Federal government made $186B in improper payments last fiscal year
A new Government Accountability Office (GAO) report reveals that improper federal spending surged to $186 billion in 2025. The GAO found that the bulk of these payments happened within the nation’s largest programs.
A new Government Accountability Office (GAO) report reveals that improper federal spending surged to $186 billion in 2025. The GAO found that the bulk of these payments happened within the nation’s largest programs.
Blue Cross Blue Shield to begin $2.67 billion settlement payments
Blue Cross Blue Shield will begin to start sending out payments from a $2.67 billion class action lawsuit for eligible former customers.
Blue Cross Blue Shield will begin to start sending out payments from a $2.67 billion class action lawsuit for eligible former customers.
Nearly half of Gen X workers are delaying retirement as rising costs, stagnant wages drain savings
For Gen X, a generation that should be in its "peak savings years," the prospect of retiring on time has shifted.
For Gen X, a generation that should be in its "peak savings years," the prospect of retiring on time has shifted.
Powell nears end of term as Fed holds rates steady
We are learning the latest this Wednesday as the Federal Reserve left its benchmark interest rate unchanged for the third straight meeting. However, the Fed did signal it could still cut rates in the coming months. The Fed kept its short-term rate at 3.6% and retained language in its statement suggesting the next move would be a rate reduction. LiveNOW’s Anna Marsick is speaking with economic strategist Dan Varroney as Chair Jerome Powell will reportedly step down from his leadership role when his term ends on May 15.
We are learning the latest this Wednesday as the Federal Reserve left its benchmark interest rate unchanged for the third straight meeting. However, the Fed did signal it could still cut rates in the coming months. The Fed kept its short-term rate at 3.6% and retained language in its statement suggesting the next move would be a rate reduction. LiveNOW’s Anna Marsick is speaking with economic strategist Dan Varroney as Chair Jerome Powell will reportedly step down from his leadership role when his term ends on May 15.
Fed holds rates steady in Powell’s possible final chair meeting — What comes next?
The Federal Reserve held its benchmark interest rate steady at 3.6% for the third consecutive meeting but indicated it may cut rates in the coming months.
The Federal Reserve held its benchmark interest rate steady at 3.6% for the third consecutive meeting but indicated it may cut rates in the coming months.
Spirit Airlines’ $500 million rescue funding talks face setback
Spirit Airlines’ efforts to secure a $500 million financial lifeline hit a significant roadblock as lenders balk at the terms of the proposed rescue package.
Spirit Airlines’ efforts to secure a $500 million financial lifeline hit a significant roadblock as lenders balk at the terms of the proposed rescue package.
BP profit doubles as US gas prices hit highest levels since Iran war began
Petroleum giant BP has earned more than double its profit since the conflict with Iran began two months ago, far exceeding last year’s total.
Petroleum giant BP has earned more than double its profit since the conflict with Iran began two months ago, far exceeding last year’s total.
Five financial mistakes Americans in their 30s and 40s are making, expert warns
Even small changes to everyday financial habits could make a major impact on long-term wealth, one expert is saying.
Even small changes to everyday financial habits could make a major impact on long-term wealth, one expert is saying.
Record number of Americans say their financial outlook is ‘getting worse’
A new survey finds rising costs still dominate Americans’ concerns, with a record share saying their financial situation is getting worse. Here’s what to know.
A new survey finds rising costs still dominate Americans’ concerns, with a record share saying their financial situation is getting worse. Here’s what to know.
Social Security May payment schedule: Here’s when recipients get their checks
Social Security May payment dates are set for millions of Americans. Here’s when recipients can expect to receive their checks.
Social Security May payment dates are set for millions of Americans. Here’s when recipients can expect to receive their checks.
United Airlines drops merger pursuit with American, CEO Kirby details why
United Airlines on Monday announced that it's ending its pursuit of a potential merger with American Airlines after its rival rebuffed an initial approach to discuss a deal.
United Airlines on Monday announced that it's ending its pursuit of a potential merger with American Airlines after its rival rebuffed an initial approach to discuss a deal.
These are the best entry-level jobs in 2026, data suggests
WalletHub ranked the best entry-level jobs based on opportunity, growth potential, and job safety.
WalletHub ranked the best entry-level jobs based on opportunity, growth potential, and job safety.
Budget airlines push for up to $2.5 billion in government relief
Budget airline executives are calling for substantial financial support as skyrocketing fuel costs force carriers to overhaul their business models to alleviate rising expenses.
Budget airline executives are calling for substantial financial support as skyrocketing fuel costs force carriers to overhaul their business models to alleviate rising expenses.
Most Americans blame Trump for rising gas prices, poll finds
A Reuters/Ipsos poll finds that a majority of Americans blame President Donald Trump for rising gasoline prices following the U.S.-Israel conflict with Iran.
A Reuters/Ipsos poll finds that a majority of Americans blame President Donald Trump for rising gasoline prices following the U.S.-Israel conflict with Iran.
College grads enter tough hiring market: Some tips to help with the job hunt
As graduates enter a challenging job market marked by rising unemployment and experience gaps, experts suggest building resilience and leveraging AI tools to help navigate the transition into the real world.
As graduates enter a challenging job market marked by rising unemployment and experience gaps, experts suggest building resilience and leveraging AI tools to help navigate the transition into the real world.
Nike to cut 1,400 jobs, the 2nd round of layoffs this year
Nike is laying off about 1,400 employees, as it responds to restructuring efforts. Here's what to know.
Nike is laying off about 1,400 employees, as it responds to restructuring efforts. Here's what to know.
Almost half of Americans say economy is in bad shape and getting worse, survey shows
Americans confidence in the economy has plunged based on findings in a new poll, with the widespread pessimism driven in part by soaring gas prices and the U.S.-Iran conflict.
Americans confidence in the economy has plunged based on findings in a new poll, with the widespread pessimism driven in part by soaring gas prices and the U.S.-Iran conflict.
Renters see $2,300 in savings as rent growth cools to 2020 levels
A new housing report reveals that renters in the U.S. are seeing significant financial relief as the national median rent continues a significant downward trend.
A new housing report reveals that renters in the U.S. are seeing significant financial relief as the national median rent continues a significant downward trend.
Capital One $425M settlement approved: Here's who qualifies for payments
Capital One has agreed to pay $425 million to settle a lawsuit alleging it paid lower interest rates on older savings accounts without notifying customers of the option for higher yields.
Capital One has agreed to pay $425 million to settle a lawsuit alleging it paid lower interest rates on older savings accounts without notifying customers of the option for higher yields.
United Airlines ticket prices may increase amid surging jet fuel costs, company says
United Airlines said ticket prices could rise 15%–20% due to surging jet fuel costs.
United Airlines said ticket prices could rise 15%–20% due to surging jet fuel costs.