Money

Americans expect their personal finances to continue deteriorating in 2024 as a result of still-high inflation, which has sapped many households' savings.

The Powerball jackpot sits at an estimated $620 million after no player claimed the grand prize Wednesday night. The next drawing is Saturday, Dec. 23.

Millions of student loan borrowers are still not making payments on their debt, according to a new report published by the U.S. Department of Education.

Move over, baby boomers and millennials: Gen X is reportedly furthest away from their retirement expectations, and economist John Lonski tells them to cut back on spending.

The Salvation Army's "Red Kettle Campaign" is struggling to return to pre-pandemic donation levels as the U.S. feels the crunch of inflation and shoppers carry less cash.

Federal budget deficits and high interest rates are causing the cost of servicing America's $33 trillion national debt to soar, raising concern about the debt's sustainability.

The FTC and Rite Aid announced a settlement banning Rite Aid from using AI-powered facial recognition technologies for 5 years after the pharmacy chain's prior system lacked safeguards.

The Secure 2.0 Act of 2022 has several new optional provisions kicking in at the start of 2024, such as emergency savings and student loan matching.

The point-in-time homelessness count released by HUD found over 650,000 people experienced homeless on a single night in January 2023, an increase of 12% from 2022.

Companies are wrapping up the calendar year 2023, and according to a Monday survey, the share of firms with plans to not dole out end-of-year bonuses hit just over one-third.

The IRS earlier this year lifted the amount that workers can set aside for retirement in their 401(k), IRA and other tax-deferred plans beginning in 2024.

Google has agreed to pay $700 million and to allow for greater competition in its Android app store, although the settlement still requires a judge's final approval.

The Powerball jackpot sits at an estimated $572 million after no player claimed the grand prize Monday night. The next drawing is Wednesday, Dec. 20.

Several major U.S. companies changed their internal diversity policies and programs amid legal threats from conservative groups opposed to DEI initiatives, per a Reuters analysis.

Apple announced Monday that it will pause sales of its Apple Watch Series 9 and Ultra 2 smartwatches amid a patent infringement dispute with medical technology firm Masimo.

Trevor Milton, the founder of electric truckmaker Nikola, has been sentenced to four years in prison after a jury found him guilty of misleading investors.