Experts shocked by Powerball winners' behavior

by Joe Kovacs -- [caption id="attachment_2844134" align="aligncenter" width="600"] The Robinson family of Munford, Tennessee, flew to New York with their lawyer before cashing in their winning Powerball ticket (NBC Today show)[/caption] It's more…

Bernie Sanders: Higher taxes for health care

by -NO AUTHOR- -- (CNN MONEY) – Bernie Sanders likely wants to raise everyone's taxes to pay for universal health care, but promises it will be worth it. The Democratic presidential contender more…

Rand Paul: Fed's claim of being audited is a 'farce'

by Chelsea Schilling -- The Federal Reserve – the quasi-public organization that largely controls U.S. monetary policy behind closed doors – doesn't want investigators poking their noses into its operations. And now, more…

GoFundMe: Woman seeks Powerball reimbursement

by -NO AUTHOR- -- (KPIX) A GoFundMe page for a woman named Cinnamon Nicole, who says she spent everything on Powerball tickets, is going viral in the aftermath of the record-breaking jackpot more…

Saudi Arabia buying up farmland in U.S. Southwest

by -NO AUTHOR- -- (CNBC) Saudi Arabia and other Persian Gulf countries are scooping up farmland in drought-afflicted regions of the U.S. Southwest, and that has some people in California and Arizona more…

Dow plunges 391, retail sales lowest since 2009

by Douglas Ernst -- [caption id="attachment_319115" align="aligncenter" width="596"] Walmart will begin closing 269 stores in February 2016[/caption] U.S. retail spending in December hit lows not seen since 2009. Friday's report sent the more…

Oregon governor seeks huge minimum-wage hikes

by -NO AUTHOR- -- (CNNMONEY.COM) Oregon's governor has proposed wage hikes that would set hourly pay at a minimum of $13.50 by 2022. Gov. Kate Brown is pushing a new, two-tiered system more…

Obama halts new coal leases

by -NO AUTHOR- -- WASHINGTON (AP) — The Obama administration says it's halting new coal leases on federal lands until it completes a comprehensive review. The question is whether fees charged to more…