Federal Reserve likely to cut key interest rate: What to know

The Fed is almost certain to cut its key interest rate on Wednesday, but the shutdown has cut off critical hiring and inflation data used to make their decision. Here’s what to know about the meeting.

U.S., China reach preliminary deal to ease trade tensions

The U.S. and China reached a preliminary agreement that would prevent a new round of steep tariffs and keep critical rare earth mineral supplies flowing to the U.S. from China.

Your tax refund could be bigger in 2026 – here's how

Americans may see a boost in next year’s refunds in part due to provisions in President Donald Trump’s “big, beautiful" legislation. Here’s what you need to know.

Making Cents with Walter Allen 10/24/25
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FOX 13’s Walter Allen helps you make sense of the week’s business, economic and technology news.

Social Security cost of living adjustment for 2026: How much you'll get

The Social Security Administration released its annual cost-of-living adjustment on Friday, and it will take effect starting next year.

Americans more worried about finding jobs as inflation persists under Trump

A new AP–NORC poll finds that Americans are increasingly worried about their financial security and job prospects under President Donald Trump.

The October effect: Should investors be spooked
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FOX 13's Matthew McClellan talked with certified financial planner Michael Berkhahn about what the government shutdown means for investors.

What the government shutdown means for your wallet
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FOX 13's Matthew McClellan talked with certified financial planner Michael Berkhahn about some of the biggest ripple effects for Florida as a government shutdown continues.

Government shutdown: SNAP benefits could run out in November, Rollins says

SNAP benefits may be at risk if the shutdown continues into November, meaning food assistance could disappear for about 40 million people.

These states get the most Social Security benefits

The states that received the most Social Security benefits were California, Florida, Texas, New York and Pennsylvania.

Making Cents with Walter Allen: Oct. 17, 2025
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FOX 13’s Walter Allen helps you make sense of the week’s business, economic and technology news.

California's 'Bitcoin Jesus' pays $50M in tax evasion case

A California cryptocurrency investor nicknamed “Bitcoin Jesus" has paid nearly $50 million to resolve a federal tax evasion indictment without having to admit he committed a crime.

What to know about FAFSA applications amid government shutdown

The Education Department has opened the Free Application for Federal Student Aid (FAFSA) for the 2026–27 school year, even as the U.S. government remains shut down.

Oct. 15 is the tax filing extension deadline. What to know

Despite the government shutdown, taxpayers who requested extensions for their tax returns last year must still meet the deadline.