Are we in a recession? The definition of recession explained
Is the U.S. headed for a recession? It depends on who you ask.
Is the U.S. headed for a recession? It depends on who you ask.
What's in, and out, of Democrats' climate, health care and inflation bill
Here’s a look at the Democrats' "Inflation Reduction Act of 2022" as it stands after Senate Majority Leader Chuck Schumer and holdout Sen. Joe Manchin reached a deal.
Here’s a look at the Democrats' "Inflation Reduction Act of 2022" as it stands after Senate Majority Leader Chuck Schumer and holdout Sen. Joe Manchin reached a deal.
Recession fears rise after US economy shrinks for second straight quarter
The latest figures are raising fears that the nation may be approaching a recession.
The latest figures are raising fears that the nation may be approaching a recession.
Manchin says deal reached with Schumer on tax and climate bill
In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin have reached an expansive agreement that had eluded them for months on health care, energy and climate issues, taxes on higher earners and corporations and trimming the federal debt.
In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin have reached an expansive agreement that had eluded them for months on health care, energy and climate issues, taxes on higher earners and corporations and trimming the federal debt.
Fed hikes interest rate by 0.75 percentage points in bid to curb inflation
The Federal Reserve raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.
The Federal Reserve raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.
US new home sales drop to lowest level in 2 years
New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.
New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.
Here's how economists track inflation
Inflation is constantly in the headlines and FOX 5 is getting an inside look at who measures it and how.
Inflation is constantly in the headlines and FOX 5 is getting an inside look at who measures it and how.
Raising Cane’s founder buys Mega Millions tickets for all employees
“If we win, we win together,” a spokesperson said in a YouTube video. “Whatever we win, we share it with every, single person.”
“If we win, we win together,” a spokesperson said in a YouTube video. “Whatever we win, we share it with every, single person.”
IRS working to increase audit rates for high-earning Americans
The IRS announced it will begin increasing audit rates for high-earning Americans making more than $100,000 a year.
The IRS announced it will begin increasing audit rates for high-earning Americans making more than $100,000 a year.
Fed set to impose another big rate hike to fight inflation
Federal Reserve Chairman Jerome Powell Wednesday will address the Fed's plans to raise interest rates until inflation falls, even if it possibly slows economic growth.
Federal Reserve Chairman Jerome Powell Wednesday will address the Fed's plans to raise interest rates until inflation falls, even if it possibly slows economic growth.
Mega Millions: Is $810 million worth a $2 ticket? It depends
Is $810 million worth $2? That’s a good question, given it costs $2 to buy a Mega Millions lottery ticket that could pay off with an estimated $810 million prize, the nation’s fourth-largest jackpot.
Is $810 million worth $2? That’s a good question, given it costs $2 to buy a Mega Millions lottery ticket that could pay off with an estimated $810 million prize, the nation’s fourth-largest jackpot.
As Mega Millions lottery reaches $790M, here's how to stay safe and secure if you win
Lottery players should know these 8 tips ahead of the Mega Millions drawing.
Lottery players should know these 8 tips ahead of the Mega Millions drawing.
Used cars costing consumers $10,000 more than 'normal' as inflation rages
It's a bad time for consumers looking to buy a used car.
It's a bad time for consumers looking to buy a used car.
Nearly half of Americans will take on debt this year despite higher borrowing costs: survey
Even with the Federal Reserve expected to raise borrowing rates again next week, adding debt is “not necessarily a bad sign," analysts say.
Even with the Federal Reserve expected to raise borrowing rates again next week, adding debt is “not necessarily a bad sign," analysts say.
Delta passenger explains why he declined $10K offer to give up airplane seat
“I think we’ve all agreed that if it ever happened again, we’d be the first ones off the flight,” Jason Aten said.
“I think we’ve all agreed that if it ever happened again, we’d be the first ones off the flight,” Jason Aten said.
Friends of 35 years keep promise, split $361,527 lottery prize
Scott Edwards made a pact with his friend Perry Charles that they would split any big lottery wins with each other
Scott Edwards made a pact with his friend Perry Charles that they would split any big lottery wins with each other
Mega Millions jackpot soars to $530M for Tuesday’s drawing
According to the lottery’s website, July has been considered a “hot” month with two of the largest jackpots in the lottery’s 20-year history being won in that month.
According to the lottery’s website, July has been considered a “hot” month with two of the largest jackpots in the lottery’s 20-year history being won in that month.
Inflation surges to 9.1% in June, reaching new 40-year high
New numbers show just how hard inflation is hitting U.S. households.
New numbers show just how hard inflation is hitting U.S. households.
Here’s how much it costs to have a baby in the US, analysis finds
The jarring figures don't include any spending on the baby after he or she is born.
The jarring figures don't include any spending on the baby after he or she is born.
US inflation reached 9.1% in June, a new 40-year high
U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.
U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.