Americans’ retirement savings grow as more families participate in plans
Americans stepped up their participation in retirement plans and saw their savings grow in recent years, a new analysis from the Federal Reserve finds. The Federal Reserve’s Survey of Consumer Finances released a report on Friday detailing changes in U.S. family finances from 2022 to 2025 found that enrollment in retirement plans ticked up to […]
Federal budget deficit hits $2T as national debt costs surge
The federal government’s budget deficit totaled $2 trillion in fiscal year 2026 as the cost of servicing the nation’s more than $40 trillion national debt surged. The nonpartisan Congressional Budget Office (CBO) released data on Thursday showing the federal budget deficit rose to $1.993 trillion in fiscal year 2026, which concluded at the end of […]
Trump says Russia has agreed to deliver millions in diesel fuel after ‘highly successful discussion’
President Donald Trump announced Friday that Russian President Vladimir Putin agreed to “immediately supply over 300,000 Tons of Diesel Fuel to the American and Global Marketplace, another 500,000 Tons during the month of November, and 1,000,000 Tons immediately thereafter.” Trump said the agreement came after the two had a “highly successful discussion.” He added on […]
Walmart recalls 4.4 million grill brushes over serious injury risk
Millions of Walmart shoppers who purchased grill-cleaning brushes over the past five years are being urged to stop using them because tiny metal bristles could end up in their food and cause serious internal injuries. Walmart has recalled nearly 4.5 million Expert Grill brushes over concerns their wire bristles can break loose during cleaning and […]
Anthropic’s Claude AI fabricates eyewitness account, submits false murder tip to police website
An artificial intelligence (AI) model developed by Anthropic submitted a false tip about an unsolved murder through a Philadelphia police website during an automated test. The Philadelphia Police Department said Anthropic notified authorities on Oct. 7 about the incident and explained that the submission resulted from an automated testing process. “The tip was flagged as […]
Mortgage rates rise for seventh straight week, squeezing homebuyers
Mortgage rates rose for the seventh straight week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 7.4% from last week’s reading of 7.28%. The average rate on a 30-year loan was 6.3% a year ago. BABY […]
Why millions of seniors are getting checks from the government
Millions of Americans enrolled in Medicare are receiving $90 payments from the federal government this month as part of a Trump administration initiative to help offset health care costs. More than 20 million Medicare beneficiaries are eligible for the one-time payments, with most expected to receive the money through direct deposit on or around Oct. […]
Jeff Bezos says socialism gains traction because of ‘real affordability problems,’ lack of real solutions
Amazon and Blue Origin founder Jeff Bezos explained in an interview on Wednesday why he thinks socialism is gaining traction among some politicians and voters, and what he thinks they’re getting wrong. Bezos spoke on the factory floor of Blue Origin’s Space Coast facility with Fox News’ Bret Baier in an interview that aired on […]
Lyft agrees to $272 million settlement over California wage theft claims
Lyft has agreed to pay $272.5 million to settle claims that it committed wage theft against California drivers in the six-year lawsuit the Golden State brought against the rideshare company. California Attorney General Rob Bonta and the city attorneys of Los Angeles, San Diego and San Francisco sued Lyft in 2020 on allegations the company […]
PepsiCo raising prices on Doritos, Ruffles, SunChips and some sodas after recent cuts
PepsiCo is raising prices on some of its popular chips and sodas, including Doritos, Ruffles and SunChips, just months after cutting prices in an effort to win back inflation-weary shoppers. The company said prices on certain snacks and drinks will rise by single-digit percentages as it deals with higher costs for fuel, aluminum and agricultural […]