IRS in the hot seat over potential cash grab from Spain’s World Cup winnings: ‘It’s a ripoff’

NEWYou can now listen to Fox News articles! As reigning 2026 FIFA World Cup champions, Spain won $50 million in prize money, but a large portion of that could be subject to federal taxes in the United States — potentially up to 30%. “I think it’s a ripoff,” Rep. Tim Burchett, R-Tenn., told Fox News … Read more

Elite universities face federal cash squeeze over millions tied to China-linked entities

NEWYou can now listen to Fox News articles! Elite American universities have accepted millions of dollars from foreign sources on federal watchlists, including some with ties to the Chinese military, according to government data. State and Education Department officials said that dozens of universities reported receiving $27.6 million from foreign entities on at least one … Read more

New Yorkers collected $2.6 billion in welfare cash payments last year, city data shows

NEWYou can now listen to Fox News articles! New York City doled out more than $2.6 billion in cash assistance to city residents in 2025, a Fox News Digital review of city records showed. The money reached a record 864,999 people, a 30-year high not matched since before former Mayor Rudy Giuliani instituted major welfare … Read more

Iraq seizes mounds of gold and millions in cash from officials in corruption crackdown

Iraqi authorities have seized more than 825 pounds of gold and ten of millions in cash in a series of anti-corruption operations that led to the arrest of at least 21 people, including dozens of government officials and several former and current members of parliament. The seizures were connected to the arrest in May of … Read more

Dem Senate hopeful pocketed massive taxpayer-funded cash while skipping hundreds of votes

Iowa Democrats seek to flip US Senate seat FOX Business correspondent Grady Trimble reports on state Rep. Josh Turek and state Sen. Zach Wahls competing for the chance to challenge the GOP U.S. Senate candidate in a key race on ‘Special Report.’ NEWYou can now listen to Fox News articles! Josh Turek, a two-time Paralympic … Read more

Mamdani and Hochul announce cash infusion for New York City Abortion Access Hub expansion

NEWYou can now listen to Fox News articles! New York City and New York state are funneling hundreds of thousands of dollars in new funding toward the New York City Abortion Access Hub. Press releases from the offices of Big Apple Mayor Zohran Mamdani and Empire State Gov. Kathy Hochul declared that the two figures … Read more

Swalwell pal accused of using campaign cash to bankroll ‘luxury lifestyle’ — including Super Bowl tickets

NEWYou can now listen to Fox News articles! Sen. Ruben Gallego, a Democrat from Arizona who was a key ally of disgraced former Rep. Eric Swalwell, used campaign cash to fund luxury trips with his family and to cover his childcare expenses, according to campaign finance filings and a source familiar with his finances. Gallego, … Read more

Talarico touts Texas roots as out-of-state cash powers Senate campaign

NEWYou can now listen to Fox News articles! Donors from outside of Texas accounted for roughly 50% of the funds Texas Democratic Senate nominee James Talarico received during the final stretch of the first quarter of 2026, compared to his Republican opponent, who received just about 25% of his cash from out of state. Of … Read more

How high-end credit card perks are hurting shoppers who pay in cash

The total credit and debit card fees paid by merchants to card processors, led by Visa and Mastercard, have increased 70% since 2019 to $198 billion in 2025, according to data from the Nilson Report. The rise has been fueled by an overall increase in consumer spending, a shrinking number of people using cash and … Read more