Retailer Costco Wholesale will increase pay for most of its hourly U.S. store workers to more than $30, according to a memo sent to employees this week.

Hourly workers are paid based on the hours they work, while salaried employees receive a fixed annual amount. Some people ...

If you pay attention to financial news, you may have heard the term “prime rate” and wondered what it meant. You might have even confused it with the federal funds rate or your loan’s ...

The judge added that it was ‘no justification’ for the claimants to justify their rates on the basis that the defendants had also gone over the guideline hourly rates. ‘If the claimants ...

GM hourly employees who worked 1,850 compensated hours are expected to receive a profit-sharing check of $14,500.

30-year mortgage rates inched slightly lower this week during a volatile period for bond markets but remained close to 6.9%. The average 30-year mortgage rate fell two basis points to 6.87% this ...

Investopedia / Photo Composite by Alice Morgan / Getty Images It would be a huge surprise to financial markets if the Federal Reserve did anything other than hold its interest rate flat when the ...

PeopleImages / Getty Images After mildly wavering for more than two weeks, 30-year new purchase mortgage rates saw a notable climb Wednesday, pushing the average up to 6.93%—its highest level in ...

Federal Reserve Chair Jerome Powell said Tuesday the central bank doesn’t “need to be in a hurry” to resume its interest rate cutting campaign, noting officials reduced the rate ...

Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is hit the pause button on additional rate cuts at its Jan. 29 meeting.

(Photo courtesy of the city) The San Diego City Council Monday voted to double the city’s parking meter rates in an effort to address a looming $252.2 million deficit. The city manages 3,811 ...

Commissions do not affect our editors' opinions or evaluations. Mortgage interest rates are dynamic and unpredictable, and can fluctuate many times between when you file a loan application and ...