Secure 2.0: How the new spending bill could affect your retirement

The retirement savings measure labeled Secure 2.0 would reset how people enroll in retirement plans. Here's how it works.

Bipartisan marijuana banking bill in peril amid year-end scramble in Congress

Known as the Secure and Fair Enforcement (SAFE) Banking Act, the bill seeks to allow legal, legitimate marijuana businesses to access financial services by creating a safe harbor for banks and credit unions.

Wall Street may get much worse in 2023 before it gets better

Many analysts expect stocks to end 2023 around their current range, if not a bit higher. But before that, much of Wall Street is also forecasting stock prices to fall sharply in the interim.

How Federal Reserve’s series of rate hikes could affect your finances

As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.

Fed raises key interest rate by half a point, signals more to come

The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.

Americans say holiday gifts harder to afford

More than half of U.S. adults say it’s harder to afford the holiday gifts they want to give this year.

US alleges Bankman-Fried defrauded FTX cryptocurrency customers, investors

Samuel Bankman-Fried, 30, was arrested Monday in the Bahamas at the request of the U.S. government, which charged him with eight criminal violations.

Still missing your tax refund? The IRS will soon pay you 7% interest

Taxpayers still waiting to receive their 2021 tax refund will soon be paid 7% interest on the money by the IRS – but the money is taxable.

Job growth spikes in November, interest rates expected to continue rising

The economy added more than 260,000 jobs in November and wages increased, but economic uncertainty is still a concern for many Americans. Here’s how to manage your finances today.

Experts: Dallas-Fort Worth home prices expected to fall in 2023, but not by much

The number of homes sold in the 100 largest housing markets this October was half of last year, according to the Knock Buyer-Seller Market Index. While that may start to give home buyers more power, experts say high-interest rates are preventing a true buyer's market.

House passes bill to avert railroad strike, impose deal on unions

If an agreement wasn't reached before a Dec. 9 deadline, the unions threatened to strike -- which would have devastating effects on the U.S. economy.

Biden asks Congress to block potential railroad strike

President Joe Biden is calling on Congress to pass legislation to intervene and block a railroad strike before next month’s deadline in the stalled contract talks.