A forecast of what this winter's heating bills will look like
People in much of the country should enjoy lower heating bills this winter. But many families are still struggling with the cost of staying warm.
Economy
Why corporate bankruptcies were up in 2023 despite the improving economy
Hundreds of debt-saddled companies filed for bankruptcy this year, as the era of easy money caught up to corporations. High interest rates mean banks aren't extending lifelines.
The $7,500 tax credit for electric cars will see big changes in 2024. What to know
The electric vehicle tax credit will be easier to get next year — but fewer models could qualify, as the government imposes stricter eligibility requirements.
Holiday spending is up, another good sign for the economy
Data show consumer spending from November 1 through Christmas Eve rose 3.1% year over year — a figure in line with the decade leading up to the pandemic and another positive sign for the economy.
These 5 charts show how life got pricier, but also cheaper, in 2023
Inflation eased this year, and wages are now climbing faster than prices. Americans are still spending, even if they have to borrow money to do so.
From Swiftie beads and Barbie to Beyonce, girls ran the world economy in 2023
Girl spending was one of the most powerful economic forces in 2023. Taylor Swift and Beyoncé concerts boosted local and national economies. World leaders begged Taylor Swift to come and perform.
Holiday spending is up. Shoppers are confident, but not giddy
Consumer spending from Nov. 1 through Christmas Eve rose 3.1% year over year, new data show, a figure in line with the decade leading up to the pandemic and another positive sign for the economy.
Biden doesn't seem to be benefiting politically from relatively strong economy
The state of the economy can determine presidential elections — but that doesn't mean President Biden is getting credit for positive changes.
Minimum-wage workers in 22 states will be getting raises on Jan. 1
While that's great news for the almost 10 million workers affected, 20 other states still pay minimum-wage workers the federal rate of $7.25 an hour.
How to do a financial reset
The Great Money Reset author Jill Schlesinger says if you're considering a reset, it helps to crunch the numbers, see what your finances look like, what might be possible for you and when.