Why are so many restaurant chains filing for bankruptcy this year?

The year has not even reached its fourth quarter and bankruptcies among restaurant chains, operating companies and large franchisees are already nearly double what they were in 2023.

Why there are more 401(k) millionaires in the US than ever before

A new report published by Fidelity Investments shows the number of 401(k) accounts with balances of $1 million or more hit a new record at the end of June.

Social Security: 3 changes to look out for in 2025, according to experts

The Social Security COLA increase in 2025 is likely to be smaller than in 2024, according to estimates. Here are some potential changes Americans should take into account.

Florida sales tax holidays helping shoppers save money

There are a lot of sales this weekend for the Labor Day holiday, but there’s also another holiday happening that will save you money. It’s the final week of Florida’s disaster preparedness sales tax holiday.

Stocks tumble as Dow, S&P 500 close out worst day since 2022

The Dow Jones Industrial Average tumbled 1,033.99 points, or 2.6%, while the Nasdaq Composite and S&P 500 fell 3.43% and 3%, respectively. The Dow and S&P 500 closed out their worst day since September 2022.

Matt on the Money: Tipped out
video

The majority of Americans say they're seeing tips expected in more places now than in years past.

Dow, S&P 500, Nasdaq have worst session since 2022

U.S. stocks registered the worst session since 2022 after a string of weak economic reports jolted investor fears that a recession may be brewing. 

Study ranks US states with most financially-distressed residents

WalletHub's recent study reveals the U.S. states with the most financially-distressed residents, highlighting surprising trends and economic struggles. Michigan tops the list, followed closely by Texas and Nevada.

Can you get dorm insurance for college students?

Yes, dorm insurance can be an option but it will all depend on what your insurance provider offers and if your student’s circumstances warrant the investment.

Federal Reserve sees progress with inflation, hinting that a rate cut is near

The Federal Reserve said progress was made to lower inflation, suggesting that the central bank is moving closer to cutting its key interest rate for the first time in four years.