Record-high Social Security cost-of-living increase poised to kick in soon
Social Security benefits are set to surge by 8.7% in 2023, the biggest cost-of-living increase in four decades that comes in response to high inflation.
Biden admin quietly adds workaround, making pricey sports cars eligible for EV tax credits
The Biden administration released guidance Thursday showing that any electric vehicle would still be eligible for tax credits if leased despite the strict requirements for purchases.
Consumers are 'right to being pessimistic' about their income: Tomas Philipson
University of Chicago economist Tomas Philipson discusses the Inflation Reduction Act's impact on energy policies, tax changes, and Americans' concerns with the U.S. economy.
Hershey sued for allegedly selling lead and cadmium-filled dark chocolate
A New York man filed a class action lawsuit against Pennsylvania-based Hersey for selling dark chocolate filled with lead and cadmium, according to reports.
We could get there, but it will at least take until end of the century: Steve Koonin
Former Energy Dept. Undersecretary for Science Steve Koonin discusses the unlikely event of attaining a net-zero electoric grid by 2050 on ‘Fox Business Tonight.’
'Liver King' slapped with class-action lawsuit for allegedly deceiving customers by hiding steroid use
"Liver King" Brian Johnson has been hit with a class-action lawsuit alleging the fitness influencer scammed customers by pushing his products while hiding his use of steroids.
IRS updates guidance on 1099-Ks: What to know
The IRS issued an updated frequently asked questions document about common taxpayer questions regarding Form 1099-K, including the recently delayed $600 reporting threshold.
Manchin slams Treasury Department for delay on electric vehicle tax credits
Democratic West Virginia Sen. Joe Manchin on Thursday slammed the Treasury Department over its decision to delay its rules on tax credits for electric vehicles.
It would be a wise move for Bankman-Fried to enter a plea: Bruce Dubinsky
Dubinsky Consulting founder Bruce Dubinsky breaks down how prosecutors built the Sam Bankmam-Fried case and what evidence they will use to prove he committed fraud on 'The Claman Countdown.'
Inflation, market volatility pushes most Americans to set money goals in 2023: report
Many Americans are looking to improve their finances, and are planning ahead for 2023. Here's what you can do to achieve your financial goals.
Mega Millions jackpot balloons to $640M
Friday's Mega Millions jackpot jumped to an estimated $640 million, with a cash prize option of $328.3 million, after no one matched all six numbers on Tuesday.
Exxon sues EU in move to block new windfall tax on oil companies
The EU believes Exxon and Chevron capitalized on an energy crisis and should be fined. The companies, want the money to invest in energy infrastructure.
Credit scores steady, but auto, credit cards flash warning
Credit scores remained relatively steady in November, while auto loan delinquency rates and average credit card balances saw YOY increases, VantageScore found.
San Diego County is unable to ‘sustain’ this migrant surge: Jim Desmond
San Diego County Supervisor Jim Desmond shares his perspective on the border crisis as the federal government recently dropped off approximately 1,000 migrants in San Diego County.
Ukrainian tycoon arrested in French ski resort in bank probe
Ukrainian businessman and former lawmaker Kostiantyn Zhevago was arrested by French police in a hotel in the French Alps due to the suspicion of embezzling more than $100 million.
Nearly half of workers don't have a 401(k): Here's how you can start saving
Nearly half of private sector workers don’t have access to a 401(k) at work, but you can open an IRA and take other steps to save for retirement.
This is a reflection of the electricity crisis across the US: Mandy Gunasekara
Former EPA Chief of Staff Mandy Gunasekara discusses the reasoning behind why Americans are experiencing rolling blackouts and power grid struggles on ‘Fox Business Tonight.’
US probes how $370 million vanished in hack after FTX bankruptcy
DOJ in a case separate from the fraud case, for which SBF was extradited to the US for, is looking for $370 million in missing funds from the bankrupt FTX.
Pandemic learning loss could cost students $70,000 in lifetime earnings
Students slammed by the pandemic and the choices politicians made to shut schools, are behind developmentally both socially and with concepts such as math.
New year's financial resolutions: Americans plan to take caution in 2023
New Year’s financial resolutions include saving more money and paying down debt, according to a survey by Fidelity Investments. Here’s how to keep your finances on track in 2023.