Federal reserve hikes interest rates for 4th time; will it trigger a recession?
Borrowing money is getting even more expensive for car buyers, homebuyers, and really anyone who carries a credit card balance. The Federal Reserve has hiked interest rates for fourth time this year and is desperately trying to just cool down the economy, but will this actually trigger a recession?
Fed hikes interest rate by 0.75 percentage points in bid to curb inflation
The Federal Reserve raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.
President Biden weighs extending student loan payment pause beyond August 31
The White House said that President Biden is deliberating whether to extend the pause on federal student loan payments beyond Aug. 31 and forgive a portion of student debt per borrower.
Mega Millions jackpot rises to $1.02 billion
Here are the winning numbers from Tuesday night's Mega Millions drawing.
US new home sales drop to lowest level in 2 years
New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.
The Mega Millions jackpot is now over $1 billion
The Mega Millions lottery jackpot has grown to an estimated $1.02 billion — with a $602.5 million cash option — after no one matched all six numbers on Tuesday.
New temp-service expanding into Houston, offering to make gig economy more secure for workers
One of the most significant changes to the job market, since the start of the pandemic, has been the massive growth in gig work. Whether by necessity, or convenience, temporary and freelance jobs have become very popular.
Raising Cane’s founder buys Mega Millions tickets for all employees
“If we win, we win together,” a spokesperson said in a YouTube video. “Whatever we win, we share it with every, single person.”
Houston housing markets cooling down despite inflation
FOX 26 Consumer Reporter Heather Sullivan has some smart sense about why the Houston housing market is cooling down.
Fed set to impose another big rate hike to fight inflation
Federal Reserve Chairman Jerome Powell Wednesday will address the Fed's plans to raise interest rates until inflation falls, even if it possibly slows economic growth.
Mega Millions: Is $810 million worth a $2 ticket? It depends
Is $810 million worth $2? That’s a good question, given it costs $2 to buy a Mega Millions lottery ticket that could pay off with an estimated $810 million prize, the nation’s fourth-largest jackpot.
As Mega Millions lottery reaches $790M, here's how to stay safe and secure if you win
Lottery players should know these 8 tips ahead of the Mega Millions drawing.
Used cars costing consumers $10,000 more than 'normal' as inflation rages
It's a bad time for consumers looking to buy a used car.
Tips to pay off credit card debt the fastest
Methods to lower your interest rates and pay off credit card debt.
Interest rates expected to go up again next week
FOX 26 Consumer Reporter Heather Sullivan has some smart sense on what you should do before the possible announcement next week.
Nearly half of Americans will take on debt this year despite higher borrowing costs: survey
Even with the Federal Reserve expected to raise borrowing rates again next week, adding debt is “not necessarily a bad sign," analysts say.
How to spot online posts spreading fake reviews for several businesses
If you are looking at online reviews you should be aware they may not be real. FOX 26 Consumer Reporter Heather Sullivan shares more.
Mega Millions jackpot soars to $630 million after no top winner on Tuesday
The Mega Millions jackpot has surpassed $600 million, the fifth highest in the game’s history, ahead of Friday night’s drawing. Here’s where players won second and third prizes on Tuesday night.
Sugar Land ice cream store owner to refund $500 tip to customer
We showed you Monday night a customer was stuck with a $500 tip on ice cream cones. Now, we're told the store owner is cutting them a refund.
Ice cream shop owner refunding $500 tip
FOX 26 Consumer Reporter Heather Sullivan has an update on a story we reported on Monday night after a woman was charged for a $500 tip.