Business

Americans are receiving larger tax refunds on average in the 2026 filing season than last year, though taxpayers are filing at a slower pace in the first few weeks than they were a year ago.The latest IRS tax filing data was released by the agency on Friday and showed that as of Feb. 6, the average tax refund amount paid to taxpayers was $2,290.That represents an increase of 10.9% when compared with […]

Tax filing season is underway and scammers are looking to take advantage of unsuspecting taxpayers through a variety of ever-evolving scams seeking money and personal information.The International Association of Better Business Bureaus warns that tax scams typically originate with a phone call and tend to fall into two categories. In one, the supposed IRS agent tells the would-be victim that they owe back taxes and attempts to pressure them into paying with a […]

FIRST ON FOX – A group of Republican senators is urging Treasury Secretary Scott Bessent to ensure that any sale of Russian energy giant Lukoil’s foreign assets results in permanent divestment from Moscow, warning against what they describe as potential "shell game" proposals that could return control to Russia. In a letter Monday, Sens. Tim Sheehy, R-Mont., Steve Daines, R-Mont., and John Barrasso, R-Wyo., voiced support for President Donald Trump’s sanctions […]

Discount retailer Dollar Tree is opening new stores in increasingly affluent areas as it seeks to attract higher-income customers who spend more at the store per trip, a new report finds.An analysis by Bloomberg News found that 49% of new Dollar Tree stores opened in the last six years were located in wealthier parts of metro areas around the country, up from just 41% in the preceding six years.The share of new […]

Gas prices have surged in California in recent weeks as the state's supply is constrained due to recent reductions in refining capacity.The price of gas rose 40 cents in about two weeks, with the average price of gas across the state of California at $4.58 a gallon – an increase from $4.46 the prior week and $4.18 two weeks before that, according to data from AAA.Those figures are well above the […]

Fast-food giant Wendy's will close hundreds of its U.S. restaurants as it looks to focus on value and boost lagging sales in the domestic market.In the October through December quarter, the fast-food giant reported same-store sales, or sales at restaurants open for at least one year, declined 11.3% in the U.S.While Wendy's previously announced late last year its intent to close underperforming restaurants, interim CEO Ken Cook provided more details […]

White House Senior Counselor for Trade and Manufacturing Peter Navarro touted what he called a "Goldilocks economy" under President Donald Trump while promising Americans the "biggest rebate" in U.S. history."When Americans get those rebate checks on tax day, that’s going to be the biggest rebate and broad-based in American history," Navarro said Sunday. "In 2026, unless the geopolitics get in the way, it’s shaping up to be beautiful."Appearing on Fox News’ […]

Logan Paul’s big bet on Pokémon appeared to have paid off Sunday night.The WWE star and social media influencer broke a world record when he sold his 1998 Japanese Pikachu Illustrator, graded as a PSA gem mint 10, for more than $16.4 million. It was the only card of its kind to receive the high grade by PSA, which graded 52 others. Comparatively, Beckett graded five similar cards, with the […]

X experienced a widespread outage early Monday, leaving thousands of users unable to access the social media platform.According to Downdetector, a website that tracks service disruptions based on user reports, complaints surged to more than 41,000 around 8:40 a.m. ET, far above the typical baseline level.Reports had first begun trickling in earlier in the morning, starting with about a dozen complaints before rapidly escalating.The social media company did not immediately […]