Biden says COVID-19 Omicron variant 'cause for concern’ – will interest rates be impacted?

As health officials determine the potential impact of the COVID-19 Omicron variant, economists weigh the potential risks to the economy and what it means for growth forecasts.

Seniors are losing out on Medicare savings during open enrollment, data shows

The Medicare and Medicare Advantage open enrollment period ends on Dec. 7, but many seniors haven't reviewed their health coverage. Even fewer decided to actually change plans, according to a new survey.

November jobs report: US employers added a sluggish 210,000 jobs

U.S. employers slowed the pace of their hiring in November, adding 210,000 jobs, as the economy contends with inflation and shortages.

Activists urging residents to purchase products from Black-owned businesses
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Christmas is quickly approaching and as you?re out shopping, some are asking you to consider buying from Black-owned businesses. FOX 26?s Damali Keith has more.

What is a personal line of credit?

A personal line of credit is a type of revolving credit that can be used to cover expenses like home renovations. Here’s what you need to know before applying.

Capital One drops all overdraft fees, latest bank to do so

Capital One said it will still allow customers to overdraft, but it will no longer charge a fee to do so. Any eligible customers can opt into fee-free overdraft at any times, the bank said.

US unemployment claims rise by 28,000, but still low at 222,000

U.S. unemployment claims climbed by 28,000 last week to 222,000, even though the U.S. job market has been rebounding from the coronavirus recession.

Greater Houston Partnership economists projecting more jobs in 2022

After taking an unprecedented pounding during the pandemic, the Houston area economy appears to be on its way to a full recovery.

Fed prepared to raise interest rates if inflation continues to surge

The Fed could be looking at a rate hike sooner than expected if inflation continues to surge. The latest FOMC meeting minutes indicate that Fed members are discussing the possibility of raising rates.

Holiday shoppers plan to spend nearly $1,000 this year, survey finds: 3 tips to avoid overspending

Consumers plan to spend $998 this holiday shopping season, according to a National Retail Federation (NRF) survey. Here's how you can overcome higher prices amid shipping delays and labor shortages to take advantage of holiday sales.

Online shopping an opportunity for cyber-crooks to trick consumers

Sales for this year's Cyber Monday were down a bit over last year, but American consumers still spent $10.7 billion for online purchases. Now, as we wait for our packages, cyber-crooks are ready to take advantage and trick consumers into sharing the holiday spirit.

Powell says Federal Reserve may accelerate pullback in economic support

Chair Jerome Powell said that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation.