Federal Reserve slashes key rate by half-point, signals end of inflation battle

The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for consumers.

Study finds only 9 cities where childcare is cheaper than rent

Parents are facing the financial challenges of managing high childcare expenses that surpass what they pay for rent in most U.S. cities, according to a new study.

Poll shows Americans take dim view of grocery industry amid recalls, inflation

A recent Gallup poll reveals a shift in Americans' opinions of the grocery industry, with more negative than positive views for the first time. Concerns over inflation and food safety have contributed to declining confidence in a once highly-rated sector.

Fast food kids meal prices jump: Here's how much they've increased over 10 years

A new study reveals that fast food kids meal prices have risen 43% over the past decade, outpacing inflation. Chick-fil-A leads with a 63% increase, while Dairy Queen saw the smallest change at 21%. Find out how your favorite chains compare.

US could lose all bank branches by 2041 as closures surge, financial report finds

A new financial report predicts that physical bank branches in the U.S. could disappear by 2041 if current trends continue, with over 1,600 closures per year. California, Florida, and Illinois have seen the highest number of closures as Americans increasingly turn to online banking options.

Rare dime likely worth over $500K could be hiding in your pocket

A rare dime from 1975 that lacks the letter "S" for the San Francisco mint it came from is up for auction and is expected to fetch more than $500,000.

Inflation continues to cool, latest numbers show

The prices of gas, groceries and cars are either falling or rising at slower rates than before the pandemic. That’s after peaking at a 40-year high in mid-2022.

US inflation hits 3-year low as Federal Reserve set to cut interest rates

With the cost of goods and services experiencing a slight decline in August, the Federal Reserve may consider cutting its key interest rate soon.

Mega Millions player strikes $800 million jackpot

The grand prize in Tuesday's drawing was the seventh-largest prize in the game's history.

Company plans to track workers' locations in return-to-office crackdown

One of the world's biggest consulting and accounting firms plans to monitor its employees' locations to ensure compliance with a stricter return-to-office policy set to take effect next year. 

Subway employee accused of stealing money
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Prosecutors charged a Milwaukee man after they say he stole thousands of dollars from a subway restaurant in the Village of Pewaukee.

August jobs report shows job losses for US-born workers, gains for foreign-born

The August jobs report reveals a sharp contrast in the U.S. job market, with US-born workers losing over 1.3 million jobs in the past year, while foreign-born workers gained more than 1.2 million jobs.

Social Security: Without reform, retirees could lose this much in annual benefits, report says

If Social Security is depleted by 2033, as is currently projected without reform, there would be a mandated 21% across-the-board Social Security benefit cut for retirees, the report says.

Life Insurance Awareness Month

Drew White, financial advisor with Northwestern Mutual, answers some common questions about life insurance.

1 in 3 Americans declining wedding invites due to cost, survey finds

As wedding costs continue to trend upward, the logistics are taking a financial toll on another unexpected source - the guests.

Why are so many restaurant chains filing for bankruptcy this year?

The year has not even reached its fourth quarter and bankruptcies among restaurant chains, operating companies and large franchisees are already nearly double what they were in 2023.