Record number of Americans are paying $1000 a month or more for monthly car payments, data shows
More than 15% of consumers who financed a new vehicle toward the end of 2022 committed to paying more than $1,000 a month, the highest percentage ever recorded.
More than 15% of consumers who financed a new vehicle toward the end of 2022 committed to paying more than $1,000 a month, the highest percentage ever recorded.
$940M Mega Millions among latest massive jackpots
The lottery prize ranks as the sixth largest in U.S. history, with the drawing set for Friday night. Recently, a player in California won a record $2.04 billion Powerball jackpot.
The lottery prize ranks as the sixth largest in U.S. history, with the drawing set for Friday night. Recently, a player in California won a record $2.04 billion Powerball jackpot.
New IRS tax brackets take effect in 2023, meaning your paycheck could be bigger
Tax brackets are to shift higher by 7% this year.
Tax brackets are to shift higher by 7% this year.
FTC proposes rule banning noncompete clauses for workers
The Federal Trade Commission says the rule would open new job opportunities for 30 million Americans and raise wages by $300 billion a year.
The Federal Trade Commission says the rule would open new job opportunities for 30 million Americans and raise wages by $300 billion a year.
Personal loan origination fees: Are they worth the cost?
A personal loan origination fee is paid upfront when you take out a loan. If you’re wondering if origination fees are worth the cost, here’s what you should know.
A personal loan origination fee is paid upfront when you take out a loan. If you’re wondering if origination fees are worth the cost, here’s what you should know.
Secure 2.0 Act will help Americans build emergency savings: Here's how
Beginning in 2024, sponsors of individual account plans can create "emergency savings accounts" that allow employees to make Roth after-tax contributions to special savings account within the retirement plan.
Beginning in 2024, sponsors of individual account plans can create "emergency savings accounts" that allow employees to make Roth after-tax contributions to special savings account within the retirement plan.
Paying off debt is top priority for many consumers in 2023: survey
Seventy-four percent of respondents said that cost of living increases impacted their spending decisions for 2023. However, 36% said they still planned to prioritize paying off debt.
Seventy-four percent of respondents said that cost of living increases impacted their spending decisions for 2023. However, 36% said they still planned to prioritize paying off debt.
Secure 2.0 Act: Student loan payments will count toward 401(K) matching contributions
The Secure Act 2.0 will let companies make 401(k) employer matches based on employees’ qualified student loan payments, beginning in 2024. Here’s how to pay down student loan debt quickly.
The Secure Act 2.0 will let companies make 401(k) employer matches based on employees’ qualified student loan payments, beginning in 2024. Here’s how to pay down student loan debt quickly.
Mega Millions jackpot jumps to $940 million after no winner
The Mega Millions jackpot also comes with an estimated $483.5 million cash option for the next drawing.
The Mega Millions jackpot also comes with an estimated $483.5 million cash option for the next drawing.
Here's when Social Security payments with 2023 COLA increase will arrive
Millions of Social Security recipients will start getting an 8.7% boost in their benefits this month. The payment date depends on the recipient's birthday.
Millions of Social Security recipients will start getting an 8.7% boost in their benefits this month. The payment date depends on the recipient's birthday.
$785M Mega Millions jackpot for Tuesday night is 6th largest in US history
The massive cash prize has grown significantly because no one has matched all six of the game’s numbers for more than two months.
The massive cash prize has grown significantly because no one has matched all six of the game’s numbers for more than two months.
Record-high Social Security cost-of-living increase poised to kick in soon
Over 66 million Americans on social security are set to receive a record-high cost of living increase in 2023.
Over 66 million Americans on social security are set to receive a record-high cost of living increase in 2023.
Elon Musk becomes first person to lose $200 billion: report
Elon Musk previously held the title of the world's richest person.
Elon Musk previously held the title of the world's richest person.
Deutsche Bank, JPMorgan Chase deny benefiting from Epstein's sex trafficking
Victims of Jeffrey Epstein claim banks knowingly benefited from his sex trafficking, earning millions of dollars from the financier.
Victims of Jeffrey Epstein claim banks knowingly benefited from his sex trafficking, earning millions of dollars from the financier.
Mega Millions jackpot jumps again after no winners reported Friday
The Mega Millions jackpot has soared past $600 million just six other times in its more than 20-year history.
The Mega Millions jackpot has soared past $600 million just six other times in its more than 20-year history.
What are the Mega Millions numbers? Friday night's drawing revealed
The final Mega Millions jackpot drawing of 2022 also comes with a $347.8 million cash option.
The final Mega Millions jackpot drawing of 2022 also comes with a $347.8 million cash option.
These are the states where people spend — and win — the most on lottery tickets: study
If you’re hoping to hit it big by playing the lottery, you may have more luck depending on where you live.
If you’re hoping to hit it big by playing the lottery, you may have more luck depending on where you live.
Here's all of FOX 5 DC's 2022 recap stories and a few looks ahead to 2023
Over the past few weeks, we've assembled a bunch of great stories to help you look back on 2022, the year that was, and think ahead to 2023. These are just a few of them.
Over the past few weeks, we've assembled a bunch of great stories to help you look back on 2022, the year that was, and think ahead to 2023. These are just a few of them.
Virginia minimum wage to increase to $12 starting Jan. 1; DC's Initiative 82 going into effect in 2023
The minimum wage in Virginia will increase to $12 an hour on Jan. 1, and D.C.'s recently passed Initiative 82 will go into effect in 2023, raising the minimum wage for tipped workers to $6 an hour.
The minimum wage in Virginia will increase to $12 an hour on Jan. 1, and D.C.'s recently passed Initiative 82 will go into effect in 2023, raising the minimum wage for tipped workers to $6 an hour.
Inflation, market volatility pushes most Americans to set money goals in 2023: report
Many Americans are looking to improve their finances, and are planning ahead for 2023. Here's what you can do to achieve your financial goals.
Many Americans are looking to improve their finances, and are planning ahead for 2023. Here's what you can do to achieve your financial goals.