April 2022 jobs report: US added 428,000 jobs despite surging inflation
America’s employers added 428,000 jobs in April 2022 and hiring kept the unemployment rate at 3.6%.
Education Department cancels $6.8B in student loans for over 113K in public service
The Education Department said it has canceled $6.8 billion in student debt for more than 113,000 borrowers working in public service jobs, such as teaching, the military or nonprofits.
Postmaster General DeJoy says Americans should get used to 'uncomfortable' rate hikes
Louis DeJoy said Thursday he will advocate for the Board of Governors to continue raising rates until the Postal Service meets its goal of becoming self sustaining.
Here's how much interest rate hikes will cost you
FOX 26 Consumer Reporter Heather Sullivan gives us a look at how much more you'll pay in interest on credit card debt, mortgages, and loans.
Here?s how much interest rate hikes will cost you
We?re facing the biggest interest rate hike in two decades. FOX 26 Consumer Reporter Heather Sullivan breaks down what it means for loans and credit cards.
How to get cheaper Disneyland tickets from Target
It's no secret Disneyland tickets will cost you a pretty penny if you plan on visiting the Most Magical Place on Earth.
Texas ranked among one of the top US states with rising unemployment claims: report
A new report shows Texas' unemployment claims have only gotten higher since the start of the coronavirus crisis.
Houses being built to reflect culture, religion of the homeowners
As the U.S. and Houston populations are becoming more diverse, that's sparking a trend in homebuilding that appeal to different cultures. FOX 26 Consumer Reporter Heather Sullivan has more.
Fed raises interest rates by half-point, the most since 2000
The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.
Biden highlights deficit progress to counter criticism on US economy
The president is placing a renewed emphasis on reducing the deficit — which is the gap between what the nation spends and what it takes in — in order to blunt Republican criticism.
TurboTax's Intuit to pay $141M settlement over misleading ad: Here's who qualifies
According to documents obtained by ProPublica, Intuit executives knew they were deceiving customers by advertising free services that were not in fact free to everyone.
Couple claims winning $473M Powerball ticket sold in Arizona, lottery officials say
A Gilbert couple in Arizona claimed millions after they purchased the winning $473 million ticket to the Powerball drawing a day before numbers were picked. The couple claimed permanent anonymity.
Fed expected to aggressively raise interest rates to tame inflation
The Fed is expected to raise interest rates this week with the biggest jump in more than 20 years as the central bank tries to get control of historic inflation.
What is a recession, and should Americans be worried?
Recessions are notoriously hard to predict – but here's what to know about them
Economic policymakers worry interest rates will trigger a recession
More economic trouble could jeopardize the re-election prospects of vulnerable lawmakers this November as the Federal Reserve is expected to raise interest rates next week to tamp down inflation.
Prescription for Savings: How online pharmacies are slashing costs
Some online pharmacies offer prescription drugs at much lower costs without using insurance.
Democratic lawmakers push for federal crackdown on high gas prices
Democratic leaders have announced an effort to give the Federal Trade Commission increased authority to crack down on oil and gas companies that engage in price gouging.
'We're reversing Robin Hood,' Tax relief for millions of Texans on the ballot
Early voting is underway for the statewide May 7th election on two measures designed to lower taxes for millions of Texans.
BLM responds to questions raised on how donation money has been utilized
The Black Lives Matter organization responded to questions raised by charity monitoring groups and media outlets about how millions of dollars in donations have been spent and the purchase of a $6 million home. FOX 26 Consumer Reporter Heather Sullivan shares more.
BLM says it will soon file IRS document about mansion, financial disclosures
The Black Lives Matter organization is responding to questions raised by charity monitoring groups and media outlets about how millions of dollars in donations have been spent and the purchase of a $6 million home.