What to know about tapping into your home equity as interest rates drop
The latest interest rate cut by the Federal Reserve may have created an opportunity for homeowners to explore options for their home equity. Here’s what you need to know.
Nearly a third of homeowners say they are ‘house poor’ in new survey
The financial strain of having a house has led some homeowners to sacrifice paying for other critical expenses, a recent survey finds.
Census Bureau reports average household income
The US Census Bureau says the average household income has increased year-over-year and is back over $80,000.
Here's how much the typical American household earned last year
The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level.
Social Security: Without reform, retirees could lose this much in annual benefits, report says
If Social Security is depleted by 2033, as is currently projected without reform, there would be a mandated 21% across-the-board Social Security benefit cut for retirees, the report says.
AAA study shows vehicle maintenance costs have risen by an estimated $115 per month
The cost of owning and maintaining a car is on the rise, according to a new report.
Social Security September payment schedule: Here’s when beneficiaries will get their checks
Many Social Security retirement, disability, and survivor beneficiaries will receive their September payments on either the second, third, or fourth Wednesday of the month.
Why there are more 401(k) millionaires in the US than ever before
A new report published by Fidelity Investments shows the number of 401(k) accounts with balances of $1 million or more hit a new record at the end of June.
Social Security: 3 changes to look out for in 2025, according to experts
The Social Security COLA increase in 2025 is likely to be smaller than in 2024, according to estimates. Here are some potential changes Americans should take into account.
Maryland city will pay you $20,000 to move there
A city in Maryland is offering a $20,000 incentive to get new residents to move there.
Increase in sports betting can lead to decrease in investments, study suggests
A recent study implies that some Americans are using money from investment accounts to cover their sports bets.
Survey reveals Americans' 2 biggest financial regrets
Amid ongoing inflation, a new survey found that the majority of Americans have financial regrets. Here's what they are.
The US added 818,000 fewer jobs this year than originally estimated
Over 800,000 fewer jobs were added by employers in the last few months, but consumer sentiment about the economy is still strong.
Here's how much money you need to feel 'rich' in 2024
Fewer than one in five Americans surveyed said they are currently on top of their finances.
ATM fees hit a record high in US — these are the cities where you'll pay the most
As average out-of-network ATM fees hit an all-time high, Americans pay the most in these metros.
Where Harris, Trump stand on Social Security
Kamala Harris and Donald Trump both say they want to protect Social Security, but neither have been very specific on how they plan to fix it.
31% of parents will take on debt for back-to-school shopping, survey finds
A new survey reveals that many parents are facing financial impacts as they shop for their child’s school supplies and other necessities this year.
St. Joseph the Worker l FOX 10 Talks
Syleste Rodriguez is in for Ron Hoon this week. She sat down with Carrie Masters, the CEO of St. Joseph the Worker, to talk about free budgeting and planning classes that teach people how to get their meals for under $5.
Biden asks Supreme Court to lift block on student loan repayment plan
The Biden Administration has turned to the Supreme Court to help lift a block on the Saving on a Valuable Education (SAVE) plan.
2025 Social Security COLA increase: What we know
Social Security recipients are expected to see an increase in their monthly benefits next year and here’s what you need to know.