Wells Fargo, JPMorgan, Bank of America face federal lawsuit over Zelle payment fraud
The Consumer Financial Protection Bureau says the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payments network Zelle.
The Consumer Financial Protection Bureau says the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payments network Zelle.
Burger chain named as America’s most expensive fast-food restaurant: 'Overpriced'
Customers have complained of price increases at fast-food chains amid inflation.
Customers have complained of price increases at fast-food chains amid inflation.
House rejects government funding bill endorsed by Trump
The House has rejected President-elect Donald Trump’s new plan to fund federal operations and suspend the debt ceiling a day before a government shutdown.
The House has rejected President-elect Donald Trump’s new plan to fund federal operations and suspend the debt ceiling a day before a government shutdown.
Social Security's full retirement age is increasing in 2025: What to know
The full retirement age for Social Security is set to increase in 2025. Here's what to know.
The full retirement age for Social Security is set to increase in 2025. Here's what to know.
What happened to bipartisan spending bill meant to avert government shutdown?
Trump delivered a likely death blow to bipartisan congressional budget negotiations meant to avoid a looming government shutdown. Here's what to know.
Trump delivered a likely death blow to bipartisan congressional budget negotiations meant to avoid a looming government shutdown. Here's what to know.
Data reveals what's more expensive now than 1990 – and what's cheaper
New data from the U.S. Treasury reveals which goods and services have become significantly more expensive — and which ones are cheaper — compared to 1990.
New data from the U.S. Treasury reveals which goods and services have become significantly more expensive — and which ones are cheaper — compared to 1990.
Stock market plunges after Fed announcement
Stocks took a tumble after the Federal Reserve signaled that there may be fewer interest rate cuts in 2025. The Dow Jones Industrial Average fell more than 1,100 points after the Fed's announcement. The declines followed the Fed's widely expected interest-rate cut, its third of 2024. The Nasdaq Composite also dropped 3.6% and the S&P 500 lost nearly 3%. LiveNOW's Andy Mac spoke about today's financial news with David Ragland, Chief Executive Officer of IRC Wealth.
Stocks took a tumble after the Federal Reserve signaled that there may be fewer interest rate cuts in 2025. The Dow Jones Industrial Average fell more than 1,100 points after the Fed's announcement. The declines followed the Fed's widely expected interest-rate cut, its third of 2024. The Nasdaq Composite also dropped 3.6% and the S&P 500 lost nearly 3%. LiveNOW's Andy Mac spoke about today's financial news with David Ragland, Chief Executive Officer of IRC Wealth.
Federal Reserve cuts interest rates by .25 percent
The Federal Reserve cut its key interest rate Wednesday by a quarter-point ? its third cut this year ? but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. The Fed?s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in 2025, down from their estimate in September of four rate cuts. Their new projections suggest that consumers may not enjoy much lower rates next year for mortgages, auto loans, credit cards and other forms of borrowing.
The Federal Reserve cut its key interest rate Wednesday by a quarter-point ? its third cut this year ? but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. The Fed?s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in 2025, down from their estimate in September of four rate cuts. Their new projections suggest that consumers may not enjoy much lower rates next year for mortgages, auto loans, credit cards and other forms of borrowing.
Fed cuts key interest rate by a quarter-point: What does it mean for you?
The Fed announced Wednesday a quarter-point cut to its benchmark rate, from about 4.6% to roughly 4.3%.
The Fed announced Wednesday a quarter-point cut to its benchmark rate, from about 4.6% to roughly 4.3%.
Mega Millions numbers: Jackpot hits $825 million for next drawing
The seventh-largest Mega Millions jackpot in history is up for grabs in the next drawing.
The seventh-largest Mega Millions jackpot in history is up for grabs in the next drawing.
Here's how much PTO workers say they ideally want
Most Americans admit that they don’t use much of their vacation days from work, but say they are willing to pay for extra time off based on a new survey.
Most Americans admit that they don’t use much of their vacation days from work, but say they are willing to pay for extra time off based on a new survey.
Trump's proposed tariffs: what consumer products could be impacted?
President-elect Trump campaigned on using tariffs as a tool to secure more favorable international trade terms and bring in tax revenue, but they could impact the prices paid by consumers for imported products.
President-elect Trump campaigned on using tariffs as a tool to secure more favorable international trade terms and bring in tax revenue, but they could impact the prices paid by consumers for imported products.
Ancient Ten Commandments tablet to auction after decades in obscurity
A 1,500-year-old Byzantine tablet inscribed with the Ten Commandments will be auctioned by Sotheby’s on December 18, with an estimated value of $1-2 million.
A 1,500-year-old Byzantine tablet inscribed with the Ten Commandments will be auctioned by Sotheby’s on December 18, with an estimated value of $1-2 million.
Christmas gift spending per child by state
Want to know how your Christmas gift budget stacks up? Here’s a look at survey results showing how much parents across the country expect to spend per child this year.
Want to know how your Christmas gift budget stacks up? Here’s a look at survey results showing how much parents across the country expect to spend per child this year.
2025 tax brackets: Key changes to know as filing season approaches
Tax brackets have increased by about 2.75%, with the top rate of 37% applying to incomes over $626,350 for single filers and $731,200 for joint filers.
Tax brackets have increased by about 2.75%, with the top rate of 37% applying to incomes over $626,350 for single filers and $731,200 for joint filers.
Here's the median net worth of homeowners vs. renters
Homeownership is often viewed as a primary way to build wealth in the U.S., particularly for low- to moderate-income households.
Homeownership is often viewed as a primary way to build wealth in the U.S., particularly for low- to moderate-income households.
Trump announces $100B investment in the U.S.
Trump joined SoftBank Group CEO Masayoshi Son at his Florida home Monday to announce that the company is planning to invest $100 billion in U.S. projects over the next four years.
Trump joined SoftBank Group CEO Masayoshi Son at his Florida home Monday to announce that the company is planning to invest $100 billion in U.S. projects over the next four years.
Personal finance expert breaks down the No. 1 rule on the road to becoming a millionaire
"The Ramsey Show's" Rachel Cruze explains why getting ahead on retirement savings, making the most of your company's 401(k) plan and not delaying Roth IRAs can lead to millionaire status.
"The Ramsey Show's" Rachel Cruze explains why getting ahead on retirement savings, making the most of your company's 401(k) plan and not delaying Roth IRAs can lead to millionaire status.
Egg prices are higher — and they're not cracking anytime soon
Egg prices rose 8.2% in November.
Egg prices rose 8.2% in November.
Here's the most popular financial goal for next year — and tips for success
Paying down debt tops the list of financial goals for 2025. Here’s how Americans are planning to tackle it, based on expert insights.
Paying down debt tops the list of financial goals for 2025. Here’s how Americans are planning to tackle it, based on expert insights.