US fourth quarter GDP beats expectations and recession odds
Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.
Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.
Biden cancels another $5 billion in student loan forgiveness – Here's who is impacted
The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.
The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.
When will the IRS send out tax refunds
The IRS says most taxpayers should expect their refund within 21 days of filing but it could take longer for some.
The IRS says most taxpayers should expect their refund within 21 days of filing but it could take longer for some.
Social Security is coming for a bigger chunk of your paycheck
The portion of personal income subject to the Social Security tax has increased to $168,600 this year from $160,200 in 2023.
The portion of personal income subject to the Social Security tax has increased to $168,600 this year from $160,200 in 2023.
US union membership rate fell to new low in 2023
Union rates have plummeted for a second straight year despite the highest approval ratings in decades.
Union rates have plummeted for a second straight year despite the highest approval ratings in decades.
Read this before you sign up for a college credit card
Signing up for financial products your college is offering can sometimes be the worst deal, a recent CFPB report said.
Signing up for financial products your college is offering can sometimes be the worst deal, a recent CFPB report said.
Los Angeles Times to lay off 20% of its newsroom
The Los Angeles Times is laying off more than 20% of its newsroom beginning this week in one the largest staff cuts in the newspaper's 143-year history.
The Los Angeles Times is laying off more than 20% of its newsroom beginning this week in one the largest staff cuts in the newspaper's 143-year history.
In-N-Out Burger's closure in Oakland due to crime issues 'heartbreaking' but necessary, observers say
Security guards said they receive more theft reports at the soon-to-be closed In-N-Out restaurant than at any other location they patrol and that multiple break-ins are reported daily, according to reports.
Security guards said they receive more theft reports at the soon-to-be closed In-N-Out restaurant than at any other location they patrol and that multiple break-ins are reported daily, according to reports.
Mortgage rates finally expected to dip below 6 percent in 2024, but affordability remains low
Mortgage rates are trending down, likely to go below 6% by the end of the year, but most housing still remains unaffordable to the average American.
Mortgage rates are trending down, likely to go below 6% by the end of the year, but most housing still remains unaffordable to the average American.
Your significant other expects you to spend over $100 on Valentine's Day
Americans in relationships believe their partners expect them to spend an average of $157.52 on gifts this Valentine's Day, according to a recent Trustpilot survey.
Americans in relationships believe their partners expect them to spend an average of $157.52 on gifts this Valentine's Day, according to a recent Trustpilot survey.
New car purchases are on the rise, but there are insurance implications
Consumers are buying new vehicles more often with sales increasing by over 13% in 2023.
Consumers are buying new vehicles more often with sales increasing by over 13% in 2023.
Subway sidekicks: Footlong pretzels, sweet treats added to menu
The Subway Sidekicks menu rolls out nationwide Jan. 22.
The Subway Sidekicks menu rolls out nationwide Jan. 22.
McDonald's quietly brings back fan-favorite for a limited time
McDonald's has said goodbye to its seasonal McDonald's Holiday Pie — but the fast food chain is bringing back a fan favorite treat to replace it.
McDonald's has said goodbye to its seasonal McDonald's Holiday Pie — but the fast food chain is bringing back a fan favorite treat to replace it.
Remote work affecting commercial real estate
Empty office buildings have become the "new norm" as we see a more permanent switch to telework. FOX's Joy Addison reports more.
Empty office buildings have become the "new norm" as we see a more permanent switch to telework. FOX's Joy Addison reports more.
Inflation rate: Companies maintain high prices
Although inflation continues to slow down, from a one-time high of more than nine percent, a lot of consumers are still finding prices stubbornly high. FOX 26 Business Reporter Tom Zizka says many of the companies that make things we buy want to keep it that way.
Although inflation continues to slow down, from a one-time high of more than nine percent, a lot of consumers are still finding prices stubbornly high. FOX 26 Business Reporter Tom Zizka says many of the companies that make things we buy want to keep it that way.
US inflation slows, companies sticking with high prices for products
Inflation continues to slow from a one-time high of more than 9%, but a lot of consumers are still finding prices are stubbornly high because many of the companies we buy from like it that way.
Inflation continues to slow from a one-time high of more than 9%, but a lot of consumers are still finding prices are stubbornly high because many of the companies we buy from like it that way.
Mortgage rates drop to lowest level since last spring: Freddie Mac
With home prices and interest rates falling, the housing market is becoming slightly more affordable this year.
With home prices and interest rates falling, the housing market is becoming slightly more affordable this year.
Gas prices climb higher as arctic winter weather impacts production: AAA
The national average cost for a gallon of gas increased by two cents from last week to $3.09, according to AAA.
The national average cost for a gallon of gas increased by two cents from last week to $3.09, according to AAA.
Sports Illustrated planning to lay off most, if not all, staff
The publisher of Sports Illustrated has notified employees it is planning to lay off a significant portion — possibly all — of the outlet's staff after its license to use the iconic brand's name in print and digital was revoked.
The publisher of Sports Illustrated has notified employees it is planning to lay off a significant portion — possibly all — of the outlet's staff after its license to use the iconic brand's name in print and digital was revoked.
Macy's to slash 2,350 jobs, close 5 stores in move to embrace technology: report
Famed retailer Macy's is planning on shuttering five storefronts and laying off over 2,000 employees; here's the list of closures.
Famed retailer Macy's is planning on shuttering five storefronts and laying off over 2,000 employees; here's the list of closures.