Americans to deplete pandemic era savings by end of Q3

After accumulating record breaking excess savings in the COVID-19 recession, Americans could soon deplete these reserves, the San Francisco Fed reported.

Powerball jackpot now up to $925 million after no grand-prize winners

The search continues for Powerball's jackpot winner. Powerball's jackpot will be just short of $1 billion after no one got all six winning numbers for Wednesday's drawing.

Government shutdown 2023: How it affects Texans

As the federal government looms closer to a shutdown at the beginning of October, government programs that some Central Texans rely upon could potentially face delays.

How a government shutdown could affect student loan payments

With a government shutdown looming, student loan borrowers could face more headaches once student loan repayments resume after a three year pause. Here’s what you need to know.

Biden's student debt forgiveness may be taxed in these five states

Although student debt discharged is exempt from federal tax due to the American Rescue Plan Act of 2021, some states may still tax the savings, according to a report by the Tax Foundation.

Arlington man told by Social Security Administration to pay back money paid to his mother in 1978

The SSA is asking Jimmie Byrd to pay them more than $1,400 that was paid 45 years ago to his mother who died back in 2011. He could not believe his eyes when he opened a letter from the SSA last month.

Household income drops amid high inflation

The typical American’s income dropped for the third straight year amid record-high inflation. But you can still pay down high-interest debt quickly.

Inflation is affecting parents' ability to pay for education: survey

Inflation is taking a toll on back-to-school shopping expenses in 2023 as parents struggle with funding their children's education, supplies and extracurriculars, according to a survey.

Social Security overpaid North Texas woman by $41K, now they are demanding the money back

Delfina Prisock says her life was turned upside down when she received the letter from the Social Security Administration in May, demanding she repay more than $41,000 in benefits.

Fed pauses interest rate hikes in September but could raise rates again this year

The Federal Reserve paused interest rates in its September meeting. But inflation remains high as Americans deal with record credit card debt. Here’s what to do.

Kyle City Council approves $272.5M budget, lowers property tax rate

Kyle City Council has approved a $272.5 million budget for next fiscal year, which includes long-term investments in infrastructure and services.

Student loan repayment may force some to take on more debt: survey

Many student loan borrowers are anxious that they won't be able to meet their payment obligations once repayments resume in October, according to a recent survey by Achieve.

Manor ISD approves lower property tax rate for 2023-24

Under the new rate, a home in Manor ISD with a taxable value of $400,000 could see a potential decrease of $1,000 in property taxes as compared to last year, says the district.

Social Security payments could rise 3.2 percent in 2024

The Social Security cost of living adjustment could increase to 3.2% in response to high inflation. But it’s far from the 2023 record raise and many Americans still struggle to generate retirement income.

What to know as student loan payments start up again

Federal student loan payments are set to resume Oct. 1 after being paused since 2020. In this "7 On Your Side", FOX 7 Austin's Carissa Lehmkuhl shares ways to avoid fraud while sorting out your loans.

US national debt hits $33T for first time in history

The U.S. national debt exceeded $33 trillion on Monday for the first time ever, setting off alarm bells over unprecedented levels of government spending.

Katy Perry sells music catalog for $225 million

On Monday, the company announced that the deal would include Perry's five studio albums that she recorded for Capitol Records between 2008 and 2020. The sale is worth $225 million, according to multiple reports.