Fed raises rates 25 basis points in first meeting of 2023

Fed raises rates 25 basis points in first meeting of 2023

The Federal Reserve announced a highly anticipated interest rate increase of 25 basis points at its February meeting. Here's what it means for your wallet.

The Federal Reserve announced a highly anticipated interest rate increase of 25 basis points at its February meeting. Here's what it means for your wallet.

Gig economy workers lose money during tax season through missed deductions, survey says

Gig economy workers lose money during tax season through missed deductions, survey says

Many self-employed workers, especially the younger generation lose out on cost savings through missed tax deductions. Here's what gig workers should have their eye on to help save money on taxes or increase their tax return.

Many self-employed workers, especially the younger generation lose out on cost savings through missed tax deductions. Here's what gig workers should have their eye on to help save money on taxes or increase their tax return.

Another week of higher gas prices shows no signs of slowing: AAA

Another week of higher gas prices shows no signs of slowing: AAA

Gas prices continue to climb as demand grows and oil prices surge, according to the latest report from AAA. Drivers are also facing rising insurance costs in 2023.

Gas prices continue to climb as demand grows and oil prices surge, according to the latest report from AAA. Drivers are also facing rising insurance costs in 2023.

To tip or not to tip? Is inflation discouraging people from leaving gratuity?
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To tip or not to tip? Is inflation discouraging people from leaving gratuity?

More businesses are adding an option to leave a tip, and it?s just one more expense added to high inflation, rising interest rates. FOX 26 Business Reporter Tom Zizka says consumers are often forced to make a decision, just to complete the sale.

More businesses are adding an option to leave a tip, and it?s just one more expense added to high inflation, rising interest rates. FOX 26 Business Reporter Tom Zizka says consumers are often forced to make a decision, just to complete the sale.

Americans fear recession, but most believe their jobs are safe: Survey

Americans fear recession, but most believe their jobs are safe: Survey

Many Americans have a negative outlook on the economy, but say they didn't believe a downturn would impact their jobs, according to a new survey.

Many Americans have a negative outlook on the economy, but say they didn't believe a downturn would impact their jobs, according to a new survey.

Another week of declining mortgage rates fuels homebuyer demand:Freddie Mac

Another week of declining mortgage rates fuels homebuyer demand:Freddie Mac

The average rate for a 30-year fixed-rate mortgage fell to 6.13% for the week ending Jan. 26, according to Freddie Mac's Primary Mortgage Market Survey.

The average rate for a 30-year fixed-rate mortgage fell to 6.13% for the week ending Jan. 26, according to Freddie Mac's Primary Mortgage Market Survey.

Tax refund would help many Americans pay for holiday spending: survey

Tax refund would help many Americans pay for holiday spending: survey

Many Americans said an advance on their tax refund would help with holiday debt, according to a recent Jackson Hewitt Tax Service survey.

Many Americans said an advance on their tax refund would help with holiday debt, according to a recent Jackson Hewitt Tax Service survey.

Best place to retire? This state just beat Florida, according to a new study

Best place to retire? This state just beat Florida, according to a new study

WalletHub compared the 50 states across 47 key indicators of retirement-friendliness including affordability, health-related factors and overall quality of life.

WalletHub compared the 50 states across 47 key indicators of retirement-friendliness including affordability, health-related factors and overall quality of life.