November inflation rises at the slowest rate this year, beating expectations

Inflation rose 7.1% year-over-year in November, a slowdown from the 7.7% increase in October. Here's what this means for the economy and future interest rate hikes.

Gas prices plunge to new low, expected to keep dropping in 2023: AAA

The national average cost for a gallon of gas fell to $3.26, 52 cents less than a month ago and six cents less than a year ago, according to AAA.

Fed raises key interest rate by half a point, signals more to come

The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.

Americans say holiday gifts harder to afford

More than half of U.S. adults say it’s harder to afford the holiday gifts they want to give this year.

US alleges Bankman-Fried defrauded FTX cryptocurrency customers, investors

Samuel Bankman-Fried, 30, was arrested Monday in the Bahamas at the request of the U.S. government, which charged him with eight criminal violations.

Two California cities top list of metro areas homebuyers are leaving

A new report has listed San Francisco and Los Angeles as the two top U.S. cities in which homebuyers were looking to leave. 

Failed crypto CEO Sam Bankman-Fried scheduled to testify before congressional committee

Sam Bankman-Fried has done several media interviews since his firm collapsed but has not publicly testified about what happened. He is expected to appear remotely from the Bahamas.

Maxwell Frost, first Gen Z congressman from Florida, denied D.C. apartment over bad credit

Gen-Z Florida Democratic congressman Maxwell Frost came to Twitter to express his struggles with trying to find housing in D.C. as he awaits his new salary to kick in.

Several states are raising minimum wage in 2023, Georgia is not one of them

More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour. Georgia is not one of them.

These US states are raising minimum wage in 2023, with 4 above $15

More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour.

What to know regarding new IRS rule on Venmo payments

If you use third-party payment platforms, such as Venmo or PayPal, you may soon be under added scrutiny by the Internal Revenue Service.

Still missing your tax refund? The IRS will soon pay you 7% interest

Taxpayers still waiting to receive their 2021 tax refund will soon be paid 7% interest on the money by the IRS – but the money is taxable.