How Federal Reserve’s series of rate hikes could affect your finances

As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.

How to tip your mail carrier during Christmas, holiday season

While you can give your mail carrier a gift as a holiday thank-you, there are certain rules federal workers must follow when it comes to receiving gifts, per the United States Postal Service.

Hertz settles with $168M for customers falsely accused of auto theft

There is a $168 million settlement announcement from the Hertz rental car companies. The Fox 5 I-Team first told you about Georgia customers who complained they were falsely arrested for stealing their rental cars.

Club sports cost parents retirement savings, study says

A recent LendingTree study shows that 59-percent of parents say their child’s pay-to-play sport causes financial strains. Eleven-percent of parents go into debt for it.

BBB warns of gift card scams this holiday shopping season

Some consumer experts are calling gift cards the gift that keeps on giving, as they are expected to be one of the most given gifts this holiday season.

Don't have your Christmas plane ticket yet? Here's what an expert says

According to Hopper — known for flight and hotel deals — an estimated 53 million people are expected to depart from U.S airports over the holiday period.

Most small SUVs flunk updated insurance industry crash tests

Only the Ford Escape and Volvo XC40 got the top “good” rating in this year's testing released Tuesday. The Toyota RAV4 was rated “acceptable," while Audi's Q3, the Nissan Rogue and the Subaru Forester were “marginal.”

McDonald's ranks last in new survey of customer loyalty

Meanwhile, Chick-fil-A and In-N-Out Burger received the highest customer loyalty marks, according to the survey.

Laundry detergent recalled due to bacteria exposure risk

Over 14,000 Art of Green laundry detergent products are being voluntarily recalled because they may contain pseudomonas aeruginosa, a potentially harmful bacteria.

Baby formula recalled due to potential cross-contamination

ByHeart is recalling some of its infant formula out of an abundance of caution after a sample from a third-party manufacturing facility tested positive for bacteria. 

3M Scotch thermal laminators recalled due to fire hazard

3M said it has received nine reports of the laminators catching on fire, but no injuries have been reported.

Average price of gas plunges to cheapest in over a year

While the White House was quick to point out the latest numbers, AAA says seasonality is the main cause — and not everyone is seeing cheaper gas.

Subaru recalls Ascent SUVs due to fire risk; owners urged to park outdoors

Ascent SUVs made between 2019 and 2022 are being recalled after reports of two fires with no injuries. Subaru says owners of these SUVs can find out if their vehicle is affected by visiting the company's website.

Another Takata air bag death brings toll to 33, US reports

The National Highway Traffic Safety Administration said Friday that the person was killed in a crash involving a 2002 Honda Accord.

Holiday delivery notice scams surge

It’s no secret that we are all expecting a lot of holiday deliveries. We know about the porch pirates who take those gifts from the front door. But there are some thieves who use the simple knowledge that we are all about to get overwhelmed with packages to create some confusion. 

‘Alexa, thank my driver’: how to give an Amazon driver $5 for each delivery

To thank drivers this holiday season, just say 'Alexa, thank my driver’ to give your Prime driver a $5 gift - and it won't come out of your account.