Final fourth quarter GDP revised upwards as consumer spending rises
The final estimate for real gross domestic product (GDP) in the fourth quarter of 2023 was revised upwards, showing that the U.S. economy grew.
Biden 'doesn't have a plan' on Social Security solvency, Treasury secretary says
Treasury Secretary Janet Yellen told lawmakers that President Biden “doesn’t have a plan" when it comes to preventing Social Security from running out of funds.
Fed said interest rates will be reduced this year, just not now
On Wednesday, the Federal Reserve announced that it would maintain the federal funds rate at a range of 5.25% to 5.5%.
Biden 'cancels' nearly $6B in student loans for public sector workers
Around 78,000 public sector workers are about to have their student loans canceled in a $5.8 billion plan announced by President Biden Thursday,
Pennsylvania Lottery stops Mega Millions sales ahead of massive $875M draw
The Pennsylvania Lottery has shut down sales for the Mega Millions and Powerball draws Tuesday as it undergoes a system upgrade.
Lottery winner claims colossal $1.765B Powerball ticket from October
A person representing a group of lottery players has come forward to claim October's massive $1.765 billion Powerball jackpot win
LARRY KUDLOW: Why should the Fed get tangled up in election-year politics?
FOX Business host Larry Kudlow predicts how the Federal Reserve will move in an election year on Friday's "Kudlow."
Winning $2M Mega Millions ticket sold in California, jackpot swells to $687M
A California resident won a $2.1 million lottery prize in the latest Mega Millions drawing on Tuesday. The jackpot has climbed to an estimated $687 million.
Embattled bank NYCB lands $1B investment from group including Mnuchin's firm
Troubled regional lender New York Community Bank announced Wednesday that it secured a $1 billion investment from a group that includes former Treasury Secretary Steve Mnuchin's firm.
Mississippi, Kansas, other top states where you can comfortably save money
Mississippi, Kentucky, Kansas and other states require less than $50,000 annually to make a living wage. States like Hawaii and New York require over $100,000.
New IRS crackdown on 'high-income' tax cheats owing hundreds of millions
The IRS has announced a large scale crackdown on high earning tax cheats who owe the agency hundreds of millions of dollars in unpaid taxes.
401(k) plans include these hidden benefits you need to know about
Uncover the hidden advantages of a 401(k) beyond savings. From employer matches to tax efficiency and creditor protection, maximize your retirement strategy.
Apple products, including Vision Pro, still available in Russia despite company's export ban: report
Apple suspended exports to Russia, and the company's website remains inactive since the start of the Ukraine invasion, but resellers have acquired the products through third-party vendors.
Mortgage rates creep toward 7%, straining homebuyer affordability: Freddie Mac
The average 30-year fixed-rate mortgage was 6.9% for the week ending Feb. 22, according to Freddie Mac's latest Primary Mortgage Market Survey.
'Wolf of Wall Street' says college a 'complete waste of time' for most students: 'Avoid it like the plague'
"Wolf of Wall Street" Jordan Belfort argued more young people would benefit from financial literacy classes and said for most degrees college has proved to be "a waste of time."
Capital One to acquire Discover Financial
Capital One is planning to buy Discover Financial Services that would bring the two large credit card issuers and lenders together, the company announced Monday.
US dollar to remain world's reserve currency, Fed's Waller says
The Fed's Christopher Waller said that he expects the U.S. to remain the world's leading reserve currency given a lack of practical alternatives and the dollar's status as a safe haven.
Lyft's earnings report typo sends shares soaring
A typo in Lyft's earnings report sent the ride-sharing platform's stock soaring on Tuesday, and the company's momentum continued Wednesday even after a correction was issued.
Bitcoin climbs to over $50,000 as value continues to recover
The original cryptocurrency, Bitcoin, is currently worth over $51,000 per token after continuing its recovery from a major collapse in value during 2022.
Paramount Global laying off 3% of workforce, despite Super Bowl ratings record
Paramount Global is laying off 800 employees to cut costs and return to earnings growth as the media industry grapples with streaming dominance and the fallout from Hollywood strikes