The financial news that actually matters
Ford Motor Co. told investors on April 29 that it is raising its full-year 2026 profit forecast, betting that booming demand for its trucks and SUVs will more than offset a persistent drag from rising aluminum costs. The announcement, disclosed in a Form 8-K filed with the Securities and Exchange Commission, represents a sharp pivot…
Federal prosecutors have seized more than $2 million from a Pasadena, California, wound care clinic they say billed Medicare for tens of millions of dollars in a matter of months, according to an announcement from the U.S. Attorney’s Office for the Central District of California. Expert Wound Care PC submitted $46.6 million in Medicare claims…
When the Federal Trade Commission tallied fraud complaints for 2025, one statistic stood out above the rest: roughly one in three Americans who reported losing money to a scam said it started on social media. Not a phone call. Not a phishing email. A post, a direct message, or an ad on a platform they…
Twenty-two Minneapolis businesses were raided in a single coordinated federal operation in April 2026, targeting providers suspected of stealing from Medicaid programs that fund therapy for children with autism and housing support for vulnerable adults. According to the Associated Press, agents seized records and evidence from every location, making the sweep one of the most…
Paramount Global and Skydance Media want to buy Warner Bros. Discovery, the parent company of CNN, HBO, and DC Studios. But to get the deal done, they first need the Federal Communications Commission to sign off on something politically explosive: billions of dollars in financing from three Gulf state sovereign wealth funds tied to the…
For years, Wall Street’s biggest exchanges talked about putting stocks and bonds on blockchains. Regulators listened politely and did nothing. That changed when the Securities and Exchange Commission approved a Nasdaq rule change allowing the exchange to list and trade securities in tokenized form, making Nasdaq the first major U.S. stock exchange to receive explicit…
For a retiree collecting the average Social Security benefit of about $1,976 a month, according to SSA data, a 2.8% cost-of-living adjustment would add roughly $55 to each check ($1,976 x 0.028 = $55.33, rounded). That is the early 2027 COLA projection from The Senior Citizens League (TSCL), a nonpartisan advocacy group that tracks benefit…
In 2013, the Consumer Federation of America published rate comparisons showing that a driver with a clean record and a credit score near 580 could be quoted $1,000 or more per year above a neighbor with the same driving history and a score near 780, according to the organization’s analysis of online quotes from major…
Microsoft is offering voluntary buyouts to roughly 8,750 U.S. employees, an estimated 7% of its domestic workforce, through a program set to begin in early May 2026. The offer, disclosed in an internal memo from Chief Human Resources Officer Amy Coleman and reported by the Associated Press, puts thousands of workers in front of a…
An estimated 20 million single women in the United States own their homes, outnumbering single male homeowners by a margin that has persisted for decades. But federal data released over the past two years reveals that owning a home and owning one on equal terms are not the same thing. Single women consistently spend a…