Economist warns coming financial crisis will make 2008 look like 'Sunday school picnic'

As gold prices keep rising, American economist Peter Schiff says investors should view the rally as more than a hedge — calling it a warning that inflation is speeding up, the U.S. dollar is losing global trust and a major economic reckoning may be near.

Your child's car seat may not be as secure as you thought
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One million cars are on U.S. roads with recalled child safety seat L.A.T.C.H. connectors that haven't been repaired, according to a CARFAX report.

Dow to cut over 4,000 jobs as company shifts focus to AI

Dow is slashing thousands of jobs, becoming the latest company this week to announce a reduction in its labor force.

Federal Reserve keeps rate unchanged in 1st meeting of 2026

The Federal Reserve kept interest rates unchanged even as it's facing mounting pressure from President Trump to be lowered. Here's a look at what's ahead for the central bank in 2026.

Homebuyers using AI instead of agent
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Would you buy a home using artificial intelligence instead of a realtor if it saved you thousands of dollars? Some homebuyers have started doing just that using an AI-powered platform called Homa.

Yale to offer free tuition to families making less than $200K a year

Yale announced it will offer free tuition to families making less than $200,000 and waive all expenses for those making under $100,000.

Trump shares new details on 'Trump Accounts' savings program

President Donald Trump on Wednesday unveiled details of proposed “Trump Accounts," a government-backed investment program for children.

Amazon cuts 16,000 jobs across company in latest round of layoffs

Amazon's latest round of job cuts follow last year's layoffs of thousands of employees. Here's what you need to know.

Cost of living is rising the most in these US cities

According to new data, the cost of living is rising in cities across the United States. Here’s where it’s the worst.

Amazon to close physical 'Go' and 'Fresh' grocery stores, expand Whole Foods Market

Amazon is making a major shift in its grocery business, announcing plans to close its Amazon Go and Amazon Fresh brick-and-mortar stores while doubling down on Whole Foods Market and grocery delivery.

Texas winter storm: Will insurance cover burst pipes, ice damage?

As a winter storm moves through Texas, homeowners may be wondering what their insurance will cover in the event of damage.

Houston winter storm: Keeping food safe to eat if you lose power
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If you lose power during the ice storm, food in the fridge and freezer can start going bad. Consumer Reporter Heather Sullivan talks with Dolores Woods, RD with UTHealth Houston about ways to keep food safe to eat.

What to know about flight changes, REAL ID
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Some airlines have already started canceling some flights ahead of the storm. Consumer Reporter Heather Sullivan talks with Julian Kheel with Points Path about what travelers need to know about flight changes, and the new TSA feel for those who don't have Real ID.

Amazon to cut thousands of jobs in sweeping corporate layoffs

Amazon is preparing to lay off thousands of employees in a broad corporate workforce reduction that could begin as early as next week.

Popular alcohol brands could be forced to sell off inventory after bankruptcy setback

Alcohol giants Stoli Group USA LLC and Kentucky Owl LLC are liquidating their inventory in the U.S. after struggling to reorganize their businesses under Chapter 11 bankruptcy protection. 

Houston winter storm: Emergency shopping list on a budget
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Now is the time to make sure you have emergency supplies in case you lose power during the incoming ice storm. FOX 26 consumer reporter Heather Sullivan made a list of supplies under $100 for a family of four.