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Money

News related to money, savings and the economy.

Michigan's middle class: Here's the minimum annual income

Michigan's middle class: Here's the minimum annual income

Michigan's minimum income to be considered middle class has been revealed in a new study.

March 27, 2024 10:00am EDT
IRS has 940,000 unclaimed tax refunds from 2020 that will expire soon

IRS has 940,000 unclaimed tax refunds from 2020 that will expire soon

The IRS is warning taxpayers that they may be leaving more than $1 billion on the table.

March 25, 2024 3:12pm EDT
Detroit credit rated 'investment-grade', reaching milestone after historic bankruptcy

Detroit credit rated 'investment-grade', reaching milestone after historic bankruptcy

Mike Duggan held up and handed out bottles of black ink to commemorate the big day

March 25, 2024 12:25pm EDT
Powerball jackpot hits $800 million, sixth biggest prize in history

Powerball jackpot hits $800 million, sixth biggest prize in history

Monday's Powerball jackpot is now the sixth largest in game history.

March 24, 2024 8:41am EDT
Powerball jackpot up to $750 million after no big winners Wednesday

Powerball jackpot up to $750 million after no big winners Wednesday

The next Powerball jackpot is up to a whopping $750 million after no one hit the big prize Wednesday night.

March 21, 2024 8:52am EDT
Metro Detroit credit union shrinks branches, boosts proficiency for older members

Metro Detroit credit union shrinks branches, boosts proficiency for older members

There's a declining number of people who still enter branches to access their money - many are elderly and not savvy while using technology. Michigan Legacy Credit Union is trying to evolve while catering to those folks.

March 20, 2024 5:40pm EDT
Mega Millions jackpot hits $977 million after no winner Tuesday night

Mega Millions jackpot hits $977 million after no winner Tuesday night

Last night’s Mega Millions drawing brought no big winner. Here’s when the next drawing for the jackpot will take place.

March 20, 2024 9:23am EDT
Powerball drawing tonight worth estimated $645 million

Powerball drawing tonight worth estimated $645 million

The new jackpot is the second to surpass $600 million this year after no one won the top prize in this weekend’s drawing.

March 18, 2024 10:11am EDT
Realtors agree to axe 6% commissions in NAR lawsuit settlement

Realtors agree to axe 6% commissions in NAR lawsuit settlement

Real estate commissions could be lowered by 30% under a landmark court settlement: Industry experts say it will bring down home prices nationwide.

March 15, 2024 12:44pm EDT
More people moved to these US counties in 2023 than anywhere else

More people moved to these US counties in 2023 than anywhere else

The U.S. Census Bureau released data on Thursday showing the top 10 counties in the country with the most population growth in 2023.

March 15, 2024 8:28am EDT
IRS Direct File officially launches, offering free tax filing in these 12 states

IRS Direct File officially launches, offering free tax filing in these 12 states

Taxpayers in the 12 states who have very simple W-2s and claim a standard deduction may be eligible to use the free online tool this tax season.

March 12, 2024 11:31am EDT
Will I face a 'tax bomb' on student loan forgiveness?

Will I face a 'tax bomb' on student loan forgiveness?

Student loan forgiveness could have some tax consequences down the line. Experts say there are several situations that can lead to a “student loan tax bomb.”

March 6, 2024 10:24am EST
Jeff Bezos dethrones Elon Musk to become the world's richest person again

Jeff Bezos dethrones Elon Musk to become the world's richest person again

Jeff Bezos has reclaimed the title of world's richest person, dethroning Elon Musk on the Bloomberg Billionaires Index.

March 5, 2024 7:42am EST
Mega Millions jackpot rises to $650M after no ticket matches winning numbers

Mega Millions jackpot rises to $650M after no ticket matches winning numbers

The Mega Millions jackpot grew to an estimated $650 million after nobody matched the winning tickets in the drawing Friday night.

March 2, 2024 5:25pm EST
Tax Scammers and AI: Are You at Risk?

Tax Scammers and AI: Are You at Risk?

5 Simple Steps to Protect Your Tax Refund from scammers using AI

March 1, 2024 2:38pm EST
Walmart weighted groceries settlement: Could you be eligible for $45 million?

Walmart weighted groceries settlement: Could you be eligible for $45 million?

Here’s how you may qualify to receive cash from the Walmart settlement.

February 29, 2024 11:45am EST
Here's how much money you need to make to join the world's richest 1%

Here's how much money you need to make to join the world's richest 1%

It's getting more expensive to join the top 1% of wealthy Americans

February 29, 2024 9:54am EST
No, AI chatbots like ChatGPT can't do your taxes, and here's why

No, AI chatbots like ChatGPT can't do your taxes, and here's why

A lot of people have heard of AI chatbots like ChatGPT and other services, even if they have never used it. While some may think the technology could help file your taxes, there are a number of drawbacks. Here's what to know.

February 27, 2024 7:25pm EST
Food cost compared to income is highest in 30 years

Food cost compared to income is highest in 30 years

The high price to eat at home and dine out at restaurants put a financial strain on the wallets of Americans based on findings in a new report.

February 27, 2024 11:44am EST
Wendy's to test 'surge-pricing' menu that updates based on demand

Wendy's to test 'surge-pricing' menu that updates based on demand

Dynamic pricing, similar to Uber, is coming to Wendy's. The chain will invest in new high-tech digital menus to adjust prices depending on restaurant traffic.

February 27, 2024 8:28am EST
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'Like squishing a grape:' Man awarded $4M after suing Clinton Township officer who punched him

'Like squishing a grape:' Man awarded $4M after suing Clinton Township officer who punched him

Hyperbaric chamber explosion: No charging decision by judge in 5-year-old's death

Hyperbaric chamber explosion: No charging decision by judge in 5-year-old's death

Macomb County men charged in paternity test scheme while allegedly avoiding child support

Macomb County men charged in paternity test scheme while allegedly avoiding child support

'Pure evil:' Family of Warren man who was stabbed to death in barricade incident sound off

'Pure evil:' Family of Warren man who was stabbed to death in barricade incident sound off

Michigan lawmakers propose cutting property taxes for people who don't use public schools

Michigan lawmakers propose cutting property taxes for people who don't use public schools

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The 'Patriot Games': What we know about Trump's proposed high school athletic competition

The 'Patriot Games': What we know about Trump's proposed high school athletic competition

DTE gets approval for data center in Saline Township

DTE gets approval for data center in Saline Township

Missing Kentucky girl, who was abducted 40 years ago, found alive; Mom arrested in Florida, deputies say

Missing Kentucky girl, who was abducted 40 years ago, found alive; Mom arrested in Florida, deputies say

Trump signs executive order to reclassify marijuana as less dangerous drug

Trump signs executive order to reclassify marijuana as less dangerous drug

Fact Check Trump Presidential Address: Claims clash with administration’s own data

Fact Check Trump Presidential Address: Claims clash with administration’s own data

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