When could Social Security run out of money? Fund faces insolvency earlier than expected
Social Security and Medicare face long-term shortfalls that could lead to smaller payments.
Many electric vehicles to lose big tax credit under proposed new rules
Fewer new EVs will qualify for a full $7,500 federal tax credit under the rules proposed Friday by the U.S. Treasury Department.
First Citizens to acquire troubled Silicon Valley Bank, FDIC says
Customers of Silicon Valley will automatically become customers of First Citizens, which is headquartered in North Carolina.
MacKenzie Scott launches new 'open call' to donate $250 million to nonprofits
Since 2019, when she pledged to donate the majority of her wealth, MacKenzie Scott has given more than $14 billion in unrestricted funds to 1,600 nonprofits.
Virginia man wins lottery with 2 Powerball tickets in same drawing
Ben Baker bought a total of 10 tickets with two of them having the winning the numbers.
Egg prices still up 55% over last year despite slight reduction in February
In the CPI data, egg prices in February posted a 55% increase in the one-year span from the same month the prior year.
Most seniors say the US is suffering a retirement crisis and many are struggling to save: Survey
Eighty-nine percent of seniors said they are worried that the U.S. is in the grip of a retirement crisis and nearly half are struggling to build their savings, according to American Advisors Group's (AAG) recent survey.
2 failed banks, February inflation remaining high put Fed in tough spot
The government reported Tuesday that February prices were still elevated, which could drive another interest rate hike. But the collapse of two banks in recent days has the potential to stop it.
Dallas-based Alto offers ride-share deals after Silicon Valley Bank crisis
Over the weekend, Alto reached out to customers to reassure them of their long-term strength but also to ask for their support to improve their liquidity position in the short term.
Silicon Valley Bank collapse: Mark Cuban says Fed should 'immediately' take this action
Entrepreneur and Dallas Mavericks owner Mark Cuban has demanded the Federal Reserve take action and assume responsibility following the collapse of Silicon Valley Bank (SVB) Friday.
Silicon Valley Bank seized by regulators
Silicon Valley Bank, known as SVB, is the largest bank failure since the height of the 2008 financial crisis.
Texas House speaker prioritizes teacher mentorships over pay raises
Texas teachers have made it clear they want lawmakers to grant them a raise this legislative session. But House Speaker Dade Phelan has instead prioritized teacher mentorships.
Man finds winning lotto ticket in drawer days before it expires with wife's help
The man forgot about his winning lottery ticket until his wife saw a news story about it and reminded him to look for it.
Powell signals increased interest rate hikes if economy stays strong
Chair Jerome Powell's comments raise the possibility that the Fed will increase its key interest rate by a half-percentage point at its next meeting, after having carried out a quarter-point hike in February.
Car debt piles up as more Americans struggle to make payments
Car repossessions are growing as Americans are still struggling with higher car prices and inflation.
Avoiding Financial Infidelity
Financial Expert Derrick Kinney explains how you can avoid financial infidelity. You can also get more tips from him by listening to his "Good Money" Podcast.
Education industry at highest risk for layoffs over next 6 months: survey
A recent survey reveals that the education sector was the most susceptible to layoffs in 2023 if there's a recession.
Supreme Court hears arguments about Biden's student loan forgiveness plan
The Biden administration says 26 million people have applied and 16 million have been approved to have up to $20,000 in federal student loans forgiven.
Student loan forgiveness to go before Supreme Court: The arguments explained
On Tuesday, the Supreme Court will hear arguments over Biden’s student debt relief plan, which impacts millions of borrowers who could see their loans wiped away or reduced.
Teen tracks down a grandmother who lost her wallet, sparking an unlikely friendship
An Arkansas teenager drove miles to find the owner of a lost wallet. Little did he know the road would lead to a beautiful beginning.