Economy

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IRS increases contribution limits for 401(k), some other retirement plans for 2025

It's officially 2025 and a good time to reassess your retirement planning.  The Internal Revenue Service…

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States where minimum wage will rise in 2025

Nearly half the states in the U.S. are set for minimum wage increases on Jan.…

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Housing supply jumps to 4-year high as homes sit unsold

The housing inventory shortage that has been plaguing the U.S. for years appears to finally…

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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…

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Costco board wants shareholders to vote no on DEI program challenge

Costco's board of directors is urging shareholders to vote against a proposal that would eliminate…

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Shrinking Colorado River will take a toll on the nation’s food supply

The shelves and prices at your local grocery store could look a little different soon. The…

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Mega Millions $1.22 billion jackpot won by player in California

The Mega Millions' estimated $1.22 billion jackpot was won in Friday night's drawing, with the…

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Passenger sneaks onto Delta flight to Hawaii without ticket

An unticketed airline passenger in Seattle managed to bypass security and airline officials before boarding…

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Mortgage rates rise for second straight week, highest since July

Mortgage rates spiked this week to the highest level in five months, ending the year…

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Mergers that were blocked or challenged by the Biden admin in 2024

The Biden-Harris administration took an aggressive stance in scrutinizing proposed mergers and acquisitions in recent years,…

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