” for the coffee giant as more people shift to remote work with less in-person ordering.

Southwest Airlines shareholders sue carrier for ‘downplaying outdated technology'

In court documents, shareholders claim that "Southwest Airlines continuously downplayed or ignored the serious issues with technology it used to schedule flights and crews, and how it stood to be affected worse than other airlines in the event of inclement weather."