US fourth quarter GDP beats expectations and recession odds
Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.
Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.
Biden cancels another $5 billion in student loan forgiveness – Here's who is impacted
The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.
The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.
Filing your tax return: What you need to know
Whether you like it or not, it's that time of year again: Tax season. FOX 9 put together a list of useful information with some tips before you sit down and complete your return.
Whether you like it or not, it's that time of year again: Tax season. FOX 9 put together a list of useful information with some tips before you sit down and complete your return.
Here are the US states where you’ll pay less individual income tax in 2024
Several U.S. states are lowering individual income tax rates this year, meaning more financial relief for American taxpayers.
Several U.S. states are lowering individual income tax rates this year, meaning more financial relief for American taxpayers.
IRS to start simplifying notices to taxpayers this year
The IRS on Tuesday announced that it will redesign and simplify the long and often complicated notices it sends to taxpayers every year.
The IRS on Tuesday announced that it will redesign and simplify the long and often complicated notices it sends to taxpayers every year.
Social Security is coming for a bigger chunk of your paycheck
The portion of personal income subject to the Social Security tax has increased to $168,600 this year from $160,200 in 2023.
The portion of personal income subject to the Social Security tax has increased to $168,600 this year from $160,200 in 2023.
Read this before you sign up for a college credit card
Signing up for financial products your college is offering can sometimes be the worst deal, a recent CFPB report said.
Signing up for financial products your college is offering can sometimes be the worst deal, a recent CFPB report said.
Number of electric vehicles that qualify for new electric vehicle tax credit drops to 13
Only 13 electric vehicle models qualify for the full $7,500 credit, with Tesla and GM seeing the biggest hit.
Only 13 electric vehicle models qualify for the full $7,500 credit, with Tesla and GM seeing the biggest hit.
Your significant other expects you to spend over $100 on Valentine's Day
Americans in relationships believe their partners expect them to spend an average of $157.52 on gifts this Valentine's Day, according to a recent Trustpilot survey.
Americans in relationships believe their partners expect them to spend an average of $157.52 on gifts this Valentine's Day, according to a recent Trustpilot survey.
New car purchases are on the rise, but there are insurance implications
Consumers are buying new vehicles more often with sales increasing by over 13% in 2023.
Consumers are buying new vehicles more often with sales increasing by over 13% in 2023.
Biden cancels student loan debt for another 74K borrowers
Of the 74,000 borrowers approved for relief Friday, the administration said nearly 44,000 of them are teachers, nurses, firefighters and others with public service careers.
Of the 74,000 borrowers approved for relief Friday, the administration said nearly 44,000 of them are teachers, nurses, firefighters and others with public service careers.
Mortgage rates drop to lowest level since last spring: Freddie Mac
With home prices and interest rates falling, the housing market is becoming slightly more affordable this year.
With home prices and interest rates falling, the housing market is becoming slightly more affordable this year.
Gas prices climb higher as arctic winter weather impacts production: AAA
The national average cost for a gallon of gas increased by two cents from last week to $3.09, according to AAA.
The national average cost for a gallon of gas increased by two cents from last week to $3.09, according to AAA.
73 percent of Americans still haven’t bounced back financially from the COVID-19 pandemic
Americans struggle to meet basic costs, with 73% reporting they haven't yet recovered financially from the fallout of COVID-19.
Americans struggle to meet basic costs, with 73% reporting they haven't yet recovered financially from the fallout of COVID-19.
IRS waiving $1 billion in penalty taxes, will kick off 2024 tax season on Jan. 29
The 2024 tax season gets officially underway at the end of January and some taxpayers could see tax penalties waived, the IRS said.
The 2024 tax season gets officially underway at the end of January and some taxpayers could see tax penalties waived, the IRS said.
This is the best time to give money to your kids, according to ‘Die with Zero’ author Bill Perkins
"Die With Zero" author Bill Perkins weighs in on sharing money with your kids while maintaining a comfortable lifestyle.
"Die With Zero" author Bill Perkins weighs in on sharing money with your kids while maintaining a comfortable lifestyle.
The world could get its first trillionaire within 10 years
By contrast, Oxfam says nearly 5 billion people have been made poorer since the pandemic, with many of the world's developing nations unable to provide the financial support that richer nations could during lockdowns.
By contrast, Oxfam says nearly 5 billion people have been made poorer since the pandemic, with many of the world's developing nations unable to provide the financial support that richer nations could during lockdowns.
Major bank announces elimination of 20,000 jobs after losses
Citigroup announced a net loss of $1.8 billion in the fourth quarter.
Citigroup announced a net loss of $1.8 billion in the fourth quarter.
New Kentucky bill could exempt diapers from state's sales tax
For weary parents rolling up their sleeves for diaper duty, a bill in Kentucky would deliver tax relief when purchasing a necessity that adds up to a big expense.
For weary parents rolling up their sleeves for diaper duty, a bill in Kentucky would deliver tax relief when purchasing a necessity that adds up to a big expense.
Student loan forgiveness: Some Americans will get loans canceled in February — here's who qualifies
The Biden administration will start canceling student loans for some borrowers next month as part of a new repayment plan that's taking effect ahead of schedule. Here's who is eligible.
The Biden administration will start canceling student loans for some borrowers next month as part of a new repayment plan that's taking effect ahead of schedule. Here's who is eligible.