Federal Reserve raises key interest rate by quarter-point
The Fed also warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions" and “weigh on economic activity, hiring and inflation."
The Fed also warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions" and “weigh on economic activity, hiring and inflation."
More people are delaying paying up front
An increasing number of shoppers are leaning on buy now, pay later services -- with many using it to foot the bill for groceries.
An increasing number of shoppers are leaning on buy now, pay later services -- with many using it to foot the bill for groceries.
MacKenzie Scott launches new 'open call' to donate $250 million to nonprofits
Since 2019, when she pledged to donate the majority of her wealth, MacKenzie Scott has given more than $14 billion in unrestricted funds to 1,600 nonprofits.
Since 2019, when she pledged to donate the majority of her wealth, MacKenzie Scott has given more than $14 billion in unrestricted funds to 1,600 nonprofits.
Jewel says her mother 'embezzled' over $100M from the singer
"I didn't really realize what my mom was until I was 30-something. I woke up and realized she embezzled all of my money, over $100 million," Jewel said.
"I didn't really realize what my mom was until I was 30-something. I woke up and realized she embezzled all of my money, over $100 million," Jewel said.
Study finds 186 banks vulnerable to Silicon Valley Bank-like collapse
A new study says that, depending on certain market conditions, nearly 200 U.S. banks could be vulnerable to the same fate as Silicon Valley Bank.
A new study says that, depending on certain market conditions, nearly 200 U.S. banks could be vulnerable to the same fate as Silicon Valley Bank.
Egg prices so high, Dollar Tree pulls them from shelves completely
Eggs will make a return to Dollar Tree when prices fall.
Eggs will make a return to Dollar Tree when prices fall.
Ticketmaster partially refunds fans after The Cure's Robert Smith 'sickened' by company's pricing debacle
Ticketmaster's prices have once again fallen under scrutiny.
Ticketmaster's prices have once again fallen under scrutiny.
Virginia man wins lottery with 2 Powerball tickets in same drawing
Ben Baker bought a total of 10 tickets with two of them having the winning the numbers.
Ben Baker bought a total of 10 tickets with two of them having the winning the numbers.
Bank failures, bailouts divide Congress on next steps
Here is a look at what lawmakers are saying and planning as the fallout continues from the collapse of Silicon Valley Bank and Signature Bank.
Here is a look at what lawmakers are saying and planning as the fallout continues from the collapse of Silicon Valley Bank and Signature Bank.
Gas prices hold steady despite market turmoil: AAA
The national average cost for a gallon of gas held steady at $3.46, even as oil prices plunged to levels not seen since August 2021, AAA said.
The national average cost for a gallon of gas held steady at $3.46, even as oil prices plunged to levels not seen since August 2021, AAA said.
Parent of Silicon Valley Bank seeks bankruptcy protection
The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection.
The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection.
First Republic receives $30-billion rescue from 11 large banks
Meanwhile, Treasury Secretary Janet Yellen is firmly reassuring Congress and the nation that the U.S. banking system remains sound.
Meanwhile, Treasury Secretary Janet Yellen is firmly reassuring Congress and the nation that the U.S. banking system remains sound.
Study shows what $100K is actually worth in the largest U.S. cities
Shocker: If you live in New York or California, $100,000 may not go very far. But, here’s where it will.
Shocker: If you live in New York or California, $100,000 may not go very far. But, here’s where it will.
401k: More Americans are cashing out their retirement funds
Amid high inflation and recent concerns about the health of the country's banking system, many Americans are cashing out their retirement funds, but experts say people need to be careful on this issue. Reporter Garrett Tenney has more.
Amid high inflation and recent concerns about the health of the country's banking system, many Americans are cashing out their retirement funds, but experts say people need to be careful on this issue. Reporter Garrett Tenney has more.
Egg prices still up 55% over last year despite slight reduction in February
In the CPI data, egg prices in February posted a 55% increase in the one-year span from the same month the prior year.
In the CPI data, egg prices in February posted a 55% increase in the one-year span from the same month the prior year.
San Francisco board open to reparations with $5M payouts
Payments of $5 million to every eligible Black adult, the elimination of personal debt and tax burdens, guaranteed annual incomes of at least $97,000 for 250 years and homes in San Francisco for just $1 a family.
Payments of $5 million to every eligible Black adult, the elimination of personal debt and tax burdens, guaranteed annual incomes of at least $97,000 for 250 years and homes in San Francisco for just $1 a family.
This week's private student loan interest rates soar for 5- and 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
The latest private student loan interest rates from the Credible marketplace, updated weekly.
2004 Wisconsin state quarters could be worth up to $6K: Here’s why
Check your coins: Some Wisconsin quarters from 2004 have a detectable error on its reverse side.
Check your coins: Some Wisconsin quarters from 2004 have a detectable error on its reverse side.
2 failed banks, February inflation remaining high put Fed in tough spot
The government reported Tuesday that February prices were still elevated, which could drive another interest rate hike. But the collapse of two banks in recent days has the potential to stop it.
The government reported Tuesday that February prices were still elevated, which could drive another interest rate hike. But the collapse of two banks in recent days has the potential to stop it.
How the fall of Silicon Valley Bank will impact hundreds of Arizonans
The failure of Silicon Valley Bank sent panic across the tech industry, but how is that threatening jobs in Arizona? For one, there are hundreds of jobs on the line as SVB has had a presence in Tempe since 2012.
The failure of Silicon Valley Bank sent panic across the tech industry, but how is that threatening jobs in Arizona? For one, there are hundreds of jobs on the line as SVB has had a presence in Tempe since 2012.