Inflation surges in December to highest rate since 1982
Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.
'Great Resignation' spurs some to go into business for themselves
Employers added fewer than half the jobs that were expected in December, but the nation's unemployment rate still fell significantly. One explanation comes from people deciding to follow their own passions.
Bank of America slashes fees for account overdrafts
Bank of America will cut the overdraft fees it charges customers to $10 from $35 starting in May and plans to eliminate entirely its fees for bounced checks.
Maya Angelou becomes 1st Black woman featured on US quarter
A new U.S. quarter featuring the late poet Maya Angelou went into circulation on Monday, the U.S. Mint announced.
Bank of America cuts overdraft fees
Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.
IRS tax-filing season to kick off on Jan. 24
The tax-filing season will end a few days later than usual this year.
Arizona CEO's answer to 'Great Resignation' is offering $5K bonuses for new hires to quit
Chris Ronzio, CEO of software company Trainual, is offering a $5,000 bonus for new hires to quit after just two weeks into their new jobs.
How to deal with the holiday debt hangover
Are you dealing with a holiday debt hangover? The average shopper took on about $1200 debt over the holidays. FOX 26?s Consumer Reporter Heather Sullivan speaks with Dan Roccotta with Credible.com and examines strategies to deal with those mounting bills.
Powerball winning numbers for Wednesday, January 5, 2022; $630M jackpot
Here are the winning Powerball numbers for Wednesday, January 5, 2022. The Powerball jackpot has climbed to an estimated $630 million, the seventh-largest jackpot in the game’s history.
New tax rule requires PayPal, Venmo, Cash App to report annual business payments exceeding $600
Millions of small business owners who rely on payment apps like Venmo, PayPal and Cash App could be subject to a new tax law that just took effect this month.
Child tax credit 2021 payments: How to know if you owe, IRS letter to watch for
Families who received monthly payments as part of the expanded Child Tax Credit program in 2021 should look out for this letter from the IRS ahead of tax season.
Loss of honey bees could cost America billions
U.S. beekeepers lost 50% of their colonies from April 2020 to April 2021, and according to new data the loss could cost America billions of dollars.
Powerball jackpot climbs to $610 million
2022 comes with another shot at winning the massive Powerball lottery after no winners on Monday.
Getting out of debt is a top New Year's resolution, study finds
Most consumers are considering a financial New Year's resolution, according to a recent study from Fidelity. Keep reading to learn how you can meet your financial goals in 2022.
Families are using the child tax credit to pay off debt, Census Bureau finds
Eligible households have been using the monthly payment to supplement household spending and pay off debt, data shows. But the future of the child tax credit hangs in the balance as the Biden administration struggles to pass the Build Back Better bill, which would extend the benefit through 2022.
Refinance rates rise: 20- and 15-year terms emerge as best bargains | Jan. 4, 2022
Check out the mortgage refinancing rates for Jan. 4, 2022, which are up from yesterday.
Today's mortgage rates surge: Buyers should act ahead of further increases | Jan. 4, 2022
Check out the mortgage rates for Jan. 4, 2022, which are trending up from yesterday.
33 states ask feds for consumer protections with mobile-pay apps
The federal government is examining the security of mobile-pay apps, now being used by more than 2 billion people around the world.
Regulating payment apps
The Federal government is examining the security of mobile pay apps, now being used by more than 2 billion people around the world.
Inflation and consumer prices
Fox News correspondent Madeleine Rivera is in Washington reporting on the Biden administration's efforts to keep food prices down by helping meat and poultry producers stay afloat.