Gift ideas that support small businesses

These small businesses have some BIG ideas when it comes to gift giving.

US Postal Service records whopping $6.5 billion net loss for 2023

The U.S. Postal Service has posted a $6.5 billion net loss for fiscal year 2023 with operating revenue falling by $321 million.

Starbucks workers union calls for walkouts at hundreds of stores ahead of holiday season

The holidays are just around the corner, and that means Starbucks is gearing up to offer free drinks for its Red Cup Day promotion. It also means workers at hundreds of the coffee chain's locations will be AWOL. 

Peoria establishes new start date for Amusement Tax
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West Valley businesses that got hit with surprise tax bills about two months ago are getting a bit of a break. Peoria businesses related to dance, gymnastics and martial arts were surprised by the Amusement Tax. The Peoria City Council has approved a new start date for the tax -- 18 businesses will have to start paying the fees beginning Jan. 1. The city council is also working to waive the businesses' back taxes and find ways to reduce financial stress.

Donald Trump’s lawyers focus on outside accountants who prepared his financial statements

Donald Trump’s lawyers are digging into an outside accounting firm’s role in preparing financial statements at the heart of New York Attorney General Letitia James’ lawsuit.

Record number of Americans moving to disaster prone areas

Despite recent natural disasters, places known for climate risk are becoming popular destinations for homeowners.

Credit card balances grow $48 billion in the third quarter: NY Fed

Credit card balances spiked by $154 billion year over year, notching the most significant increase since 1999, according to the New York Fed.

Alarming number of Americans fall deeper into credit card debt each month: survey

Americans owe more than $5,000 in credit card debt on average and in times of high inflation and rising interest rates, they are relying on credit cards more than ever before. But there are ways to pay off debt quickly.

Donald Trump Jr. returns to the stand as defense looks to undercut New York civil fraud claims

Donald Trump Jr. has returned to the stand in New York City as defense lawyers start calling witnesses in the civil fraud trial that threatens his father’s real estate empire.

Chipotle founder opening robot-powered, meat-free restaurants

Each store will be manned by 3 people who will team up with robots to make meat-free burgers, faux chicken sandwiches, salads and acai bowls.

TSMC helps AZ Pops fill largest popsicle order

A small local business is benefitting big time as major corporations move to the Valley. The owner of AZ Pops recently filled one of their biggest orders. FOX 10's Lindsey Ragas reports.

Lectric e-bikes in Phoenix
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Electric bikes are all the rage and Lectric, a company started by two men that attended Grand Canyon University, has become one of the largest electric e-bike companies in the U.S. FOX 10's Cory McCloskey has the details.

Retirement savings are getting sucked up in a financial vortex: Goldman Sachs

U.S. workers have upped their retirement savings, but competing spending continues to challenge most from reaching their goals, a recent Goldman Sachs Asset Management (GSAM) retirement report said.

Gas prices’ steady decline might gain momentum as holidays approach: AAA

Nationwide gas prices continue to fall as demand likely remains flat. The steady decline could accelerate following recent drops in the price of oil, according to AAA.

Planet Fitness considers raising its $10 membership fee

The fitness chain’s interim CEO discussed a potential price hike on memberships, a move the company has not made in years.

IRS sets new tax brackets, standard deduction for 2024

The IRS makes such adjustments annually, but in times of inflation, the increases are more significant and impactful for taxpayers.

Ivanka Trump testifies in her dad's civil fraud trial
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Ivanka Trump claims she had no role in her father's personal financial statements, echoing testimonies made by her two brothers. Ivanka also said she has not worked for the family firm since 2017. Donald Trump's eldest daughter is the last family member to take the stand in his $250 million civil fraud trial.