‘This is not 1980’: What investors are watching as next U.S. inflation reading looms

Investors next week will be closely watching for the latest reading on U.S. inflation, which has been running hot against the backdrop of a volatile stock market in 2022. “Inflation will be the data p...

The Jobs Report Reveals a Booming Labor Market. Here’s Where Interest Rates Are Headed.

Text size President Joe Biden speaking about the January jobs report. Saul Loeb/AFP/Getty Images Good news for Main Street, not so good news for Wall Street. Once again, a booming labor market is like...

Black unemployment rate dips, labor force participation rises in January

A Now Hiring sign hangs near the entrance to a Winn-Dixie Supermarket on September 21, 2021 in Hallandale, Florida. Joe Raedle | Getty Images The January jobs report showed some signs of optimism for ...

Opinion: These 2 numbers sum up why the housing market won’t get back to normal for a long time

Last week I got a letter in the mail. Like you, I’m surprised this still exists as a practice but desperate times call for desperate measures: Courtesy Ben Carlson Now I would like to think our house ...

Companies cut 301,000 as omicron slams labor market

Companies cut jobs in January for the first time in more than a year as the spread of the Covid omicron variant appeared to hit hiring, payroll processing firm ADP reported Wednesday. Private payrolls...

The ‘best job in America’ pays $145,000, has 14,000 job openings — and offers a generous work-life balance

A six-figure salary and the option to work from home? It sounds too good to be true. Job openings are rising, while workers continue to quit. The number of vacant jobs hit 10.9 million in December, up...

Restaurant recovery is being slowed by labor, supply costs

Robert Freeman is hopeful Congress will replenish the Restaurant Revitalization Fund as his restaurant continues to struggle in the pandemic. Kate Rogers | CNBC Rising labor and food costs are chippin...

Opinion: The Fed is determined to stop wages from rising

AUSTIN, Texas (Project Syndicate)—Federal Reserve Chair Jerome Powell has now committed to putting monetary policy on a course of rising interest rates, which could boost the short-term rate (on feder...

Opinion: The party’s over: The Fed and Congress have pulled their support from workers and investors

Even as the government reports the fastest economic growth in nearly 40 years, the historic gains in income and wealth that inflated the economy in 2020 and 2021 are fading fast. The air is coming out...

The IRS will stop sending out one type of taxpayer notice to try to cut down on aggravation this tax season

Trying to minimize aggravation during a tax-filing season that could have plenty of challenges, the Internal Revenue Service said it is pausing one of its notices that could ferment taxpayer frustrati...

Rudimentary Framework Of Deal Starts Developing In Baseball Labor Talks

Major League Baseball deputy commissioner Dan Halem arrives for a meeting in New York, Monday, Jan. … [+] 24, 2022. Negotiators for locked-out baseball players and management met in person for t...

Nestle’s CEO says tackling child labor in cocoa needs new approach

Farmer Oluranti Adeboye, 62, harvests cocoa at Sofolu village in Ogun State, southwestern Nigeria, on June 5, 2018. Pius Utomi Ekpei | AFP | Getty Images The cocoa industry faces urgent challenges. It...

Opinion: Thankfully, the Fed has decided to stop digging, but it has a lot of work to do before it gets us out of hole we’re in

NEW HAVEN, Conn. (Project Syndicate)—The Federal Reserve has turned on a dime, an uncharacteristic about-face for an institution long noted for slow and deliberate shifts in monetary policy. While the...

Opinion: Retirees in the U.S. do not live on ‘fixed incomes’

As inflation has gained traction in the last year, commentators constantly remark about how it is particularly hard on retirees who live on a “fixed income.”  Please stop. Retirees do not live on fixe...

Odell Beckham Jr. took his $750K salary in bitcoin — how much did it cost him?

Los Angeles Rams wide receiver Odell Beckham Jr. made headlines last November when he announced he would be converting his 2021 salary into bitcoin. The problem for Beckham: that bitcoin BTCUSD, -0.41...

