This story about the September 2026 FOMC meeting will be updated with further details. The Federal Reserve on Wednesday raised its benchmark interest rate for the first time in over three years amid concerns over stubborn inflation that has been driven recently by higher energy prices.Fed policymakers voted 12-0 to raise…
Continental Resources on Wednesday announced that it reached an agreement with Venezuela’s state-owned oil company to develop oil in the South American country’s prolific Orinoco Belt. The memorandum of understanding with Petroleos de Venezuela S.A. (PDVSA) will see Continental Resources operate and develop the Ayacucho 2 Block in the Orinoco…
European Commission President Ursula von der Leyen on Wednesday proposed opening the door for Canada to become the European Union’s first “associate member,” a significant step that could bring Ottawa substantially closer to the bloc as its trade dispute with the U.S. shows no signs of abating. Speaking in Strasbourg…
A recall has been issued for So Delicious Dairy Free Salted Caramel Cluster Non-Dairy Frozen Dessert pints over the potential presence of foreign materials, including small stones and other hard objects, within the cashew inclusions. Danone USA announced the voluntary recall for So Delicious Dairy Free Salted Caramel Cluster Non-Dairy…
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Retirement account balances dipped in the first quarter due to stock market turbulence. Still, people kept socking away money for…
Managing one’s finances can be challenging, especially when faced with conflicting — and often wrong — information fed to people,…
Retirement remains top of mind for many Americans, whether they are approaching their so-called “golden years” or have many years…
FICO said on Monday that it is going to incorporate buy now, pay later (BNPL) data into credit scores as…
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American consumers are facing higher costs as the war in Iran pushes energy prices higher, with U.S. households having spent over $100 billion more this year due to elevated gasoline and diesel prices, an economist says. Mark Zandi, chief economist at Moody’s Analytics, told FOX…
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Americans are facing mounting financial pressure, but even small changes to everyday habits could make a major impact on long-term wealth, one expert says. Nearly three-quarters of Americans failed to meet their savings and spending goals last year, according to a Vanguard consumer survey — highlighting nationwide financial pressure.Many households…
For the generation that should be in its “peak savings years,” the prospect of retiring on time has shifted from a plan to a prayer. A newly released Employee Financial Wellness Survey by PwC found that nearly 50% of Gen X employees are pushing back their retirement dates, citing stagnant…
Americans of all ages are facing affordability concerns, with retirees on fixed incomes in particular feeling the strain – though where they choose to live in their golden years has a big impact on their ability to live comfortably. A study by MoneyLion analyzed the monthly savings needed to retire…
You might think that finding the money to contribute to your 401(k) is the hardest part of saving for retirement. But choosing the right investments can also be challenging. For this reason, many 401(k) savers take the easy way out and let their money land in a target date fund.…
The clock is ticking faster for American workers and seniors. The Social Security Administration’s newly released 2026 Trustees Report confirms that the federal retirement safety net is less than seven years away from fiscal depletion, as the Old-Age and Survivors Insurance (OASI) trust fund will completely exhaust its accumulated reserves…
For working Americans with access to a 401(k), there’s perhaps no easier way to save for retirement. You tell your employer how much money you want to contribute per year or per pay period, and that money gets deducted from your paychecks accordingly. Plus, if you’re lucky, you may not…
Americans’ contributions to their 401(k) savings accounts hit record highs in 2025, according to a new report from Vanguard. Among employees with active 401(k) accounts in both December 2024 and December 2025, median account balances increased by 27%, according to the report, titled How America Saves 2026. Of those same participants,…
As anxiety mounts over the long-term solvency of the Social Security trust funds, a growing number of Americans are rushing to claim their benefits early out of fear that the program will run dry. However, personal finance expert Suze Orman warns that following this viral advice will lock retirees into…
Rachel Cruze is warning young adults — especially young men — that chasing “quick” money through sports betting, cryptocurrency and risky real estate moves could put their financial futures at risk. Cruze, a financial coach, best-selling author and co-host of “The Ramsey Show,” told FOX Business the mistake she sees…
Some Americans may think saving $1,000 in just a matter of months is out of reach, but personal finance expert Jade Warshaw says they may be making it harder than it needs to be. The co-host of “The Ramsey Show” told FOX Business that many Americans can stash away $1,000…
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