Houston weather: Excessive heat and how it affects the economy

Long stretches of heat advisories in Houston will have a negative impact on the local economy, says a professor of economics.

Texas tax-free weekend for back to school: Sales tax holiday Aug. 11-13

Texas tax-free weekend for back to school essentials like clothing, shoes, school supplies and backpacks begins Friday, Aug. 11, and goes through midnight Sunday, Aug. 13.

Harris County, Houston struggle with soaring housing costs: New report reveals alarming trends

The burden of housing costs for renters in Harris County and Houston has reached a critical point, as a recent report by the Kinder Institute for Urban Research exposes alarming findings.

Money: 401K withdrawals, other alternatives
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This tough economy is leading more people to tap into their retirement accounts for cash. But this short-term fix can mean a long-term loss for your retirement. FOX 26 Consumer Reporter Heather Sullivan has Smart Sense on other options to make ends meet.

Gen Z weighs in on tipping culture
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Bankrate's survey reveals Gen Zers are the worst tippers. FOX 26 interns give us their take on tipping culture.

The cost of 401k withdrawals and other options for emergency cash

The Transamerica Center for Retirement Studies surveyed 5,700 workers at for-profit companies and found 30% had taken a loan on their retirement funds, and 21% had taken an early or hardship withdrawals.

Federal Reserve raises key interest rate for 11th time by a quarter-point in effort to slow inflation

The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months, a streak of hikes that are intended to curb inflation but that also carry the risk of going too far and triggering a recession.

Mega Millions jackpot jumps to $820 million

Tuesday's drawing is now the fifth largest Mega Millions jackpot in the history of the game.

Powerball: What you need to know before you play for $1B jackpot

The new jackpot for Wednesday’s drawing would be the seventh highest in U.S. history and the third largest for Powerball.

Student loans: More than half of borrowers say they may miss a payment

Many student loan borrowers are worried they'll miss at least one payment when repayment begins, according to a survey by Morning Consult. But the Biden administration announced new student loan relief initiatives after the Supreme Court shut down its student loan forgiveness plan.