Social Security payment increases may be offset by these 5 expenses

Those receiving Social Security benefits could struggle to meet basic needs in the year ahead. Here are the top five expenses they could struggle with.

Toy shortage, higher prices could complicate holiday shopping trips

Experts are predicting a toy shortage this holiday season and encouraging parents to start their Christmas shopping early, while retailers struggle to keep up with the demand.

Social Security benefits see highest boost in 40 years, but inflation is higher

Social Security benefits will increase at their highest rate in 40 years, but the latest inflation numbers are even higher. Next year's increase may not be enough for seniors living on Social Security income.

This Social Security statement change could simplify your retirement planning

The Social Security Administration will be sending out newly redesigned statements that helps Americans better understand and maximize their benefits.

US inflation: Economists explain why consumer prices are rising

For months, many economists had sounded a reassuring message that a spike in consumer prices, something that had been missing in action in the U.S. for a generation, wouldn’t stay long.

From bakery clerks to warehouse workers, Publix is hiring

Companies around the U.S. say they are struggling to deal with a shortage of workers, including one of the largest employers in the state. Lakeland-based Publix is looking to fill a wide variety of jobs.

Missouri school district hiring its own students to ease labor shortage crunch

One Missouri school district has found a unique way to deal with the nationwide labor shortage: hire their own students for some open positions, from cooks to custodians and after-school childcare.

How to decide if you need flood insurance for your home

Do you own or rent a home in an area with elevated flood risk? Here's how to decide if you need to take out a separate flood policy.

US hospitals ask for donations of gently used crutches, canes, walkers amid shortage

An aluminum shortage is hitting hospitals across the U.S. hard, limiting the number of much-needed crutches, canes, walkers and even wheelchairs that they can provide to patients.

Student loan forgiveness memo: Expert says Biden has authority to cancel student debt

The White House recently released a memo about canceling debt for federal student borrowers, but the text was heavily redacted. Here's what one expert thinks that means.

Soaring prices present heavy burden for consumers as holidays near

A worsening surge of inflation for such bedrock necessities as food, rent, autos and heating oil is setting Americans up for a financially difficult Thanksgiving and holiday shopping season.

Holiday shoppers plan to spend more money in 2021 after 2 years of decline, TransUnion finds

Many consumers are planning on spending more money this holiday shopping season amid supply chain issues. Here's how consumer behavior may change the way you finance holiday expenses.

US consumer prices jumped 6.2% in past year, highest inflation rate since 1990

Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.