Macy's delays Q3 earnings after employee conceals $154M in expenses

Macy's announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 million to $154 million in expenses.

How much money does it take to be financially successful? Depends on who you ask

Boomers and Gen Z had different answers in a new survey about how much money you need to be financially successful. But as it turns out, they may not be that far apart when you consider inflation.

Walmart warns of higher prices if Trump implements proposed tariffs

Potential tariffs could cost American consumers between $46B and $78B in annual spending power, the National Retail Federation says.

Historic 1652 coin found in furniture sells for $2.5M at California auction

A rare 1652 silver coin, about the size of a nickel, sold for $2.5 million at a California auction, breaking the previous record for a pre-Revolution American coin.

Target quarterly results fall as holiday discounts and dockworker strike hit profits

Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.

Trump's Treasury secretary pick: Who are the contenders?

President-elect Trump is reviewing candidates for the Treasury secretary role, with the list of contenders getting broader after Elon Musk offered an endorsement and shook up the race.

Spirit prepares for bankruptcy filing after failed Frontier talks: report

Spirit Airlines is reportedly planning to file for Chapter 11 bankruptcy protection after its latest attempt to merge with Frontier Airlines fell through.

Medicare premiums increasing in 2025

Medicare’s premium increase for Part B in 2025 outpaces both inflation and the Social Security cost-of-living adjustment (COLA).

Matt on the Money: Open enrollment
video

It's open enrollment season which means it is time to select your workplace benefits.

Federal Reserve cuts its key interest rate by a quarter-point on heels of election

The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.

Inflation may be coming down but that doesn't mean prices will, expert explains

Allianz chief economic adviser Mohamed El-Erian warned that even though inflation has cooled significantly, prices consumers face are unlikely to decrease.