Money

Cost of raising a child on the rise: study

FOX Business’ Lydia Hu breaks down the Brookings Institute’s latest estimates that indicate the cost of raising a child from birth through high school now surpasses $300,000.

GDP increased in the 4th quarter, easing recession fears

GDP increased in the fourth quarter of 2022, according to the latest estimate by the BEA. Despite overall positive economic indicators, Americans are still struggling with inflation and are turning to credit to cover higher expenses.