Older Americans command huge share of nation's wealth
'The Big Money Show' panelists discuss the 'gray-shaped economy,' highlighting how older Americans control a massive share of U.S. wealth and the government's spending on elderly programs.
Marcus Lemonis highlights what voters want to hear from Trump
'The Fixer' host Marcus Lemonis discusses President Donald Trump's economic messaging ahead of his speech in Georgia and a report those over age 65 have a large share of the nation's wealth on 'Varney & Co.'
Trump touts potential 20% tax refunds from 'Big Beautiful Bill'
President Donald Trump said tax refunds could exceed 20% this year thanks to his "One Big Beautiful Bill," eliminating taxes on tips, Social Security and overtime pay.
Americans see bigger tax refunds so far this year as filing season begins at a slower pace
Americans are getting bigger tax refunds this year, with average refunds jumping to $2,290 - up 10.9% from last year, according to the latest IRS data.
Latino Wall Street founder hosts star-studded gala at Mar-a-Lago, awards Argentina's Milei top honor
Gabriela Berrospi is on a mission to eradicate poverty through Latino Wall Street. At her star-studded Mar-a-Lago gala, she explains why "automation" and "patience" are the keys to generational wealth.
BlackRock survey finds 63% have under $150K saved for retirement
BlackRock Global Head of Retirement Solutions Nick Nefouse announces a new plan to expand retirement investment options on 'Varney & Co.'
High schools rethink how teens learn money skills
Students learn to prepare taxes, open Roth IRAs and manage investments in innovative personal finance classes spreading across American high schools.
Homebuilders reportedly developing 'Trump homes' program to improve affordability
Homebuilders reportedly proposed a "Trump homes" program backed by private investors to build up to 1 million affordable homes for first-time buyers amid affordability challenges.
Wall Street pushes solo 401(k)s for self-employed Americans seeking bigger tax breaks
'The Big Money Show' analyzes the surge in popularity of solo 410 (k)s as freelancers and self-employed Americans look to shelter more income from taxes.
Wall Street hotshot’s downfall deepens as bankruptcy filing lists guinea pigs, Apple watch among assets
Hedge fund manager Jason Ader, who helped unseat Yahoo CEO Marissa Mayer, admits he's down to just $240,000 in assets including guinea pigs worth $25 each.
Here's when taxpayers will get their refunds
The IRS typically processes tax refunds within 21 days for e-filed returns, while mailed returns take six weeks or more to process during the 2025 tax filing season.
Are new cars becoming a luxury item in America?
New car prices average $48,422 in April 2025, pricing out Americans who turn to used cars as luxury buyers make up 19.2% of new car purchases, according to an industry expert.
Trump Accounts hit 1 million sign-ups after Nicki Minaj White House summit appearance, Bessent says
Treasury Secretary Scott Bessent announced a Trump Accounts program update Thursday after a White House summit with the president and Nicki Minaj.
Middle-income Americans struggling to keep up as living costs weigh on paychecks, survey says
Middle-income Americans are continuing to face financial strain as 68% say their income isn't keeping up with rising costs, according to a new quarterly survey.
Some Social Security beneficiaries to receive payments early for February and March
The Social Security Administration shifts SSI benefit disbursements when the first of the month falls on weekends or federal holidays to ensure beneficiaries have money for bills.
Here's how much Trump Account balances could grow over time
New "Trump Accounts" offer tax-advantaged savings for children with a $1,000 government seed money. Parents can contribute up to $5,000 annually to these accounts.
JPMorgan Chase to offer $1K match for Trump Accounts belonging employees’ kids
JPMorgan Chase announced it will match the federal government’s $1,000 contribution to Trump Accounts belonging to eligible employees’ children.
Some retirement savers lose a key tax break under new IRS rule
New IRS rule affects high-income earners making 401k catch-up contributions. Workers earning $150,000+ must now use Roth accounts, losing tax deductions.
Bank of America to match $1,000 government deposits for Trump accounts
Bank of America said it will match the federal government’s $1,000 contribution to Trump accounts for eligible U.S. employees with qualifying children.
How Americans could get a $1,000 boost this tax season
The filing season for 2025 tax returns is officially open and American taxpayers are expected to see larger tax refunds after filing due to the One Big Beautiful Bill Act.