What do higher-for-longer interest rates mean for your money?
Americans will be forced to adapt to a new normal where savers benefit from higher rates, but borrowers face steeper debt payments on everything from credit cards to mortgages to student loans.
Americans adjust retirement goals up 15 percent but savings drop: survey
U.S. adults believe they will need at least $1.46 million to retire in style, a Northwestern Mutual survey said.
Consumers see higher auto payments in exchange for better borrowing rates
Car loan terms have shortened as buyers with better credit seek cheaper rates for higher monthly payments, a recent Experian report said.
Father-daughter ironworker duo champion the rise of vocational learning
Vocational enrollment is up among younger Americans, and one nurse-turned-union ironworker thinks it's a good opportunity for students to secure their futures.
Texas oyster harvest over, restoring oyster reef
The Texas oyster harvest is over after another difficult season. FOX 26 Business Reporter Tom Zizka says a private effort is restoring a damaged reef in San Leon to show how important the shellfish is to Galveston Bay.
Many Americans spend more than 30 percent of their take-home pay on a mortgage: survey
Homebuyers ready to take the plunge in today's housing market have had to sink a bigger portion of their paychecks into mortgage payments and make significant cuts to everyday spending, a recent survey said.
How much money it takes to be 'rich' in America for 2024
A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.
More newlyweds opting for a 'mini-moon'– here's why
The need for fun and relaxation after the wedding day is leading more newlyweds to choose shorter getaways as an alternative to traditional honeymoons.
Southwest Airlines to stop flying to Houston Bush Airport, 3 others
Southwest Airlines will limit hiring and stop flying to four airports, including George Bush Intercontinental Airport in Houston, as it copes with weak financial results and delays in getting new planes from Boeing.
Bad service, no tip: Most Americans demand quality before tipping
A recent YouGov poll reveals that as tipping becomes an expected norm in increasingly varied sectors amid rising living costs, over half of Americans now express a growing resentment towards tipping, opting to leave no tip for subpar service.
More than a third of Gen Z, millennials seek help from their parents to afford a house down payment
Young homebuyers are combating high home prices by asking their parents for help with home down payments.
'Doom spending' instead of home buying—how young people are spending their money
Amid inflation and climate concerns, younger generations, including Gen Z and millennials, are turning to "doom spending," buying luxuries as they find homeownership increasingly unaffordable.
Noncompete agreements would be banned under FTC rule; legal challenges likely
The Federal Trade Commission has made a significant move by voting to prohibit the enforcement of noncompete agreements among employees, aiming to eliminate barriers to job mobility and wage growth.
Express files for bankruptcy, announces store closures
Express filed for bankruptcy Monday and announced dozens of the fashion retailer’s stores would be closing.
These iconic restaurants are all owned by the same companies
While we all recognize popular chain restaurants by their name alone, many of them are actually grouped together and owned by just a small number of restaurant groups in the U.S. Here’s a look.
Gas prices crept up this week, but not by much as oil prices fell
Demand for gas is up, but oil prices are down, causing gas prices to go up by just four cents.
How often does the IRS audit?
While the IRS accepts most tax returns, there are certain mistakes to avoid that may prompt the agency to take a closer look at your documents.
Here are the major U.S. restaurant chains that have disappeared
These restaurants of your childhood were iconic, until they weren't. Several well-known chains – some decades old – have faced tough times that resulted in bankruptcy.
Biden announces a fresh round of $7.5 billion in student loans canceled
The latest round of cancellations targets $7.4 billion of student loans for 277,000 borrowers, the Department of Education said in a statement.
Caitlin Clark nearing 8-figure deal with Nike which includes signature shoe: Report
Caitlin Clark's college deal with Nike expired at the conclusion of the women's college basketball season last week. But the show brand apparently did not want to let her go.