Retirement savings 'magic number' drops in 2025 for Americans, study finds
When it comes to retirement savings, more than half of Americans think it's “somewhat or very likely" that they’ll outlive their money, according to a new study.
When it comes to retirement savings, more than half of Americans think it's “somewhat or very likely" that they’ll outlive their money, according to a new study.
China’s economy grew 5.4% before US tariffs hit; slowdown likely, analysts warn
China’s economy posted 5.4% growth in the first quarter of 2025, fueled by strong exports ahead of steep new US tariffs. But economists warn a slowdown is likely as trade tensions escalate.
China’s economy posted 5.4% growth in the first quarter of 2025, fueled by strong exports ahead of steep new US tariffs. But economists warn a slowdown is likely as trade tensions escalate.
These states have the highest average tax refund in 2025
A new report shows tax refunds are larger in 2025, but fewer people are receiving them. Geography, income and tax policy all play a role in how much money Americans get back from the IRS.
A new report shows tax refunds are larger in 2025, but fewer people are receiving them. Geography, income and tax policy all play a role in how much money Americans get back from the IRS.
Tips to avoid tax surprises next year
Did you owe a ton of taxes this year? Or maybe you got a refund you weren’t expecting? Here’s a look at how to get a handle on those surprises now ahead of next year.
Did you owe a ton of taxes this year? Or maybe you got a refund you weren’t expecting? Here’s a look at how to get a handle on those surprises now ahead of next year.
The easiest states to save money in 2025
A new study ranked all 50 states to find out how easy — or difficult — it was for residents to grow their savings. Here’s what they found.
A new study ranked all 50 states to find out how easy — or difficult — it was for residents to grow their savings. Here’s what they found.
Trump suggests he may pause 25% auto tariffs amid market concerns
President Trump says he may temporarily pause his 25% auto tariffs to give carmakers time to adjust supply chains, adding more uncertainty to global markets already shaken by his shifting trade policies.
President Trump says he may temporarily pause his 25% auto tariffs to give carmakers time to adjust supply chains, adding more uncertainty to global markets already shaken by his shifting trade policies.
Filing a tax extension: How to do it, what taxpayers in disaster areas should know
Tax Day is this week, falling on Tuesday, April 15. If you still need to file by then, don't panic. You can request an extension, granting you additional time to submit your information.
Tax Day is this week, falling on Tuesday, April 15. If you still need to file by then, don't panic. You can request an extension, granting you additional time to submit your information.
American consumers see tariff surcharges on their receipts amid trade war
American consumers are noticing a new line on their shopping receipts — a tariff surcharge.
American consumers are noticing a new line on their shopping receipts — a tariff surcharge.
Inflation fell in March despite Trump tariffs: Here's why
Inflation fell to its lowest numbers since September last month, despite President Trump’s back-and-forth on tariffs and uncertainty surrounding the economy.
Inflation fell to its lowest numbers since September last month, despite President Trump’s back-and-forth on tariffs and uncertainty surrounding the economy.
Detroit man goes from homeless to millionaire
A man went from being homeless, sleeping in his car outside fancy houses in Detroit, to buying one of those houses and becoming a self-made millionaire.
A man went from being homeless, sleeping in his car outside fancy houses in Detroit, to buying one of those houses and becoming a self-made millionaire.
Delta pulls 2025 forecast, says growth has stalled in Trump's trade war
Uncertainty from President Trump’s global trade war has prompted Delta Airlines to pull its 2025 forecast.
Uncertainty from President Trump’s global trade war has prompted Delta Airlines to pull its 2025 forecast.
104% tariff rate for China to start at midnight
President Trump threatened to raise tariffs on China to a 104% rate, set to go into effect early Wednesday.
President Trump threatened to raise tariffs on China to a 104% rate, set to go into effect early Wednesday.
Are the rich paying enough taxes? Most Americans say no
A new Gallup poll reveals deep political divides in how Americans view tax fairness, particularly regarding upper-income earners.
A new Gallup poll reveals deep political divides in how Americans view tax fairness, particularly regarding upper-income earners.
Social Security changes coming in April: What to know
There are a few changes in April that could impact certain Social Security beneficiaries. Here's a breakdown.
There are a few changes in April that could impact certain Social Security beneficiaries. Here's a breakdown.
Map: The gender wage gap is highest in these states
Women earn 75 cents for every dollar paid to their male counterparts, the report found.
Women earn 75 cents for every dollar paid to their male counterparts, the report found.
Gas prices could fall as crude oil plummets, expert says
Consumers typically see a jump in gas prices as refineries switch to a summer-grade blend. However, this year could be different as crude oil prices are falling.
Consumers typically see a jump in gas prices as refineries switch to a summer-grade blend. However, this year could be different as crude oil prices are falling.
Trump's tariff threats rattle Wall Street
President Trump?s renewed push on global tariffs sent Wall Street into a tailspin Monday, sparking major volatility and fueling fears of a looming recession. FOX 5 NY's Linda Schmidt reports from the floor of the New York Stock Exchange.
President Trump?s renewed push on global tariffs sent Wall Street into a tailspin Monday, sparking major volatility and fueling fears of a looming recession. FOX 5 NY's Linda Schmidt reports from the floor of the New York Stock Exchange.
Worst stock market days in history
Stocks are swinging sharply still after President Trump’s tariff announcement last week. Here’s how last week stacks up to some of the worst days for the stock market in U.S. history.
Stocks are swinging sharply still after President Trump’s tariff announcement last week. Here’s how last week stacks up to some of the worst days for the stock market in U.S. history.
Tariffs spark price hikes across household goods — and more pain may be coming
From groceries to everyday goods, new tariffs are already driving up costs — and the impact could hit your household soon.
From groceries to everyday goods, new tariffs are already driving up costs — and the impact could hit your household soon.
Should you sell your stocks now? What to know amid Trump tariffs and market turmoil
With stocks sliding and fears rising, advisers say emotional decisions now could lead to long-term losses — here’s what to know before you sell.
With stocks sliding and fears rising, advisers say emotional decisions now could lead to long-term losses — here’s what to know before you sell.