Bipartisan marijuana banking bill in peril amid year-end scramble in Congress
Known as the Secure and Fair Enforcement (SAFE) Banking Act, the bill seeks to allow legal, legitimate marijuana businesses to access financial services by creating a safe harbor for banks and credit unions.
Wall Street may get much worse in 2023 before it gets better
Many analysts expect stocks to end 2023 around their current range, if not a bit higher. But before that, much of Wall Street is also forecasting stock prices to fall sharply in the interim.
Unclaimed $1M Mega Millions ticket sold in DFW will expire soon
Time is running out for a lucky North Texan to claim a $1 million Mega Millions jackpot.
How Federal Reserve’s series of rate hikes could affect your finances
As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.
US lawmakers announce 'framework' on bill to avoid government shutdown
Congress faces a midnight Friday deadline to pass a spending bill to prevent a partial government shutdown.
Fed raises key interest rate by half a point, signals more to come
The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.
Americans say holiday gifts harder to afford
More than half of U.S. adults say it’s harder to afford the holiday gifts they want to give this year.
US alleges Bankman-Fried defrauded FTX cryptocurrency customers, investors
Samuel Bankman-Fried, 30, was arrested Monday in the Bahamas at the request of the U.S. government, which charged him with eight criminal violations.
US inflation slowed to 7.1% over past 12 months
This is the fifth straight month with a slowdown.
GoFundMe reveals most generous states, cities in 2022
Do you live in a generous state or city? Here’s what GoFundMe says.
Still missing your tax refund? The IRS will soon pay you 7% interest
Taxpayers still waiting to receive their 2021 tax refund will soon be paid 7% interest on the money by the IRS – but the money is taxable.
Job growth spikes in November, interest rates expected to continue rising
The economy added more than 260,000 jobs in November and wages increased, but economic uncertainty is still a concern for many Americans. Here’s how to manage your finances today.
Rail workers say deal to avoid strike won't resolve quality-of-life concerns
Workers and their unions say the deal doesn't do enough to address their quality-of-life concerns and doesn't add any sick days.
Experts: Dallas-Fort Worth home prices expected to fall in 2023, but not by much
The number of homes sold in the 100 largest housing markets this October was half of last year, according to the Knock Buyer-Seller Market Index. While that may start to give home buyers more power, experts say high-interest rates are preventing a true buyer's market.
Senate moves to avert rail strike; bill heads to Biden's desk for signature
Shortly before Thursday's votes, Biden defended the contract that four of the rail unions had rejected.
House passes bill to avert railroad strike, impose deal on unions
If an agreement wasn't reached before a Dec. 9 deadline, the unions threatened to strike -- which would have devastating effects on the U.S. economy.
Biden asks Congress to block potential railroad strike
President Joe Biden is calling on Congress to pass legislation to intervene and block a railroad strike before next month’s deadline in the stalled contract talks.
Texas job growth expected to slow in 2023, report shows
Economists say it is a good time to prepare for a potential recession.
Cyber Monday deals lure in shoppers amid high inflation
Consumers are hopping online to find more discounts on gifts that have increased in price due to inflation. The popular online shopping day is projected to rake in more than $11 billion in sales.
Idaho man wins $50,000 after buying 'first and only' lotto ticket
Even after his kids confirmed the big win, he went back to the store where he purchased the ticket to make sure it was real.