More than 400,000 Honda Civics were recalled after the automaker discovered that a manufacturing issue may cause wheels to come off the vehicle while moving.…
One of the biggest tax decisions that a couple can make is whether to take the standard deduction or itemize. The standard deduction offers a straightforward way to reduce your taxable income. In 2025 it’s…
U.S. consumer sentiment declined to its lowest level in more than three years and near an all-time low as households’ concerns about the economic impact of the government shutdown mounted, according to new data. The University of Michigan’s Index of Consumer Sentiment preliminary reading for November was 50.3, well below the…
Turning 65 doesn’t just mark a milestone in life, it can also unlock valuable tax savings. The IRS grants seniors an extra standard deduction. This deduction can lower taxable income by thousands of dollars, helping stretch retirement savings further. Whether you’re newly retired or planning ahead, understanding how this deduction…
American households’ debt burdens increased to the highest level on record in the third quarter of 2025, according to a new report by the Federal Reserve Bank of New York. The New York Fed’s Center for Microeconomic Data released its quarterly report on household debt and credit this week, which showed that…
Secretary of Transportation Sean Duffy told FOX Business on Friday that major U.S. airlines are “going to lose millions of dollars” after the Federal Aviation Administration (FAA) slashed flights at airports around the country due to the ongoing government shutdown. In order to reduce the strain on air traffic controllers, who…
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Financial services firms have increased their presence in the state of Texas in recent years as they diversify their strategic footprint beyond the traditional financial hub of New York City’s Wall Street. Several of the nation’s…
