IRS reveals updated retirement contribution limits for 2026

The IRS unveiled contribution limit changes for popular retirement plans, including 401(k) plans and IRAs.

American Airlines ends advantage miles program for basic economy fares

American Airlines has made a change that affects how millions of travelers earn rewards on its cheapest tickets — and now the airline is facing some backlash for it.

Ford shatters decade-old recall record with 152 safety alerts issued this year alone across multiple models

Ford Motor Company logged far more recalls in 2025 than any other automaker, according to federal safety data, eclipsing a decade-old industry record and underscoring ongoing quality issues affecting millions of vehicles across multiple model lines.

Student loan borrowers in default face wage garnishment starting Jan. 7

The Department of Education will begin garnishing wages from borrowers who have defaulted on federal student loans starting in early January.

Florida could lose billions if SNAP errors aren’t fixed

The Supplemental Nutrition Assistance Program (SNAP), commonly known as food stamps, is federally funded but administered by the state. Errors occur when payments are calculated incorrectly, either too high or too low.

Powerball jackpot spikes to $1.7 billion for Christmas Eve drawing

After there was no big winner in last night's drawing, the Powerball jackpot for the upcoming drawing will be one of the largest in lottery history.

Making Cents: December 19, 2025
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FOX 13’s Walter Allen tries to make sense of the latest business, development and technologies in the Bay Area.

Delayed November jobs report shows US added 64K jobs but lost 105K in October

The Labor Department  jobs report released Tuesday shows U.S. employers added 64,000 jobs in November but lost 105,000 in October.  The reports for both months were delayed due to the 43-day federal government shutdown.

Powerball jackpot soars to $1.25 billion for Wednesday's drawing

The cash prize continues to grow after no lottery player matched all of the winning numbers in Monday night's drawing.

TECO customers call for lawsuit in petition with more than 7,000 signatures as bills surge

TECO customers say their power bills have reached a breaking point. An online petition is calling for a lawsuit against the public utility, accusing it of price gouging.

Keeping financial resolutions on track
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FOX 13's Matthew McClellan talked with Celine Pastore, founder of SimplePath Retirement, on some important financial goals heading into the new year.

Refocusing finances for 2026
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FOX 13's Matthew McClellan speaks with Celine Pastore, founder of SimplePath Retirement, on how you can start the new year off on the right foot financially.