Can Microsoft acquisition cure Activision Blizzard’s toxic workplace?

Besides concerns about antitrust scrutiny and a record $68.7 billion price tag, Microsoft Corp.’s planned acquisition of Activision Blizzard Inc. also raises a key question: How will it deal with the ...

Competitive Balance Tax Revisions Could Spark Major League Baseball’s Labor Negotiations

Brownsburg, IN – December 2: An Official Rawlings Major League Baseball sits with a bat, lock and … [+] chain to represent the lockout between Major League Baseball (MLB) and the Major Lea...

We’re in our 60s, my husband plans to work until he ‘drops dead’ and our medical bills are overwhelming – how can we retire like this?

My husband works for the county making approximately $55,000 a year but before that was in retail with earnings of only about $36,000. In 1996, our daughter was diagnosed with a life threatening incur...

Should I claim Social Security at 70, or take it earlier and invest the money?

Few things are certain, yet Social Security retirement benefits are among the safest sources of retirement income: Inflation-adjusted monthly benefits backed by the federal government for as long as y...

In Background Of Baseball Labor Dispute, Trevor Bauer Still Has Two Matters That Are Unresolved

Pitcher Trevor Bauer still awaits the outcomes of two matters — the Los Angeles County District … [+] Attorney’s review of his criminal case, and Major League Baseball’s separate inv...

Kroger employees are surrounded by food at work — but many struggle to afford food and rent, says a survey of 10,200 workers

Many supermarket workers struggle to put food on the table even as they help feed their communities, according to new research on Kroger KR, -0.73% employees released as the pandemic continues to expo...

‘Not all the money belongs to you’: Self-employed? Avoid these mistakes when filing your 2021 taxes

More Americans are becoming their own boss as the “Great Resignation” continues. Now they’ll have to resign themselves to the fact that their tax situation is likely going to become more complicated. ...

The No. 1 thing that can improve the retirement security of older workers

Ready for today’s retirement investing pop quiz? What’s the single most consequential thing you can do to improve your chances of not running out of money in retirement? I’ll try answering this questi...

A new labor battle opens on Broadway as omicron closes shows

A sign indicating canceled performances of “Mrs. Doubtfire” due to Covid is displayed in the window of the Stephen Sondheim Theatre on December 16, 2021 in New York City. Dia Dipasupil | G...

Labor Department vows to protect workers from Covid after mandate blocked

US Secretary of Labor Marty Walsh speaks about Labor Unions during an event in the East Room of the White House September 8, 2021, in Washington, DC. Brendan Smialowski | AFP | Getty Images The Labor ...

I retired at 50, went back to work at 53, then had a major medical issue that left me unemployed – ‘There’s no such thing as a safe amount of money’ for retirement

I had always said I was going to retire when I was 50. I had worked and saved since I was 16. Retiring without Medicare and Social Security is a scary thing. I wound up retiring then going back to wor...

Retiring early this year? Look through Affordable Care Act plans now before the deadline Saturday

Healthcare is one of the largest expenses in retirement, and one of the biggest risks for people who retire before age 65.  Retirement Tip of the Week: Before the open enrollment period ends on Jan. 1...

This year’s income tax filing season starts Jan. 24, and the IRS says it’s going to be a ‘frustrating’ one

Ready for your 2021 tax refund? Mark your calendars because January 24 is the date the Internal Revenue Service will start accepting and processing 2021 income tax returns. The 2022 tax season will ru...

I’m 68, my husband is terminally ill, and his $3 million estate will go to his son. I want to spend the rest of my days traveling – will I have enough money?

Please help me. I am a 68-year-old woman married 17 years to the love of my life. Our finances have always been separate, and I signed a prenuptial acknowledging that his son will inherit his estate h...

Omicron Takes a Toll on Businesses, From Airports to Bars and Supermarkets

The rapid spread of Covid-19’s Omicron variant is weighing on U.S. businesses, keeping more workers home sick or quarantined and leading some companies to cut services and reduce hours. The rise of U....