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Caregivers face soaring costs, taking a toll on income and jobs
Caregivers spend an average of $11,500 per year looking after an aging parent, relative or friend, up roughly 60% since 2021, according to AARP.
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Fed holds interest rates steady even as inflation remains high
The U.S. central bank left borrowing costs unchanged this month after hiking rates in September for the first time in three years.
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Apple's first foldable phone broke within hours, some owners say
"I didn't even make it through setup," one consumer said after his new iPhone Duo cracked shortly after he bought it.
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These jobs saw the biggest jump in pay in recent years
New analysis breaks down which industries saw the largest wage growth and hiring gains in recent years.
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Anthropic's IPO lists 93 pages of risks. What could go wrong?
Anthropic's planned IPO requires investors to reckon with the threat posed by AI. "This is not an ordinary technology risk," one expert said.
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High airfares are weighing on Thanksgiving travel plans this year
Average fares for the Thanksgiving holiday were up 31% in August from a year ago, according to aviation pricing data.
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Is the Federal Reserve likely to raise interest rates today?
Fed officials will unveil their latest interest rate move this week, following the September rate hike, the first in three years.
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Dollar General overcharged people at checkout for years, FTC says
The discount retailer routinely charges customers more at checkout than the prices it displays on shelves, price tags and ads, according to federal and state authorities.
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Microsoft offers buyouts to 60,000 workers as it invests more in AI
Roughly a quarter of Microsoft's workforce will be eligible for a "voluntary exit offer" as the company tries to shed workers.
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Consumers face scarier Halloween costs this year. Here's why.
Americans are forecast to spend a record $13.5 billion on Halloween this year, with the average consumer shelling out hundreds of dollars.
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Anthropic files for IPO as it competes for AI dominance
Anthropic, which developed the Claude chatbot, is barreling ahead with its public offering despite mounting concerns about AI going rogue.
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Betting companies cap winners while lavishing losers with rewards
As online sports betting companies offer extravagant perks to customers who are losing large sums of money, there are also questions about how they treat their biggest winners.
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Medicare Advantage plans cut for 1 million seniors, insurers say
Two of the largest private insurers are discontinuing some Medicare Advantage plans amid higher costs and a spike in utilization.
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AI could take your job. Here's how Congress wants to help workers.
Sen. Ron Wyden on Friday introduced a bill that would double unemployment benefits to 52 weeks if the jobless rate jumps.
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AI agents detected inside customer bank accounts, report says
Banks have detected personal AI agent activity inside customers' accounts as experts warn about the risks of oversharing with AI.
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Trump says new fuel supply push will lower prices. Will it work?
The Trump administration said using the DPA funding will increase refining output and lower fuel prices for Americans. Experts are skeptical.
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More people now use GLP-1s to lose weight than for other health issues
Growing usage of GLP-1 drugs for weight loss is reshaping how consumers shop for food and clothes, according to consulting firm EY-Parthenon.
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Public Service Loan Forgiveness overhaul dropped, filing shows
Advocates for student loan borrowers said the move will benefit workers who dedicate themselves to public service.
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Nasdaq dives 750 points as investors reassess AI spending
Investors are fretting over the massive debt AI companies are relying on to finance data center and chip spending, Wall Street analysts say.
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Hegseth bans use of nonpublic info for bets on U.S. military ops
Defense Secretary Pete Hegseth said the ban applies to classified and unclassified information and includes prediction markets such as Polymarket and Kalshi.
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Warren warns of "food insecurity crisis" from SNAP cuts and prices
Sen. Elizabeth Warren is urging the U.S. Department of Agriculture to reverse cuts to the food-stamp program as consumers shoulder $22 billion in additional food costs.
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Childcare costs are growing faster than rent in the U.S.
A growing share of American families are having to shell out more than $2,000 a month for childcare services, new data shows.
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Meta ordered to pay $25 billion to New Mexico in data privacy ruling
A jury found that the social media company had deceived consumers for years about its data privacy policies.
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Electricity bills force 1 in 5 to cut back on food, survey finds
Americans living on a fixed income are particularly vulnerable when electricity costs surge, a Consumer Reports expert says.
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