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A man vaping on the street.

News 2h ago

'Poisoning American kids': Big Tobacco gave Trump PAC $5 million — and 5 days later, the FDA cleared flavored vapes

Reynolds American subsidiary sent $5 million check to MAGA Inc. Days later, flavored vapes clear FDA approval.

Sea of graduates at Boston College commencement ceremony.

Life 5h ago

Graduates are sending announcements to Chick-fil-A and Lego — and getting free gifts in the mail

While your student email is still active, take advantage of these software and delivery services as well.

Kevin Warsh has replaced Jerome Powell as Federal Reserve Chair.

News 9h ago

New Fed Chair Kevin Warsh faces 'doom loop' of debt and inflation. What's going on in the bond market?

Rising Treasury yields, war-driven inflation and a ballooning deficit create a vicious cycle for borrowers.

HAPPENING NOW

People walking in South Lake Tahoe.

News 9h ago

49,000 Lake Tahoe residents fear they'll lose power as data centers strain grids. Experts see electricity crisis ahead

Researchers warn America’s rapidly expanding data center industry could drive electricity prices up 57% in some regions by 2030.

An older woman looks pensive with her change.

News 10h ago

A Connecticut woman lost $900,000 in gold coins to a man posing as an agent from the Federal Trade Commission

The biggest threat to your wallet isn't a computer virus. It's a convincing voice on the other end of the phone.

Mohamed El-Erian is an economist and professor.

News 10h ago

Mohamed El-Erian says drivers are fooling themselves into thinking gas prices will come down

The economist believes Americans are resilient — but only up to a point.

A judge's gavel pictured with handcuffs and gold coins strewn about

News 10h ago

Striking at the ‘heart of public trust’: An ex-NYC judge has been charged in a $5 million real estate scheme

Court filings show Edward Harold King and a partner allegedly defrauded investors after presenting them with the opportunity to buy commercial property in Freehold, New Jersey.

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A side-by-side photo of Sam Altman, left, and Elon Musk, rivals in the AI space

News 11h ago

The end of a bromance: How the love was lost – and a court case decided – between Sam Altman and Elon Musk

Altman and Musk’s friendship blew up thanks to a recent court case. But their relationship has been festering for almost a decade.

A side by side image of Hollywood Hills homeowner Brian Bolain talking about the drain in front of his home that he learned he is responsible for alongside an image of the drain.

News 11h ago

A Hollywood Hills man inherited a 45-year-old deal that makes him liable for a $3.7M storm drain

Many homeowners don’t realize the city can legally force them to make infrastructure upgrades — or send you a bill for upgrades they’ve already made.

News 12h ago

He sued a Colorado police detective — and was just awarded $24 million. Here’s what happened

A false arrest allegedly wrecked Robert Dial's career, and his finances.

A photo of a veteran waving an American flag

Life 12h ago

From ski passes to complimentary 5-course meals: Businesses thank US service members with major deals this Memorial Day

For Memorial Day, businesses and restaurants are offering deals to active military and those who have retired from service.

Kevin O'Leary attends the 83rd annual Golden Globe Awards.

News May 22

Kevin O'Leary calls two Utah women Chinese operatives. Their reply: 'The only foreign operative here is a Canadian'

O'Leary is facing pushback over a 40,000-acre AI data center that he wants to build in Utah.

Young woman concernedly looking at phone while eating meal

News May 22

Visa says AI is supercharging scams: 'What once required deep technical skill can now be executed with a prompt'

Visa's chief risk officer tells Moneywise AI is transforming fraud in two major ways.

Gated mansion in Los Angeles

News May 22

'Unintended consequences': Developers say LA's so-called mansion tax is actually making the housing shortage worse

The tax itself raised $1.19 billion. Unfortunately, multi-family property sales dropped by nearly two-thirds.

Construction debris in dump truck parked outside house

News May 22

'Your home is sinking': Builders face increasing claims of poor construction as heartbroken owners see dreams dashed

Mold, cracked homes, sinking foundations. One homebuilder has seen claims double as homeowners air their complaints.

Thoughtful teen boy sitting outside

Managing Money May 22

Inheriting your late parent's 401(k) can trigger a 25% IRS penalty if you don't follow the withdrawal rules

Navigating a financial inheritance can be quite the task.

Karen Jenness

News May 22

A Florida woman's $625 move ballooned to $4,000 — and she had to borrow $3,000 from her mom to get her stuff back

Moving company complaints peaked in 2021, but it's still a risk nationwide. Here's what happened to one woman, and how to make sure it doesn't happen to you.