US credit card debt hits $1.26 trillion as delinquencies rise: What you can do

A rise in delinquent credit card payments is “prompting concerns that Americans are falling behind on their debt payments at rates not seen since the Great Recession," the New York Fed says.

New Social Security COLA estimates released after fresh inflation data

Social security recipients are on track to receive a larger cost-of-living adjustment in 2027, with early estimates coming in between 3.2% and 3.6%, according to a new analysis released after fresh inflation data. 

Powerball jackpot hits $1 billion ahead of next drawing

The Powerball jackpot has reached an estimated $1 billion ahead of the next drawing, making it one of the largest in the game's history, according to lottery officials.

Petition to limit Montgomery County spending nears ballot signature goal

A petition drive aiming to impose stricter limits on Montgomery County's budget growth is approaching the required threshold to place the referendum before voters this November.

Highest US minimum wage: How DC compares to Maryland and Virginia

For some workers in the DMV, a 15-minute Metro ride could dictate whether they earn the nation's highest minimum wage or thousands of dollars less per year.

Virginia tourism spending sets new record at $36.2 billion

Virginia tourism spending reached a record $36.2 billion last year, Governor Abigail Spanberger announced, marking the fourth straight year of growth. 

The million-dollar home is becoming surprisingly normal

A seven-figure price tag is becoming increasingly common as rising home values redefine what counts as luxury across the U.S. housing market.

Virginia farm worth $2M listed at $50M as AI data centers drive up land prices

A family farm in Woodbridge valued at $2 million was initially listed at $50 million, roughly $2 million per acre. The listing agent says it plans to lower the asking price.

New study reveals Americans feelings on free enterprise, capitalism and socialism

A new poll offers insight into how Americans view different economic systems, highlighting public consensus and division over the trade-offs, benefits, and disadvantages of each approach.

Powerball jackpot surges to $856 million

The Powerball jackpot has now climbed to one of the top 10 largest in the game's history.

Elon Musk’s SpaceX posts $541M loss; Starlink subscribers surge

SpaceX’s first quarterly earnings report since becoming a publicly traded company came with the news that it lost more than a half-billion dollars over the three months that ended in June.

FIFA World Cup: US host cities say FIFA owes them $1 million each from promised legacy contribution

U.S. host cities are demanding reimbursement from FIFA, claiming the international soccer governing body hasn’t distributed funding earmarked for operational projects for this year’s World Cup.

25 states sue to stop Trump administration’s latest tariffs

Twenty-five states have filed a lawsuit to block the most recent round of tariffs announced by the Trump administration.

Coldcard wallet attack drains up to $89M in Bitcoin from 1,200+ addresses

Security researchers said a software flaw may have allowed attackers to steal roughly $70 million worth of bitcoin in less than an hour. Here's what to know.

The worst states for having a baby in 2026, according to data

New data ranked the best and worst states to have a baby in 2026. See which states made the top and bottom of the list.

Strategies to Pay Off Debt
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Financial expert Shannah Game joins Fox 5's Maureen Umeh to discuss her advice on how to deal with debt.