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Money

News related to money, savings and the economy.

Fed set to impose another big rate hike to fight inflation

Fed set to impose another big rate hike to fight inflation

Federal Reserve Chairman Jerome Powell Wednesday will address the Fed's plans to raise interest rates until inflation falls, even if it possibly slows economic growth.

July 25, 2022 3:57pm EDT
Mega Millions: Is $810 million worth a $2 ticket? It depends

Mega Millions: Is $810 million worth a $2 ticket? It depends

Is $810 million worth $2? That’s a good question, given it costs $2 to buy a Mega Millions lottery ticket that could pay off with an estimated $810 million prize, the nation’s fourth-largest jackpot.

July 25, 2022 2:29pm EDT
As Mega Millions lottery reaches $790M, here's how to stay safe and secure if you win

As Mega Millions lottery reaches $790M, here's how to stay safe and secure if you win

Lottery players should know these 8 tips ahead of the Mega Millions drawing.

July 24, 2022 5:58pm EDT
Used cars costing consumers $10,000 more than 'normal' as inflation rages

Used cars costing consumers $10,000 more than 'normal' as inflation rages

It's a bad time for consumers looking to buy a used car. 

July 22, 2022 8:05pm EDT
Nearly half of Americans will take on debt this year despite higher borrowing costs: survey

Nearly half of Americans will take on debt this year despite higher borrowing costs: survey

Even with the Federal Reserve expected to raise borrowing rates again next week, adding debt is “not necessarily a bad sign," analysts say.

July 22, 2022 10:27am EDT
Delta passenger explains why he declined $10K offer to give up airplane seat

Delta passenger explains why he declined $10K offer to give up airplane seat

“I think we’ve all agreed that if it ever happened again, we’d be the first ones off the flight,” Jason Aten said.

July 19, 2022 4:14pm EDT
Friends of 35 years keep promise, split $361,527 lottery prize

Friends of 35 years keep promise, split $361,527 lottery prize

Scott Edwards made a pact with his friend Perry Charles that they would split any big lottery wins with each other

July 16, 2022 5:37pm EDT
Here’s how much it costs to have a baby in the US, analysis finds

Here’s how much it costs to have a baby in the US, analysis finds

The jarring figures don't include any spending on the baby after he or she is born.

July 13, 2022 11:29am EDT
US inflation reached 9.1% in June, a new 40-year high

US inflation reached 9.1% in June, a new 40-year high

U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.

July 13, 2022 11:15am EDT
Costco raises prices on food court soft drinks, chicken bake

Costco raises prices on food court soft drinks, chicken bake

Wholesale retailer Costco reported June net sales of $22.78B.

July 11, 2022 10:41am EDT
US employers add a solid 372,000 jobs in sign of resilience

US employers add a solid 372,000 jobs in sign of resilience

America’s employers shrugged off high inflation and weakening growth to add 372,000 jobs in June, a surprisingly strong gain that will likely spur the Federal Reserve to keep sharply raising interest rates.

July 8, 2022 11:59am EDT
Virginia hairdresser shocked after winning $200K lottery

Virginia hairdresser shocked after winning $200K lottery

Elizabeth McCabe, the owner of a hair salon in Virginia, bought a Monopoly Fortunes scratcher ticket where she gets her daily cup of coffee.

July 8, 2022 6:48am EDT
If you want an electric Toyota, you should buy it soon. Here's why

If you want an electric Toyota, you should buy it soon. Here's why

Toyota's electrified vehicles are about to get pricier. Not their list prices, but the total cost to buy one.

July 6, 2022 9:05pm EDT
'We've done something about it': Biden touts rule which aims to rescue pensions for millions

'We've done something about it': Biden touts rule which aims to rescue pensions for millions

President Joe Biden has used an Ohio visit to showcase federal action aimed at shoring up pensions for millions of workers.

July 6, 2022 4:16pm EDT
Rihanna becomes youngest woman billionaire after hitting $1.4B net worth

Rihanna becomes youngest woman billionaire after hitting $1.4B net worth

Rihanna makes her money through her brands, Fenty Beauty and Savage X Fenty.

July 6, 2022 10:17am EDT
Worker disappears after he was accidentally paid more than 300 times his salary

Worker disappears after he was accidentally paid more than 300 times his salary

The worker initially alerted his manager of the massive overpayment.

July 3, 2022 9:03am EDT
Electric vehicle battery myths v. facts: The debate over ‘green’

Electric vehicle battery myths v. facts: The debate over ‘green’

As demand for electric vehicles grows, innovation follows and companies are looking at more environmentally friendly options when it comes to the controversial manufacturing of EV batteries.

July 1, 2022 9:11pm EDT
School districts pricing out parents on record requests by charging tens of thousands in 'exorbitant fees'

School districts pricing out parents on record requests by charging tens of thousands in 'exorbitant fees'

A freedom of information expert from Iowa told Fox News Digital 'that the government is using [public records fees] as a way to place records out of reach of ordinary folks.'

June 27, 2022 3:48pm EDT
IRS tax return backlog swells as Americans await refunds

IRS tax return backlog swells as Americans await refunds

As the IRS wades through backlog of returns, millions of taxpayers are awaiting refunds.

June 25, 2022 1:13pm EDT
Federal Reserve Chair Jerome Powell says rate hikes to be decided 'meeting by meeting'

Federal Reserve Chair Jerome Powell says rate hikes to be decided 'meeting by meeting'

Concerns are growing among some that the Federal Reserve may tighten credit so much that it may cause a potential recession.

June 22, 2022 1:55pm EDT
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