Infant care costs roughly 10% of a family's annual income in nearly all states, study finds
A new study reveals that child care expenses are absorbing a significant portion of family household incomes nationwide.
A new study reveals that child care expenses are absorbing a significant portion of family household incomes nationwide.
'90s fitness guru lost multimillion-dollar empire, delivered for Uber Eats in ‘desperation’
Susan Powter's financial downfall after building a fitness empire was due to the mismanagement of her fortune. The '90s fitness guru claimed she delivered for Uber Eats.
Susan Powter's financial downfall after building a fitness empire was due to the mismanagement of her fortune. The '90s fitness guru claimed she delivered for Uber Eats.
New plan would cancel student loans for those with financial hardships
Student loan borrowers who face steep medical bills, child care costs and other types of financial hardship could see their student loan debt erased under a new proposal.
Student loan borrowers who face steep medical bills, child care costs and other types of financial hardship could see their student loan debt erased under a new proposal.
Social Security: Here's how far the average check goes in 50 largest US cities, according to study
Millions of Americans receive Social Security benefits and depending on where you live, the check might stretch a little more for expenses based on findings from a recent study.
Millions of Americans receive Social Security benefits and depending on where you live, the check might stretch a little more for expenses based on findings from a recent study.
Social Security: It'll be harder to qualify for retirement benefits starting in 2025 — what to know
It will become slightly harder to qualify for Social Security benefits in retirement next year amid a change related to the value of a work "credit."
It will become slightly harder to qualify for Social Security benefits in retirement next year amid a change related to the value of a work "credit."
IRS announces higher standard deductions for 2025
The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from taxation.
The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from taxation.
Should minimum wage be lower for workers who get tips? These 2 states will decide
The amount of money tipped workers make varies depending on the state. Currently, 14 states pay the federal minimum, or just above $2 an hour for tipped workers and $7 an hour for non-tipped workers.
The amount of money tipped workers make varies depending on the state. Currently, 14 states pay the federal minimum, or just above $2 an hour for tipped workers and $7 an hour for non-tipped workers.
A growing share of Gen Z adults don't think they'll retire: only 20% are saving for it
America's youngest adult generation is projected to live longer than previous generations, but few of them are preparing for a traditional retirement.
America's youngest adult generation is projected to live longer than previous generations, but few of them are preparing for a traditional retirement.
A closer look at how Trump's economic plan could impact inflation
Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.
Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.
Holiday spending projected to hit new record this year
Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.
Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.
New online course helps 'Empty Nesters' thrive
Arizona State University is offering a new online course, "Thriving in Your Empty Nest Chapter," to help parents navigate the emotional challenges of becoming empty nesters. FOX 5's Jessica Formoso has the story.
Arizona State University is offering a new online course, "Thriving in Your Empty Nest Chapter," to help parents navigate the emotional challenges of becoming empty nesters. FOX 5's Jessica Formoso has the story.
Walgreens to close 1,200 stores, likely including locations in NY, NJ, CT
Walgreens will close nearly 1,200 locations over the next three years in response to a $3 billion quarterly loss and ongoing challenges in its U.S. retail and pharmacy sectors. Here’s what stores the company says are closing.
Walgreens will close nearly 1,200 locations over the next three years in response to a $3 billion quarterly loss and ongoing challenges in its U.S. retail and pharmacy sectors. Here’s what stores the company says are closing.
Tax extension deadline on Oct. 15: What to know about filing late returns
For Americans who filed for a tax extension for the 2023 tax year, the deadline is on Tuesday, Oct. 15, 2024.
For Americans who filed for a tax extension for the 2023 tax year, the deadline is on Tuesday, Oct. 15, 2024.
Some Social Security recipients will get two payments in November. Here's why
Those who receive Supplemental Security Income (SSI) will receive an additional check in November due to how the payment schedule is lined up.
Those who receive Supplemental Security Income (SSI) will receive an additional check in November due to how the payment schedule is lined up.
What's open and closed for Columbus Day
Today marks Columbus Day, a federal holiday that?s also recognized as Indigenous Peoples Day and Italian Heritage Day in many states and cities, including NYC. Here's a look at what's open and closed.
Today marks Columbus Day, a federal holiday that?s also recognized as Indigenous Peoples Day and Italian Heritage Day in many states and cities, including NYC. Here's a look at what's open and closed.
Zillow adds climate risk ratings to home listings
Zillow has partnered with climate modeling company First Street to add climate risk ratings to its home listings. Nearly 30% of properties now come with detailed information about flood zones, wildfire risk, hurricane winds, and more. FOX 5's Jessica Formoso has the story.
Zillow has partnered with climate modeling company First Street to add climate risk ratings to its home listings. Nearly 30% of properties now come with detailed information about flood zones, wildfire risk, hurricane winds, and more. FOX 5's Jessica Formoso has the story.
Entrepeneurs at any age - STREET SOLDIERS
Real-life exmaples show that people of all backgrounds and ages are becoming successful entrepreneurs. We've seen teens launching businesses on TikTok, and adults getting started at a time when others are retiring. Whenever you start, it's a challenge, but many say the rewards are worth the risk.
Real-life exmaples show that people of all backgrounds and ages are becoming successful entrepreneurs. We've seen teens launching businesses on TikTok, and adults getting started at a time when others are retiring. Whenever you start, it's a challenge, but many say the rewards are worth the risk.
TD Bank to pay $3B in money laundering case
TD Bank is set to pay $3 billion after pleading guilty to failing to prevent money laundering schemes. Attorney General Merrick Garland announced the historic settlement, citing the bank's role in facilitating financial crimes linked to drug trafficking.
TD Bank is set to pay $3 billion after pleading guilty to failing to prevent money laundering schemes. Attorney General Merrick Garland announced the historic settlement, citing the bank's role in facilitating financial crimes linked to drug trafficking.
Inflation reaches lowest point in 3 years; here's what prices came down most
The improved inflation stats show that it’s steadily moving back to the Federal Reserve’s 2% target, with the agency likely to keep cutting its standard interest rate in 2024.
The improved inflation stats show that it’s steadily moving back to the Federal Reserve’s 2% target, with the agency likely to keep cutting its standard interest rate in 2024.
Social Security COLA 2025 increase announced: What to know
The cost-of-living adjustment, or COLA, was announced on Thursday. Here’s what to know.
The cost-of-living adjustment, or COLA, was announced on Thursday. Here’s what to know.