MoneyWatch

While eating out is typically more costly than dining at home, going to a restaurant could be a relative bargain this Thanksgiving compared with high grocery store prices.  Restaurant prices are also elevated, but they have risen at a slower pace. The cost of food at restaurants and other vendors …

The rapper formerly known as Kanye West is back on Twitter after having his account restricted last month for posting an antisemitic tweet.  Ye on Thursday tweeted a black-and-white photo of NBA player Kyrie Irving, who, like Ye, is under heavy criticism for a social media post seen as promoting antisemitism. Ye’s Twitter suspension …

Squirreling away money for a rainy day, much less one’s golden years, is not exactly America’s forte, and a survey shows that soaring inflation is making it even harder for people to put money away for retirement.  More than half, or 54%, of adults said they had stopped saving for retirement …

Elon Musk plans to cut most of Twitter’s workforce if and when he becomes owner of the social media company, according to a report Thursday by The Washington Post. Musk has told prospective investors in his Twitter purchase that he plans to cut nearly 75% of Twitter’s employee base of …

Health officials confirmed this week what people who treat or who have attention-deficit/hyperactivity disorder already know: There’s a nationwide shortage of Adderall, the drug widely prescribed for ADHD.  The immediate release formulation of amphetamine mixed salts, commonly known by the brand name Adderall or Adderall IR, is in short supply, …

Elon Musk’s turbulent romance with Twitter may finally be heading to the altar, with the world’s richest person now close to finalizing a deal for the social media platform he first tried to buy in the spring for $44 billion.  Musk appears to have plenty of ideas for turning around the …

The buck isn’t stopping. The value of the U.S. dollar has been on a tear for more than a year against everything from the British pound across the Atlantic to the South Korean won across the Pacific. After rising again Friday, the dollar is near its highest level in more …

Blistering inflation is taking a toll on household budgets, with a majority of Americans now saying that rising prices are causing them financial hardship, according to a new poll from Gallup.  About 56% of U.S. households said they are experiencing economic stress due to inflation, up from 49% in January and …

President Biden’s plan to erase up to $20,000 in student loans will require millions of borrowers to fill out an application to receive approval, a step that will likely be available within several weeks.  The application is likely to open in early October, according to White House officials. Between now …

Tesla CEO Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey as part of an effort to back out of his $44 billion agreement to acquire the company Dorsey helped found, court documents show. Twitter and Musk are headed for an October 17 trial in Delaware that …