New rules could make it easier to switch banks

A new banking rule would make it easier to switch banks or lenders, but it’s already facing pushback from the financial industry.

Inflation gauge falls to lowest level in 3 1/2 years

Inflation has improved over the past two years after supply chains recovered from disruptions from the pandemic and the Federal Reserve raised its key interest rate.

Navigating open enrollment season: tips from a finance expert

Millions of workers are making big choices about their benefits. University of San Diego Finance Professor Dan Roccato joined FOX6 WakeUp with tips on how to best approach open enrollment season.

Taxpayers in these 24 states will be able to file their returns directly with the IRS

The IRS is expanding its Direct File program to 30 million taxpayers in 24 states for the 2025 tax season. Learn more about the new eligibility standards and participating states.

Fed cuts interest rates, how it impacts you

The Federal Reserve cut its benchmark interest rate by 50 basis points, or 0.5%, but what does that mean for you?

Fed cuts interest rates, how it impacts you
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Dan Rocatto from the University of San Diego joined FOX6 WakeUp with all the info on the interest rate cut, and what it means to you.

Maryland city will pay you $20,000 to move there

A city in Maryland is offering a $20,000 incentive to get new residents to move there.

Survey reveals Americans' 2 biggest financial regrets

Amid ongoing inflation, a new survey found that the majority of Americans have financial regrets. Here's what they are.

The US added 818,000 fewer jobs this year than originally estimated

Over 800,000 fewer jobs were added by employers in the last few months, but consumer sentiment about the economy is still strong.

July inflation drops below 3 percent as Fed considers September rate cut

Inflation dipped below 3% for the first time in three years, and that, combined with other economic indicators, may push the Fed to slash interest rates more than once.

Biden asks Supreme Court to lift block on student loan repayment plan

The Biden Administration has turned to the Supreme Court to help lift a block on the Saving on a Valuable Education (SAVE) plan.

Mortgage rates drop to lowest rate in more than a year

Mortgage rates dropped to the lowest they've been in over a year after reacting to a lower-than-expected jobs report.

Parents rely heavily on borrowing to pay for college costs: survey

Roughly 42% of families said they planned to rely on federal student loans, and 16% said they would use private loans to pay for college, according to a recent survey.