Money

Average gas prices dipped to $3.53 per gallon for the week ending May 11, 2023, AAA reported. The low cost of oil has kept gas prices on the decline despite a rise in gas demand, AAA said.

There are many different ways to give a new college graduate money as a gift. Cash is one way, but other monetary gifts can set them up for future success.

Senate Majority Leader Chuck Schumer is directing his Democratic caucus to alarm constituents with the claim that a debt default could cause a massive recession and unemployment.

Biden has been crying wolf with warnings about budget defaults. Treasury still has the ability to prioritize its payments, so that’s not a realistic danger.

Microsoft signed an historic agreement Wednesday with Washington-based nuclear fusion company Helion Energy to buy electricity from its fusion plant.

JPMorgan Chase CEO Jamie Dimon on Thursday urged Congress to raise the debt ceiling, warning a default has "catastrophic" implications for the economy.

The U.S. government could default on its federal debt by June 1, threatening to trigger a deep recession and halt payments for millions of U.S. households.

The cryptocurrency exchange Binance.US has canceled a deal to purchase the bankrupt crypto exchange Voyager Digital for $1.3 billion.

Fidelity's total assets in health savings accounts (HSA) totaled more than $16 billion. But even as savings increase, some consumers are practicing dangerous financial habits to pay for healthcare.

The Labor Department said Thursday the producer price index climbed just 0.2% in April, a sign that price pressures in the economy are beginning to abate.

Democratic Sen. Joe Manchin joined Republicans to urge the Biden administration to cease pushing an "unrealistic environmental agenda" on the insurance industry.

The U.S. government could default on its federal debt as soon as June 1, putting the economy on the fast track for a "self-inflicted" and "deep" recession.

President Biden slammed Republicans for "holding the economy hostage" by insisting on spending cuts as part of a bipartisan compromise to raise the national debt and avoid default.

Almost half of Americans have withdrawn funds from their 401(k) plans after leaving jobs, with some completely draining their balances. But doing so before reaching retirement age can trigger taxes and penalties. Here’s what you need to know.

Inflation continued to financially burden millions of U.S. households in April as the cost of things like gasoline, used cars and rent marched higher.