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Economy
Social Security to send two SSI checks in December due to calendar quirk
Some recipients of Social Security benefits will receive two checks in the month of December, as…
IRS announces 2026 tax changes with higher standard deductions and brackets
The Internal Revenue Service (IRS) on Thursday announced annual inflation adjustments for dozens of tax provisions,…
US credit card defaults soar to highest in 14 years
Experts are sounding the alarm over a new report indicating credit card loan defaults soared…
Federal Reserve cuts interest rates by quarter-point in December
The Federal Reserve on Wednesday announced its third straight interest rate cut, lowering the benchmark…
Teamsters union launches historic nationwide strike against Amazon
Thousands of Amazon workers organized under the Teamsters union went on strike at 6 a.m.…
Mortgage rates rise, hitting demand
Mortgage rates climbed this week, sending overall demand lower as more Americans balked at refinancing.…
Fed’s preferred inflation gauge came in less than expected
The Federal Reserve's favored inflation gauge came in lower than expected in November, but it…
Labor force participation among US-born American men has plunged amid soaring immigration: analysis
Native-born American men have been fleeing the workforce in droves in a decades-long trend that…
Amazon strike expands to Staten Island, New York, warehouse
Amazon workers at a warehouse on Staten Island in New York will join thousands of…
Nissan, Honda announce plans to consider merger
Japanese automakers Nissan and Honda agreed to consider a merger and set up a joint…
In-person shopping makes a comeback amid record-spending holiday season
Shoppers are ready to drop some cash this holiday season as total spending this year…
Starbucks workers expand strike, closing nearly 60 stores in several US cities
Starbucks workers have expanded their strike to more cities and closed 59 stores across the…
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