Retirement savings 'magic number' surges to new high for Americans

The "magic number" that Americans believe they need to retire comfortably has jumped to an all-time high, according to a new study by Northwestern Mutual.

New FAFSA system plagued with technical glitches, delays

The rollout of a new application system for federal student aid has caused issue after issue. 7 On Your Side reporter Carissa Lehmkuhl has the details.

Powerball jackpot hits $1.09 billion after no winner on Monday

The Powerball jackpot jumped to an estimated $1.09 billion after no one matched all six numbers during last night’s drawing. Here’s what to know if you plan to play.

With taxes due in 2 weeks, here's how to file a tax extension

The deadline to file your taxes is April 15, but if you don’t know if you’ll be ready in time, these are the steps to file a tax extension.

Minimum wage vs. tipped wage: State-by-state comparison

Most fast food workers in California are set to be paid a minimum of $20 per hour under a new law that starts Monday. Here is a look at how that compares to other minimum wages across the country.

Final fourth quarter GDP revised upwards as consumer spending rises

The final estimate for real gross domestic product (GDP) in the fourth quarter of 2023 was revised upwards, showing that the U.S. economy grew.

Cities have been eclipse-planning for months, ready to capitalize on tourism boom

The eclipse’s path to totality is also a path to profits. Cities along the way have been preparing to capitalize on this event for months – some, even years.

Why are food prices so high despite inflation falling?

Even if the cost of groceries declines, researchers say it's harder to notice decreasing food prices when the overall cost of living remains steep.

Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison

FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for a cryptocurrency fraud that a prosecutor has described as one of the biggest financial frauds in U.S. history.

US students want financial planning and other life skills education, survey finds

Nearly 1 in 5 recent U.S. graduates said they are the least confident in handling automotive maintenance, such as changing a tire or their oil, according to the survey.

401(k) hardship withdrawals increase as inflation stays high

A record number of Americans are dipping into their retirement savings accounts for financial emergencies amid ongoing high inflation.

Powerball winning numbers drawn for $865 million jackpot

The winning numbers have been drawn for Wednesday night's Powerball jackpot, which totaled $865 million with a $416.1 million cash option.