US national debt surpasses record $40 trillion

The national debt for the United States has now surpassed $40 trillion for the first time in history. 

US credit card debt hits $1.26 trillion as delinquencies rise: What you can do

A rise in delinquent credit card payments is “prompting concerns that Americans are falling behind on their debt payments at rates not seen since the Great Recession," the New York Fed says.

New Social Security COLA estimates released after fresh inflation data

Social security recipients are on track to receive a larger cost-of-living adjustment in 2027, with early estimates coming in between 3.2% and 3.6%, according to a new analysis released after fresh inflation data. 

Powerball jackpot hits $1 billion ahead of next drawing

The Powerball jackpot has reached an estimated $1 billion ahead of the next drawing, making it one of the largest in the game's history, according to lottery officials.

New study reveals Americans feelings on free enterprise, capitalism and socialism

A new poll offers insight into how Americans view different economic systems, highlighting public consensus and division over the trade-offs, benefits, and disadvantages of each approach.

Powerball jackpot surges to $856 million

The Powerball jackpot has now climbed to one of the top 10 largest in the game's history.

Elon Musk launches bank-like X Money, with 'X'-branded debit cards

X is taking a major step into personal finance with X Money, where users get a “X"-branded Visa debit card that they can use at ATMs, and a feature that allows them to make money transfers.

Buc-ee's reveals managers can earn up to $275K without college degree

Popular gas station chain Buc-ee's has sparked an online debate after displaying signs advertising employee pay, including salaries of up to $275,000 a year for some store managers without a college degree.

30% of Americans admit to shoplifting, annual survey finds

More Americans say they're turning to shoplifting as inflation and financial strain continue to squeeze budgets. A new survey reveals who's stealing and what they're taking.

Economist warns coming financial crisis will make 2008 look like 'Sunday school picnic'

As gold prices keep rising, American economist Peter Schiff says investors should view the rally as more than a hedge — calling it a warning that inflation is speeding up, the U.S. dollar is losing global trust and a major economic reckoning may be near.

Powerball jackpot surges to $1 billion for Saturday's drawing

Lottery players will have another chance to win this huge cash prize after no ticket matched all the winning numbers from Wednesday night's drawing.

Fed cuts key interest rate, signals two more this year

The Federal Reserve has faced ongoing pressure from President Donald Trump to lower interest rates. However, the central bank has chosen to keep rates unchanged since late 2024.

Americans value college less than ever, but here’s what salary data says

A Gallup poll shows fewer Americans consider college essential, but new Census data reveals a stark pay gap between workers with degrees and those without.

Fed rate cuts: What they mean for you

The Federal Reserve is meeting Tuesday to decide whether to lower interest rates. Here’s what a cut would mean for mortgages, credit cards, auto loans, savings accounts and investments.