Treasury intercepts nearly $99M in federal payments to deceased individuals under Trump fraud order

The U.S. Department of the Treasury has prevented nearly $99 million in federal payments from being disbursed to deceased individuals using a new verification system deployed under President Donald Trump's executive order targeting government fraud, waste and abuse.

US average gas price rises above $4 a gallon again

Drivers are feeling a financial squeeze at the pump as the national average for a gallon of gasoline went over $4. The surging price eclipses last year's average, which had settled slightly over the $3 mark.

These states have the most residents in financial distress, data shows

A new WalletHub report reveals which states are facing the greatest financial strain, highlighting rising bankruptcy filings and lower credit scores.

Pizza chain to close up to 50 locations as sales slump

MTY Food Group CEO Eric Lefebvre various store locations at this pizza chain will close after nearly two years of turnaround efforts failed to deliver results.

Acting director for US intelligence announces new round of job cuts

Bill Pulte, the acting director of ​National Intelligence, announced on social media last week that the agency began a new wave of job cuts, but he declined to provide specific figures on how many positions are being eliminated.

Gen Z breaks ultimate taboo by posting salaries online

A Wall Street Journal editor says high living costs and labor market uncertainty are pushing personal finance into public view.

Healthcare fraud recoveries top $5.5 billion despite enforcement slowdown

A new government report reveals that federal oversight efforts recovered billions of dollars in funds, resulting in individuals and companies being banned from federal healthcare programs.

Consumers shouldn't expect prices to fall anytime soon, top economist warns

Conference Board Chief Economist Dana M. Peterson says consumers are abandoning big-ticket items as housing, healthcare, ad insurance costs influence spending.

Obamacare premiums going up next year - Here's why

Millions of Americans who buy health insurance through the Affordable Care Act marketplace could face another year of higher premiums in 2027.

IRS COVID tax refund deadline is approaching: What to know

Millions of taxpayers who may be entitled to refunds or relief from IRS penalties and interest tied to the COVID-19 emergency have days to file claims.

These Social Security recipients will receive 2 payments in July

Millions of Social Security beneficiaries will receive two payments in July due to a minor scheduling anomaly. The Social Security Administration is adjusting its distribution dates to ensure recipients receive their money.

Average new car payment reaches all-time high as affordability issues persist

The average new car payment rose to an all-time high in the first quarter as American households continued to face affordability challenges in the economy.

Harriet Tubman $20 bill plan halted, treasury secretary says

The Treasury Department is no longer moving forward with plans to place abolitionist Harriet Tubman on the $20 bill, Treasury Secretary Scott Bessent said.

Another USPS stamp price increase takes effect soon

Your next trip to the mailbox could cost more. Here's when USPS stamp prices are going up – and by how much.

Microsoft cuts 4,800 jobs, including many in Xbox division

Microsoft has announced it is cutting 4,800 jobs, including many in its Xbox division. Here's what to know.

The US Treasury is holding approximately $29.7 billion in matured US Savings bonds- How to see if you have any

The U.S. Department of the Treasury (USDT) is holding some 80 million matured U.S. Savings bonds worth approximately $29.7 billion that have stopped earning interest. What you can do to see if you have unclaimed bonds.

Alibaba agrees to pay $600 million to settle illegal drug lawsuit

Alibaba reached a massive financial settlement with the U.S. government to resolve accusations that the company allowed the sale and importation of illegal pharmaceuticals and medical equipment on its major platforms.

Flesh-eating screwworm outbreak escalates in West Texas as confirmed cases reach 31

Federal and state agricultural officials have confirmed that the number of New World screwworm cases in the United States has reached 31, prompting Texas authorities to maintain strict emergency quarantine orders to combat the flesh-eating parasite's ongoing expansion in West Texas.