CEO defends Robinhood at House committee hearing over GameStop saga
The House Financial Services Committee is holding a hearing Thursday following January’s GameStop saga during which shares soared 1,600% before falling back to Earth.
The House Financial Services Committee is holding a hearing Thursday following January’s GameStop saga during which shares soared 1,600% before falling back to Earth.
US unemployment claims jump to 861,000 as layoffs stay high
The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed COVID-19 cases.
The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed COVID-19 cases.
AOC pushes back after Biden dismisses progressives' plan to cancel $50,000 in student loan debt
Rep. Alexandria Ocasio-Cortez criticized President Biden after he shot down a proposal from progressive Democrats to eliminate $50,000 in student loan debt, saying the president's arguments against acting unilaterally on the matter "just don't hold water."
Rep. Alexandria Ocasio-Cortez criticized President Biden after he shot down a proposal from progressive Democrats to eliminate $50,000 in student loan debt, saying the president's arguments against acting unilaterally on the matter "just don't hold water."
Price for one Bitcoin surpasses $50K for first time
The seemingly unstoppable rise of Bitcoin continued Tuesday with the cost of a single unit of the digital currency rising above $50,000 for the first time.
The seemingly unstoppable rise of Bitcoin continued Tuesday with the cost of a single unit of the digital currency rising above $50,000 for the first time.
Auto hauler maker Cottrell to build $125M factory in Georgia
A Georgia manufacturer of auto-hauling trailers says it will invest $125 million to build a new factory.
A Georgia manufacturer of auto-hauling trailers says it will invest $125 million to build a new factory.
Stimulus benefits and your 2020 taxes: What to know
Tax season is right around the corner and many filers may have some different questions about their returns on the heels of an unprecedented year.
Tax season is right around the corner and many filers may have some different questions about their returns on the heels of an unprecedented year.
2021 tax filing season fast facts
Tax season officially began on Friday and it is shaping up to be another hectic year for taxpayers, preparers and the IRS.
Tax season officially began on Friday and it is shaping up to be another hectic year for taxpayers, preparers and the IRS.
Did you get the right stimulus check amount? Why you need to know before filing your tax return
Americans who have not received their coronavirus stimulus check payments, or who received the incorrect amount, have an opportunity to claim the missing money now that the 2020 tax season is officially underway.
Americans who have not received their coronavirus stimulus check payments, or who received the incorrect amount, have an opportunity to claim the missing money now that the 2020 tax season is officially underway.
Georgia rich with Black-owned or -operated banks and credit unions
As FOX 5 continues to highlight Black achievement during Black History Month, we look at banking. Access to credit is fundamental to financial growth and stability.
As FOX 5 continues to highlight Black achievement during Black History Month, we look at banking. Access to credit is fundamental to financial growth and stability.
House panel advances partial COVID-19 relief bill including $1,400 stimulus checks
The panel on Thursday evening approved its $940 billion piece of Biden's proposal on a 25-18 party-line vote
The panel on Thursday evening approved its $940 billion piece of Biden's proposal on a 25-18 party-line vote
Appeal or Deal: SK Battery has two choices to save 2,600 jobs
SK Battery is counting on the Biden Administration to reverse an order that threatens the future of its electric car battery plant in Jackson County. But a rival Korean battery manufacturer says the only way to save those 2600 jobs is to pay up.
SK Battery is counting on the Biden Administration to reverse an order that threatens the future of its electric car battery plant in Jackson County. But a rival Korean battery manufacturer says the only way to save those 2600 jobs is to pay up.
Microsoft announces major expansion in metro Atlanta
The investment will make Atlanta one of Microsoft's largest hubs in the United States.
The investment will make Atlanta one of Microsoft's largest hubs in the United States.
Unemployment claims dip to 793,000; layoffs remain high
Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.
Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.
Jackson County battery plant punished in trade secret controversy
A big blow for the future of a multi-billion dollar factory under construction in North Georgia.
A big blow for the future of a multi-billion dollar factory under construction in North Georgia.
Day trading is not sound investment strategy
After riding high and grabbing headlines, GameStop shares are tumbling. But boy did it go sky high before it dropped, and that piqued the interest of casual investors.
After riding high and grabbing headlines, GameStop shares are tumbling. But boy did it go sky high before it dropped, and that piqued the interest of casual investors.
Tesla invests $1.5 billion in Bitcoin, plans to accept as payment
The electric automaker said in an SEC filing Monday that it bought $1.5 billion in Bitcoin and will soon accept the digital currency as payment for cars.
The electric automaker said in an SEC filing Monday that it bought $1.5 billion in Bitcoin and will soon accept the digital currency as payment for cars.
Democrats set to introduce bill that provides $3,600 per child for some families: report
Democrats are moving to fast-track Biden's pandemic relief plan.
Democrats are moving to fast-track Biden's pandemic relief plan.
Biden says $15 minimum wage likely won't 'survive' in COVID relief package, looks to stand-alone bill
President Biden conceded that his push to fold a $15 minimum wage into a broader COVID-19 relief package likely won't "survive."
President Biden conceded that his push to fold a $15 minimum wage into a broader COVID-19 relief package likely won't "survive."
House passes budget resolution for $1.9T coronavirus relief after Senate's marathon session
The vote was 219-209 to adopt the budget framework that the Senate approved early Friday morning thanks to a tie-breaking vote cast by Vice President Kamala Harris.
The vote was 219-209 to adopt the budget framework that the Senate approved early Friday morning thanks to a tie-breaking vote cast by Vice President Kamala Harris.
Pandemic vices are putting more consumers in debt: 'It's 100% instant gratification'
Alcohol, cigarettes, adult entertainment and lottery tickets are just some of the items 70% of Americans are splurging on during the pandemic, a new survey from financial services company MagnifyMoney suggests.
Alcohol, cigarettes, adult entertainment and lottery tickets are just some of the items 70% of Americans are splurging on during the pandemic, a new survey from financial services company MagnifyMoney suggests.