Federal Reserve raises key interest rate by quarter-point

The Fed also warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions" and “weigh on economic activity, hiring and inflation."

More people are delaying paying up front

An increasing number of shoppers are leaning on buy now, pay later services -- with many using it to foot the bill for groceries.

How discount grocery stores can help shoppers save more money
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How is a discount grocery store different from other grocery stores? And how are they able to offer low prices? FOX 26 Consumer Reporter Heather Sullivan shares some Smart Sense in her story.

Texas ranks among top 20 states where people are quitting jobs

The U.S. economy continues to recover, as does the labor shortage, and a recent study showed Texas has the 20th highest job resignation rates in the country.

Target customers fall victim to gift card scam

Be careful if you're purchasing Apple iTunes gift cards at a Target store as consumers have recently gotten duped by fake cards.

MacKenzie Scott launches new 'open call' to donate $250 million to nonprofits

Since 2019, when she pledged to donate the majority of her wealth, MacKenzie Scott has given more than $14 billion in unrestricted funds to 1,600 nonprofits.

Taste test: Name brand vs generic
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A trip to the grocery store can be an expensive proposition these days. Some shoppers are looking to stretch their dollars by switching from their favorite brands to more affordable alternatives. We put a few budget offerings to the test against their better-known counterparts to see if there was a difference. After tasting a small sample size, the result turned out to be pretty interesting.

How to stop living paycheck-to-paycheck
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It seems a six-figure income isn't enough to make someone immune to inflation. A new report shows even those making $100,000 a year are living paycheck-to-paycheck.

US home values fell $2.3 trillion in 2022, but homeowners still benefiting from pandemic era gains: Redfin

The total value of U.S. homes was $45.3 trillion at the end of 2022, down 4.9% from a record high of $47.7 trillion in June – the most significant June-to-December drop in percentage terms since 2008, according to Redfin.

Experts share tips to prevent catalytic converter thefts
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CARFAX reports the most targeted catalytic converters in Houston and Texas are on trucks and SUVs because they sit higher off the ground. That leaves more room for a thief to get underneath and cut it off. FOX 26 Consumer Reporter Heather Sullivan shares more tips from experts on what to look out for.

Catalytic converter thefts spiking, which cars in Houston are being targeted the most
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As thieves continue to steal catalytic converters right off the bottoms of cars and trucks, flipping them for hundreds of dollars, a new report shows the most vehicles hit in Houston. FOX 26 Consumer Reporter Heather Sullivan shares more.

Business owners say woman hacked their phones to steal money
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Two Katy salon owners are now warning fellow small business owners about a woman who tried to steal thousands of dollars from them by hacking into their phones.

Tips for budgeting for a new car
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NerdWallet is out with its first ever car buying and ownership report. It finds which group of Americans spends the most on vehicles each month. Sara Rathner, a finance expert with NerdWallet, discusses the report and how to save.

Study finds 186 banks vulnerable to Silicon Valley Bank-like collapse

A new study says that, depending on certain market conditions, nearly 200 U.S. banks could be vulnerable to the same fate as Silicon Valley Bank.

Texas: The Issue Is – Senator Ted Cruz talks debt ceiling, border crisis

As the national debt continues to grow, reaching the highest debt seen in history, conversations in Congress continue to circle around what should be done regarding the U.S. debt ceiling.