Fed holds interest rates steady, projects just one cut this year

The Federal Reserve on Wednesday held interest rates steady for the seventh straight time and scaled back the outlook for rate reductions later this year as high inflation lingers.

Here's who's hiring teens this summer –  and which jobs pay the best

Young workers account for about a third of all new hires each June. Here's which jobs hire the most teens – and which ones pay the most.

U.S. economy adds 272,000 jobs in May, but unemployment rate rises to 4%

The latest reports show companies hiring more people in May than anticipated, despite continuing inflation and high interest rates. While the economy is still growing, there are ongoing concerns.

Federal government questions rising mortgage closing costs

The Consumer Financial Protection Bureau claims that closing costs and associated fees have jumped up 36 percent in two years.

Target cutting prices on ‘thousands’ of basics amid inflation

Target is one of many corporations adjusting prices or creating promotions to lure in budget-strapped customers looking for a deal.

Reports: McDonald's planning $5 meal deal to win back customers

McDonald's is reportedly introducing a $5 meal deal in an effort to attract customers deterred by recent price increases.

More Americans to qualify for Social Security under new SNAP rule

The Social Security Administration has expanded the definition of a public assistance household to include SNAP recipients, broadening eligibility and potentially increasing benefits for more Americans.

Rue21 files for bankruptcy, will close all stores

Another teen clothing retailer that's been a mall staple for years is shuttering all its stores.

Interest rates not changing until inflation cools, Federal Reserve says

The Federal Reserve announced its decision to maintain its key interest rate at a two-decade high of roughly 5.3% amid ongoing concerns about high inflation.

Why now is the best time to visit Japan, thanks to a weak yen

Here are the best things to do when visiting Japan to make your dollar stretch further as the yen drops to historic lows not seen since 1990.

How much money it takes to be 'rich' in America for 2024

A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.

Here's what it takes to be considered middle class in 2024 for each state

With inflation rising, some families who used to be "middle class" no longer fit in that category. Here are the cheapest and most expensive states and cities for 2024.