A deadly and historic winter storm that has impacted a 2,300-mile swath of the country with snow, ice and power outages has prompted moves to…
Nike is planning to cut nearly 800 jobs amid an automation push at the footwear and apparel giant’s distribution centers. The company is cutting 775 jobs that will primarily impact jobs at the retailer’s distribution…
A complicated U.S. economy. Stubborn inflation and a jobless boom. Unprecedented conflict with the president. Personnel changes, and a new Fed chair. Federal Reserve officials are no stranger to difficult economic moments, but the upcoming year could prove to be more dramatic than usual for the U.S. central bank —…
Key takeaways Mortgage recasting lets you reduce your mortgage payments and total interest paid over the life of the loan by making a lump sum toward your loan principal. When you recast a mortgage, your interest rate and loan term stay the same. Recasting a mortgage is often easier and…
Westend61/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways FHA 203(k) loans provide funding to finance both a home’s purchase and the cost of repairing it. This type of loan, which you can obtain from an FHA-approved lender, is reserved for borrowers who intend to live in the home, not house-flippers or…
Key takeaways If your annual income is less than the standard deduction, you likely aren’t required to file a tax return. But exceptions apply to self-employed people, taxpayers who file as married filing separately and others. The standard deduction for the 2025 tax year, for tax returns filed in 2026,…
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Three of the world’s largest dairy companies are recalling and blocking batches of infant milk formula due to the possible contamination of cereulide, a toxin that can cause nausea and vomiting. The contamination scare started…
