IRS in the hot seat over potential cash grab from Spain's World Cup winnings: 'It's a rip-off'

As reigning 2026 FIFA World Cup champions, Spain won $50 million in prize money, but a large portion of that could be subject to federal taxes in the United States — potentially up to 30%.

Luke Skywalker's lightsaber nets $3.75 million at auction

The lightsaber from the iconic “Star Wars" sequel sold for nearly $4 million, marking the highest ever price for a prop used in the popular sci-fi film.

Treasury intercepts nearly $99M in federal payments to deceased individuals under Trump fraud order

The U.S. Department of the Treasury has prevented nearly $99 million in federal payments from being disbursed to deceased individuals using a new verification system deployed under President Donald Trump's executive order targeting government fraud, waste and abuse.

US average gas price rises above $4 a gallon again

Drivers are feeling a financial squeeze at the pump as the national average for a gallon of gasoline went over $4. The surging price eclipses last year's average, which had settled slightly over the $3 mark.

Map: How much it costs to raise kids in your city for 2026

While the rising cost of child care and housing is squeezing families nationwide, a new report reveals that the financial strain is significantly unequal depending on where you live.

Acting director for US intelligence announces new round of job cuts

Bill Pulte, the acting director of ​National Intelligence, announced on social media last week that the agency began a new wave of job cuts, but he declined to provide specific figures on how many positions are being eliminated.

Gen Z breaks ultimate taboo by posting salaries online

A Wall Street Journal editor says high living costs and labor market uncertainty are pushing personal finance into public view.

Healthcare fraud recoveries top $5.5 billion despite enforcement slowdown

A new government report reveals that federal oversight efforts recovered billions of dollars in funds, resulting in individuals and companies being banned from federal healthcare programs.

Consumers shouldn't expect prices to fall anytime soon, top economist warns

Conference Board Chief Economist Dana M. Peterson says consumers are abandoning big-ticket items as housing, healthcare, ad insurance costs influence spending.

Three Texas tax preparers sentenced to federal prison after multi-million dollar fraud scheme

Three Texas tax return preparers, including a business owner and two of his employees, have been sentenced to federal prison for a multi-year conspiracy that utilized fake deductions to secure fraudulent refunds, costing the U.S. government millions of dollars

Texas Powerball ticket wins $1 million: Winning numbers, where it was sold

A Powerball ticket sold in Texas won $1 million in Wednesday night's drawing. Here are the winning numbers and where the ticket was sold.

Texas co-leads $45 million settlement with Cash App over deceptive security claims

Block, Inc. enters a $45 million settlement with 46 states over Cash App security failures, forcing major overhauls to customer support and fraud reporting.

Obamacare premiums going up next year - Here's why

Millions of Americans who buy health insurance through the Affordable Care Act marketplace could face another year of higher premiums in 2027.

IRS COVID tax refund deadline is approaching: What to know

Millions of taxpayers who may be entitled to refunds or relief from IRS penalties and interest tied to the COVID-19 emergency have days to file claims.

These Social Security recipients will receive 2 payments in July

Millions of Social Security beneficiaries will receive two payments in July due to a minor scheduling anomaly. The Social Security Administration is adjusting its distribution dates to ensure recipients receive their money.

Average new car payment reaches all-time high as affordability issues persist

The average new car payment rose to an all-time high in the first quarter as American households continued to face affordability challenges in the economy.

Harriet Tubman $20 bill plan halted, treasury secretary says

The Treasury Department is no longer moving forward with plans to place abolitionist Harriet Tubman on the $20 bill, Treasury Secretary Scott Bessent said.

Texas gubernatorial candidate Gina Hinojosa proposes $1,500 refund for Texans

Texas gubernatorial candidate Gina Hinojosa is proposing $1,500 payments to Texans, saying the money should come from the state's multibillion-dollar surplus instead of remaining in reserve.