US fourth quarter GDP beats expectations and recession odds
Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.
Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.
Housing is expensive for a record half of American renters, study shows
A new Harvard analysis reveals soaring housing costs put a financial strain on millions of renters, with prices spiking during the pandemic.
A new Harvard analysis reveals soaring housing costs put a financial strain on millions of renters, with prices spiking during the pandemic.
Biden cancels another $5 billion in student loan forgiveness – Here's who is impacted
The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.
The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.
Do you have an emergency fund?
A new study finds that more than half of Americans couldn't pay for an emergency expense. Financial coach and author Charlotte Stallings has some advice for getting back on track.
A new study finds that more than half of Americans couldn't pay for an emergency expense. Financial coach and author Charlotte Stallings has some advice for getting back on track.
Here are the US states where you’ll pay less individual income tax in 2024
Several U.S. states are lowering individual income tax rates this year, meaning more financial relief for American taxpayers.
Several U.S. states are lowering individual income tax rates this year, meaning more financial relief for American taxpayers.
IRS to start simplifying notices to taxpayers this year
The IRS on Tuesday announced that it will redesign and simplify the long and often complicated notices it sends to taxpayers every year.
The IRS on Tuesday announced that it will redesign and simplify the long and often complicated notices it sends to taxpayers every year.
Social Security is coming for a bigger chunk of your paycheck
The portion of personal income subject to the Social Security tax has increased to $168,600 this year from $160,200 in 2023.
The portion of personal income subject to the Social Security tax has increased to $168,600 this year from $160,200 in 2023.
Read this before you sign up for a college credit card
Signing up for financial products your college is offering can sometimes be the worst deal, a recent CFPB report said.
Signing up for financial products your college is offering can sometimes be the worst deal, a recent CFPB report said.
Uplift Harris program: Nearly 60K applications for $500 guaranteed monthly income
Nearly 60,000 households have applied for the Uplift Harris program that will provide $500 a month to up to 1,900 low-income households for 18 months.
Nearly 60,000 households have applied for the Uplift Harris program that will provide $500 a month to up to 1,900 low-income households for 18 months.
Mortgage rates finally expected to dip below 6 percent in 2024, but affordability remains low
Mortgage rates are trending down, likely to go below 6% by the end of the year, but most housing still remains unaffordable to the average American.
Mortgage rates are trending down, likely to go below 6% by the end of the year, but most housing still remains unaffordable to the average American.
Your significant other expects you to spend over $100 on Valentine's Day
Americans in relationships believe their partners expect them to spend an average of $157.52 on gifts this Valentine's Day, according to a recent Trustpilot survey.
Americans in relationships believe their partners expect them to spend an average of $157.52 on gifts this Valentine's Day, according to a recent Trustpilot survey.
New car purchases are on the rise, but there are insurance implications
Consumers are buying new vehicles more often with sales increasing by over 13% in 2023.
Consumers are buying new vehicles more often with sales increasing by over 13% in 2023.
Congress agrees upon child tax credit expansion
Congress's top tax writers are pushing a new bipartisan tax agreement which includes numerous tax breaks for parents and U.S. companies. FOX News Correspondent Rebekah Castor breaks down the numbers.
Congress's top tax writers are pushing a new bipartisan tax agreement which includes numerous tax breaks for parents and U.S. companies. FOX News Correspondent Rebekah Castor breaks down the numbers.
Inflation rate: Companies maintain high prices
Although inflation continues to slow down, from a one-time high of more than nine percent, a lot of consumers are still finding prices stubbornly high. FOX 26 Business Reporter Tom Zizka says many of the companies that make things we buy want to keep it that way.
Although inflation continues to slow down, from a one-time high of more than nine percent, a lot of consumers are still finding prices stubbornly high. FOX 26 Business Reporter Tom Zizka says many of the companies that make things we buy want to keep it that way.
Biden cancels student loan debt for another 74K borrowers
Of the 74,000 borrowers approved for relief Friday, the administration said nearly 44,000 of them are teachers, nurses, firefighters and others with public service careers.
Of the 74,000 borrowers approved for relief Friday, the administration said nearly 44,000 of them are teachers, nurses, firefighters and others with public service careers.
US inflation slows, companies sticking with high prices for products
Inflation continues to slow from a one-time high of more than 9%, but a lot of consumers are still finding prices are stubbornly high because many of the companies we buy from like it that way.
Inflation continues to slow from a one-time high of more than 9%, but a lot of consumers are still finding prices are stubbornly high because many of the companies we buy from like it that way.
Mortgage rates drop to lowest level since last spring: Freddie Mac
With home prices and interest rates falling, the housing market is becoming slightly more affordable this year.
With home prices and interest rates falling, the housing market is becoming slightly more affordable this year.
Gas prices climb higher as arctic winter weather impacts production: AAA
The national average cost for a gallon of gas increased by two cents from last week to $3.09, according to AAA.
The national average cost for a gallon of gas increased by two cents from last week to $3.09, according to AAA.
Biden just shortened the timeline to student loan forgiveness for these borrowers
Borrowers already enrolled in SAVE who initially took out $12,000 or less for college may have their loans forgiven soon.
Borrowers already enrolled in SAVE who initially took out $12,000 or less for college may have their loans forgiven soon.
Sugar Land man attempted fraud of $520K, to convert to Bitcoin
Xiaofei Chen was sentenced to prison for aggravated identity theft in connection with a scheme to fraudulently obtain money.
Xiaofei Chen was sentenced to prison for aggravated identity theft in connection with a scheme to fraudulently obtain money.