Alli McCartney and Bob Elliott: Inflation will have a ‘lag effect’ on American consumerism and the stock market
UBS Private Wealth Management managing director Alli McCartney and Unlimited CEO and CIO Bob Elliott warn the rest of the year is going to be tough on stocks, bonds, and food inflation.
Jeremy Wells on small KY town home to six budget retailers: People aren’t ‘upset’ about it
Carter County Times editor Jeremy Wells reacts to Olive Hill, Kentucky being home to six discount retailers on ‘The Big Money Show.’
NFL ownership is about to radically change: Mark Patricof
FOX Business’ Connell McShane reports on one firm aiming to change the way professional athletes invest and how it could alter the NFL ownership landscape.
Sam Bankman-Fried hit with fresh indictment, more charges
The U.S. Attorney's Office for the Southern District of New York has filed a third, superseding indictment against FTX founder Sam Bankman-Fried, adding further charges.
High inflation costing Americans an extra $395 a month
U.S. households are paying more for necessities like food, gasoline and rent, which is costing them on average an extra $395 a month, according to Moody's.
Budget watchdog sounds alarm over US debt exceeding records in just 5 years: 'Chilling'
A $20 trillion increase to the U.S. budget in a decade means "someone down the road is going to pay for it," Committee for a Responsible Federal Budget's Maya MacGuineas says.
Fidelity: Retirement account balances are down from a year ago but rebounding
Research from Fidelity Investments found that Americans' average IRA and 401(k) balances were down at the end of last year compared to a year ago but are rebounding.
Credit card debt higher than savings for record percentage of Americans
A record percentage of U.S. adults say their credit card debt is now higher than their emergency savings as stubbornly high inflation chews away at consumers' budgets.
US debt default deadline looms this summer or early fall, ‘urgent need’ for Congress to act: BPC
The Bipartisan Policy Center said that the "X date" on which the debt limit will need to be raised to avoid default will arrive this summer or early fall, depending on tax revenue.
$2 bills from 1890 could be worth over $4,500: report
Americans who have $2 bills in their homes should check the bank notes for their series year and seal to see if what they have could be worth big bucks.
Subway adds EV charging parks in competition with Starbucks
Subway is placing electric vehicle (EV) charging parks near some of its sandwich shops in the future, according to a press release the company put out Tuesday.
Supreme Court hears arguments on whether Twitter Is liable in terror case
Twitter and other social-media companies have deflected blame saying in court filings that they have made extensive efforts to remove Islamic State content.
Rising inflation pushed Americans to pick between paying their bills or saving for the future: Allianz
Continued market volatility in the U.S. economy caused many Americans to report that they had to cut down on saving for the future, according to a recent Allianz survey.
Winner of $1.35B Mega Millions jackpot comes forward to claim reward
The winner of a $1.35 billion Mega Millions jackpot — the fourth-largest in U.S. history — has come forward to accept their winnings, according to Maine lottery officials.
Stablecoins attract scrutiny in SEC’s drive to control crypto
The SEC is investigating whether stablecoins, cryptocurrencies that maintain a price of $1, are among the products that were issued in violation of investor-protection laws.
Court allows the PGA Tour to directly sue LIV Golf’s Saudi backers
The legal action began last summer when Phil Mickelson and 10 other golfers who bolted for LIV sued the Tour, arguing it had behaved as a monopolist in barring them from Tour events.
Survey points to significant layoffs in 2023 – Here's how to safeguard your finances from a job loss
Sixty-one percent of U.S. companies said they plan to lay off employees in 2023 and are likely to pause hiring this year, according to a ResumeBuilder.com survey.
Biden admin declines to overrule trade court's import ban on Apple Watch
The Biden administration declined to block the U.S. International Trade Commission's import ban on Apple Watches that allegedly infringed on AliveCor's patented technology.
IEX taps potential partner for regulated crypto exchange
Brad Katsuyama and his staff are now in talks with publicly traded cryptocurrency exchange Coinbase to create a federally approved digital asset marketplace.
FTC alleges supplement company ‘Hijacked’ Amazon reviews to boost sales
The FTC said Bountiful had ‘hijacked’ consumer ratings from some of its products to benefit others. Bountiful said consumers weren’t misled about supplements.