Consumers paying more as inflation hits 40 year high

Inflation has increased at its fastest pace since the 1980s, according to a new report by the US Labor Department.

US Army offering $50K bonuses to recruits amid ongoing COVID-19 pandemic

The U.S. Army, for the first time, is offering a maximum enlistment bonus of $50,000 to highly skilled recruits who sign up for six years.

Inflation surges in December to highest rate since 1982

Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.

Bank of America cuts overdraft fees

Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.

Front-line workers lost savings during pandemic shutdowns, study shows

Americans added almost $4 trillion dollars to their savings accounts, but almost all of it went to the wealthiest 20 percent, according to a new economic study.

National Championship could lead to more NIL deals for Georgia players

While pride is on the line between the Dawgs and the Alabama Crimson Tide, this is the first season that winning it all could also lead to more endorsement deals for players.

Powerball winning numbers for Wednesday, January 5, 2022; $630M jackpot

Here are the winning Powerball numbers for Wednesday, January 5, 2022. The Powerball jackpot has climbed to an estimated $630 million, the seventh-largest jackpot in the game’s history.

Child tax credit 2021 payments: How to know if you owe, IRS letter to watch for

Families who received monthly payments as part of the expanded Child Tax Credit program in 2021 should look out for this letter from the IRS ahead of tax season.

Powerball jackpot climbs to $610 million

2022 comes with another shot at winning the massive Powerball lottery after no winners on Monday. 

Getting out of debt is a top New Year's resolution, study finds

Most consumers are considering a financial New Year's resolution, according to a recent study from Fidelity. Keep reading to learn how you can meet your financial goals in 2022.

Families are using the child tax credit to pay off debt, Census Bureau finds

Eligible households have been using the monthly payment to supplement household spending and pay off debt, data shows. But the future of the child tax credit hangs in the balance as the Biden administration struggles to pass the Build Back Better bill, which would extend the benefit through 2022.

$29,000 for an average used car? Would-be buyers are aghast

The days when just about anyone with a steady income could wander onto an auto lot and snag a reliable late-model car or buy their kid’s first vehicle for a few thousand dollars have essentially vanished. “I’ve never seen anything remotely close to this — it’s craziness.”

Virginia dad wins $1M jackpot while on chocolate milk run for kids

Dennis Willoughby stopped at a 7-Eleven store in Richmond to buy the drinks and to buy a $1 million Platinum Jackpot scratch-off ticket.