Why your tax refund could be smaller than last year

If you're expecting a tax refund, it could be smaller than last year. And with inflation still high, that money won’t go as far as it did a year ago.

Elizabeth Holmes, Theranos founder, loses bid to avoid prison during appeal

A federal judge has ruled that disgraced Theranos founder Elizabeth Holmes must report to the federal Bureau of Prisons and begin serving her sentence while the appeal of her fraud convictions is pending. 

Many Americans plan to use their tax refunds to build savings in 2023, survey says

Americans challenged by inflation and rising costs plan to save less than $5,000 in 2023 and many are relying on tax refunds to make ends meet, a recent TaxAct survey said.

Elon Musk says owning Twitter is 'painful' but needed to be done

Billionaire Elon Musk has told the BBC that running Twitter has been “quite painful" but that the social media company is now roughly breaking even after he acquired it late last year.

More Americans taking 'side hustles' to make ends meet

In today's expensive world, many Americans are turning to side hustles to make ends meet. From pet-sitting to food delivery, people are taking on extra work to pay for unexpected expenses and to gain disposable income.

Phoenix Beer Co. celebrates Suns' Al McCoy's legendary career
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The Phoenix Beer Co. is honoring longtime Suns announcer Al McCoy as he?s retiring after 51 years. FOX 10's Desiree Fluellen shows us the limited edition can celebrating his success.

Medicare beneficiaries would need more than $300,000 for healthcare costs in retirement: EBRI

Medicare beneficiaries in retirement would need to have saved anywhere from $96,000 to $383,000 to cover most of their healthcare needs, according to EBRI. The organization found that in general, Medicare Advantage enrollees have lower savings targets. But these private industry plans have their pros and cons.

Arizona AG seeks public opinion on proposed Albertsons, Kroger merger
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Arizona Attorney General Kris Mayes is holding more listening sessions to hear public opinion on the proposed merger between Albertsons and Kroger. The April 11 session will be held at 5 p.m. at the Southwest Mountain States Carpenter's Union Hall near 34th Avenue and McDowell Road.

Tesla announces big plans for cheaper iron-based batteries

Tesla Inc. is planning to install iron-based batteries that are not only cheaper, but less of a fire hazard, in a version of an affordable electric vehicle and a semi heavy electric truck, according to reports.

Gas prices increase as OPEC cuts oil production

After OPEC announced it intends to decrease production starting in May, gas prices increased, according to AAA’s latest gas prices report.

Phoenix area-owned business transforming shipping containers
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Shipping containers can often been seen criss-crossing the country, taking items from place to place, and in Phoenix, a business owned by members of the Latino/a community are transforming these containers into just about anything a person or entity needs. FOX 10's Desiree Fluellen has more.

Sweetgreen changes name of chicken burrito bowl, two days after Chipotle sues

Sweetgreen announced it will rename its new menu item, the Chipotle Chicken Burrito Bowl, to Chicken + Chipotle Pepper Bowl after Chipotle Mexican Grill sued the restaurant chain in a California Federal Court for violating their trademark rights.

Most Americans don’t know these financial solutions could help lower their tax burden: survey

Only 2% of Americans can correctly identify financial solutions with tax advantages, despite one in three saying they prioritize investments that would help them pay less in taxes either now or in the future, a recent Lincoln Financial Group survey said.

Are robot waiters the future? Some in restaurant industry think so

Many think robot waiters are the solution to the industry’s labor shortages. But others note how they can’t yet take orders, and many restaurants have steps that they can’t adapt to.

Teens value working for companies with positive environmental impact: Survey

A survey of high schools on what’s important to them in their future careers found they prioritize purpose, specifically addressing sustainability, hunger, and environmental concerns.