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June 2, 2022
The IRS -- which had one of the most challenging tax seasons this year due in part to pandemic backlogs and lack of workforce -- said it will hire 4,000 contact representative positions at several IRS...
June 2, 2022
The Biden administration announced on June 1 that it will cancel $5.8 billion in student debt for 560,000 borrowers who attended Corinthian Colleges. This is the largest single loan discharge in the...
May 26, 2022
Buy Now, Pay Later (BNPL) has been on the rise since the beginning of the pandemic, with its use peaking in December as 23% of all U.S. adults said they used the service, according to Morning Consult....
May 24, 2022
In need of a fast package of hot dog buns, Hamburger Helper or diapers in under 30 minutes? Don't worry, Walmart has the solution for you. The company announced it will expand its drone delivery...
May 24, 2022
Despite difficult financial markets, geopolitical concerns and a 41-year inflation high, Americans' financial well-being reached its highest level since 2013, according to the Federal Reserve. See:...
May 9, 2022
Americans might be more tempted to move now that remote work policies seem to be ingrained in the new work culture. Moving company Penske said that rental truck demand was incredibly robust in 2021, a...
May 5, 2022
"Despite the ongoing pandemic, the war in Ukraine, and macroeconomic headwinds," Airbnb reported first quarter earnings of $1.5 billion on May 4 -- a 70% increase than pre-pandemic, also exceeding...
May 4, 2022
Lyft reported first quarter earnings on May 3, with revenue reaching $875.6 million versus $609.0 million in the first quarter of 2021 -- an increase of 44% year-over-year. The worrying guidance the...
April 28, 2022
In the week ending April 23, the advance figure for seasonally adjusted initial unemployment claims was 180,000, a decrease of 5,000 from the previous week's revised level. The previous week's jobless...
April 28, 2022
Being the new owner of Twitter is not protecting Elon Musk from abiding by Securities and Exchange Commission (SEC) rules -- he's stuck with his "Twitter sitter." On April 27, a federal judge denied...