FTX bankruptcy filing: What's happening at the crypto exchange?
FTX is struggling to account for money that went missing hours after it filed for bankruptcy. Billions of dollars are unaccounted for right now.
Inflation slowdown? Not in some cities, where consumer prices still top 12%
One city, in particular, is seeing the highest inflation rate in the country, still above 12%.
FTX cryptocurrency exchange files for bankruptcy
Embattled cryptocurrency exchange FTX, short billions of dollars, is seeking bankruptcy protection following its collapse this week.
Biden’s student loan forgiveness program struck down by Texas federal judge
President Joe Biden’s plan, announced in August, would cancel $10,000 in student loan debt for those making less than $125,000 or households with less than $250,000 in income.
US consumer inflation slowed to 7.7% in October
Consumer inflation reached 7.7% in October from a year earlier and 0.4% from September, the Labor Department said Thursday.
Binance to buy rival FTX Trading in apparent bailout
The cryptocurrency exchange Binance said it plans to buy its rival FTX Trading, in the latest example of how fortunes can change rapidly in the crypto world.
In the 5 states without lotteries, a case of envy grows for $1.6B Powerball jackpot
The largest lottery prize in U.S. history has people in some U.S. states crossing state lines, hoping to get in on the action.
Powerball jackpot soars to whopping $1.5 billion, 3rd-largest in US history
The next Powerball jackpot also comes with a cash option of $745.9 million before taxes.
How steep interest rate hikes impact your finances
Mortgage rates continue to jump, home sales slump and credit cards and auto loans increase.
Federal Reserve raises interest rate by three-quarters of a point
The Fed’s move raised its key short-term rate to a range of 3.75% to 4%, its highest level in 15 years.
Lump sum or annuity? Experts weigh in on $1.2 billion Powerball jackpot cash out options
Winners of giant jackpots like the one up for grabs Wednesday night nearly always take the cash, and financial advisors say that might be a mistake.
Aldi matching 2019 Thanksgiving prices
From free turkeys to major discounts, grocery stores are prepping for a Thanksgiving set against surging inflation.
Powerball jackpot jumps to $1.2 billion after no winner on Halloween
No one matched all six numbers in last night’s drawing, so the Powerball jackpot has soared to an estimated $1.2 billion with a $596.7 million cash option.
US diesel supplier warns businesses to prepare for shortages, higher prices for consumers
The company suggests being aware of tank levels and not 'panic buying' fuel.
Social Security benefits to rise by record amount in 2023: Check how much money you could receive
More than 64 million Americans collecting Social Security will receive the bigger payments beginning in January, the administration said.
Powerball jackpot climbs to $1 billion
The increased jackpot will be the second-largest in U.S. history.
Prices on new, used vehicles finally begin to creep down from inflated highs
Even with the average price of new and used vehicles beginning to ease, auto purchases remain unaffordable for many, with average prices still 30% to 50% above where they were in early 2020.
Powerball jackpot reaches $700M — 5th largest ever — ahead of Wednesday drawing
The Powerball jackpot also comes with an estimated $326.1 million cash option for the next drawing on Wednesday night.
Powerball jackpot grows to $610 million, 8th largest prize ever
The next round of winning numbers will be announced Monday at 11 p.m. ET.
Student loan forgiveness: 22 million people have applied for relief, Biden says
Biden said more than half of the people eligible for student loan relief have submitted their applications in the week since the website went live.