AOC, Matt Gaetz unite to introduce lawmaker stock trading ban

Members of Congress and their families are frequently accused of illegal trading practices, allegedly using their knowledge of upcoming legislation to make informed decisions on the stock market.

First Republic Bank seized by regulators, sold to JPMorgan Chase

San Francisco-based First Republic is the third midsize bank to fail in two months and is the second-biggest bank failure in U.S. history.

These are the cities you can earn six figures in and still be broke

A new study found that in 16 of the 100 largest U.S. metros, a family of three earning a $100,000 annual income would spend more on the basics than what they earn. California cities made up half of the list.

Texas: The Issue Is — State Rep. James Talarico pitches inflation relief bills

State Rep. James Talarico joins FOX 7 Austin's Rudy Koski to discuss his inflation relief bills, which would pause collection of several state-related fees for a year.

The best time to sell your home is this week, data reveals

According to the research, the week of April 16-22 offers higher-than-average prices and a lower-than-average time on the market, while also offering a higher-than-average number of buyers.

US retail sales fall amid high inflation, rising rates

The decline in sales adds to other recent evidence that the economy is cooling as consumers grapple with higher interest rates and the impact of a year-long bout of elevated inflation.

Senior Fed official sees need for more interest rate increases

Last month, inflation slowed as food and gas prices fell, but excluding those volatile categories, “core” prices kept rising and are 5.6% higher than a year ago.

Cheaper gas and food provide some relief from inflation in US

Much of the drop resulted from price declines for such goods as gas, used cars and furniture, which had soared a year ago after Russia’s invasion of Ukraine.

Social Security cuts could be coming soon — here's who will be affected

A recent government report suggests that Social Security funds face a long-term financial crunch that could mean some benefits get cut sooner for retirees.

First Citizens to acquire troubled Silicon Valley Bank, FDIC says

Customers of Silicon Valley will automatically become customers of First Citizens, which is headquartered in North Carolina.

Gender pay gap in US hasn’t changed much in two decades, report finds

New analysis from Pew Research finds that despite women earning more now than they did over 30 years ago, the disparity in pay for them compared to men has been stagnant.

Federal Reserve raises key interest rate by quarter-point

The Fed also warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions" and “weigh on economic activity, hiring and inflation."

More people are delaying paying up front

An increasing number of shoppers are leaning on buy now, pay later services -- with many using it to foot the bill for groceries.

Study finds 186 banks vulnerable to Silicon Valley Bank-like collapse

A new study says that, depending on certain market conditions, nearly 200 U.S. banks could be vulnerable to the same fate as Silicon Valley Bank.

Texas: The Issue Is – Senator Ted Cruz talks debt ceiling, border crisis

As the national debt continues to grow, reaching the highest debt seen in history, conversations in Congress continue to circle around what should be done regarding the U.S. debt ceiling.