These states are increasing the minimum wage in 2026

Significant wage hikes kick in Jan. 1 for millions of workers across these states. See if your area made the list.

Your 2026 tax guide: All the changes to know before filing

New tax deductions have been enacted for many working Americans and seniors. Here’s what you need to know about the new laws that could impact your return.

Arizona's minimum wage to go up for 2026
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The minimum wage for most of Arizona will go up 45 cents in the new year, thanks to a ballot measure that voters approved almost a decade ago.

Federal government freezes Minnesota child care funding amid fraud investigation

The U.S. Department of Health and Human Services announced it has frozen all child care payments to Minnesota amid the ongoing investigation and allegations of fraud. The equates to about $185 million per year.

SNAP junk-food purchase restrictions take effect Jan. 1 in five states, others to follow in 2026 — see where

The new year brings new restrictions on food purchases by SNAP recipients. On Jan. 1, five states are banning SNAP recipients from using their taxpayer-funded food assistance benefit to purchase junk food.

Why cheaper beef prices are still a long way off

It's going to be a while before consumers see any relief when it comes to beef prices.

IRS reveals updated retirement contribution limits for 2026

The IRS unveiled contribution limit changes for popular retirement plans, including 401(k) plans and IRAs.

Flagstaff minimum wage set to increase in 2026, tip credit to be eliminated
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Starting Jan. 1, Flagstaff will increase its minimum wage to $18.35, as the ip credit ends. FOX 10's Megan Spector learns more about how this impacts tipped workers.

Flagstaff prepares for minimum wage shift, tip credit to vanish

Flagstaff's minimum wage will rise to $18.35 per hour starting Jan. 1, which is roughly $3 higher than the Arizona state minimum.

American Airlines ends advantage miles program for basic economy fares

American Airlines has made a change that affects how millions of travelers earn rewards on its cheapest tickets — and now the airline is facing some backlash for it.

Ford shatters decade-old recall record with 152 safety alerts issued this year alone across multiple models

Ford Motor Company logged far more recalls in 2025 than any other automaker, according to federal safety data, eclipsing a decade-old industry record and underscoring ongoing quality issues affecting millions of vehicles across multiple model lines.

Taylor Swift donates more than $2M in holiday gifting spree

Taylor Swift is in the spirit of giving. Multiple organizations are sharing they’ve received donations from the pop star – with some amounting to as much as $1 million.

Some student loan borrowers to have pay garnished
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The Trump administration will soon begin to garnish pay of some student loan borrowers. Officials say borrowers in default will receive a notice of ther status, starting the week of Jan. 8.

Student loan borrowers in default face wage garnishment starting Jan. 7

The Department of Education will begin garnishing wages from borrowers who have defaulted on federal student loans starting in early January.

Trump admin. offers self-deportation incentives to migrants
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The Trump administration is rolling out a "Home for the Holidays" pitch aimed at getting undocumented immigrants to leave the United States voluntarily.