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  • Elmer Reyes
  • August 20, 2025
  • MoneyWatch

Nexstar to acquire rival broadcast company Tegna in $6.2 billion deal

Nexstar Media will acquire rival broadcast company Tegna for $6.2 billion according to a joint announcement on Tuesday, another sign of consolidation in an already contracting TV broadcast sector. The transaction, if approved, will bring together two major players in U.S. television, expanding Nexstar’s reach in the U.S. television and [...]

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  • Elmer Reyes
  • August 20, 2025
  • MoneyWatch

Clean energy credits are set to expire. Find out how much you can claim before they end.

How Trump budget law will impact green energy How Trump’s budget law will impact green energy in the U.S. 08:06 The window to take advantage of clean energy credits is running out.  After three years, the sun is setting on a series of tax credits aimed at lowering the cost [...]

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  • Elmer Reyes
  • August 20, 2025
  • MoneyWatch

Thousands of tickets to Taylor Swift and other events illegally resold by broker, FTC alleges

A Maryland ticket broker is accused of illegally purchasing and reselling hundreds of thousands of tickets for profit, including thousands to Taylor Swift’s highly sought Eras Tour. The Federal Trade Commission is suing Key Investment Group, saying the company made millions of dollars in profit from reselling the tickets at inflated [...]

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  • Elmer Reyes
  • August 20, 2025
  • MoneyWatch

Powerball jackpot grows to $643 million after no winners in Monday drawing

The Powerball lottery jackpot — the biggest of the year — is swelling after nobody won in Monday night’s drawing.  The jackpot is now $643 million, with the next drawing set for Wednesday night. Although no one took home the full prize, two Powerball players won $1 million each, according [...]

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  • Elmer Reyes
  • August 20, 2025
  • MoneyWatch

S&P holds U.S. credit rating steady, saying tariff revenue will offset weaker finances

S&P Global Ratings reaffirmed its AA+ credit rating for the U.S., saying that new revenue raised by the Trump administration’s tariffs will help offset the tax cuts authorized by the Republicans’  One Big Beautiful Bill Act. The credit ratings agency, which issued its new assessment of the nation’s fiscal health [...]

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  • Elmer Reyes
  • August 20, 2025
  • MoneyWatch

Walmart recalls Great Value shrimp after FDA warns of risk of radioactive contamination

Walmart said it is recalling some frozen shrimp after the Food and Drug Administration warned that the seafood items, sold under the Great Value label, are at risk of radioactive contamination and shouldn’t be consumed. The frozen shrimp were imported from Indonesian company PT. Bahari Makmur Sejati and sold at [...]

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  • Elmer Reyes
  • August 20, 2025
  • MoneyWatch

Trump administration could block student loan relief for some workers in public service

The Trump administration is proposing a new rule that would bar people with outstanding college loans from relief on that debt if their employers were found to be “undermining national security and American values through illegal means.” The proposed rule, announced Monday by the Department of Education, would restrict people from participating [...]

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