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Business

News related to money, including business and finance.

Biden announces a fresh round of $7.5 billion in student loans canceled

Biden announces a fresh round of $7.5 billion in student loans canceled

The latest round of cancellations targets $7.4 billion of student loans for 277,000 borrowers, the Department of Education said in a statement.

April 18, 2024 1:00pm EDT
Many personal loan borrowers rely on loans for everyday expenses as cost of living grows

Many personal loan borrowers rely on loans for everyday expenses as cost of living grows

14.5% of borrowers use personal loans for everyday expenses as everyday costs grow.

April 18, 2024 12:25pm EDT
Caitlin Clark nearing 8-figure deal with Nike which includes signature shoe: Report

Caitlin Clark nearing 8-figure deal with Nike which includes signature shoe: Report

Caitlin Clark's college deal with Nike expired at the conclusion of the women's college basketball season last week. But the show brand apparently did not want to let her go.

April 18, 2024 10:42am EDT
Supreme Court makes it easier to sue employers for job transfers

Supreme Court makes it easier to sue employers for job transfers

Workers who are transferred from one job to another against their will can now more easily sue their employers for job discrimination, even when they are not demoted or docked pay.

April 18, 2024 7:17am EDT
NYC unveils plans for 62-story office tower on Park Avenue

NYC unveils plans for 62-story office tower on Park Avenue

NYC Mayor Eric Adams helped unveil plans to build a new 62-story office at 350 Park Avenue in Midtown Manhattan.

April 17, 2024 7:13am EDT
Red Lobster reportedly considering filing for bankruptcy

Red Lobster reportedly considering filing for bankruptcy

Red Lobster is reportedly considering filing for bankruptcy to relieve financial pressures that have weighed on the company.

April 17, 2024 6:58am EDT
Your Social Security COLA increase could be bigger than expected next year

Your Social Security COLA increase could be bigger than expected next year

Social Security recipients are on track to receive a cost-of-living adjustment (COLA) next year that is bigger than previously expected after inflation accelerated for the third month in a row.

April 16, 2024 10:55pm EDT
Many student loan borrowers missing opportunity to find debt relief in SAVE plan: survey

Many student loan borrowers missing opportunity to find debt relief in SAVE plan: survey

Roughly 3 in 4 borrowers who make $75,000 or less annually and would benefit from the SAVE plan are not currently enrolled in the plan, a recent Student Debt Crisis Center (SDCC) survey said.

April 16, 2024 6:36pm EDT
‘Kitchen appreciation’ fee? Restaurant diners still facing hidden surcharges

‘Kitchen appreciation’ fee? Restaurant diners still facing hidden surcharges

Hidden fees at restaurants have become increasingly common for diners in recent years, while restaurants grapple with higher food prices, increased labor costs and more.

April 16, 2024 10:04am EDT
High inflation is costing Americans an extra $1K a month

High inflation is costing Americans an extra $1K a month

Americans are now facing an additional financial burden of $1,069 per month due to high inflation compared to three years ago.

April 15, 2024 7:03pm EDT
Retired Americans with student loan debt risk garnishment of Social Security benefits

Retired Americans with student loan debt risk garnishment of Social Security benefits

Democrat lawmakers want the Biden Administration to end the practice of Social Security garnishment to pay off outstanding student loan debt that impacts millions of older Americans.

April 15, 2024 5:55pm EDT
New York has the highest tax burden out of all 50 states, study reveals: Full list

New York has the highest tax burden out of all 50 states, study reveals: Full list

Other states, however, rank higher for highest property tax burden and highest individual income tax burden. Here's the full list.

April 15, 2024 2:30pm EDT
Credit card delinquency rates hit worst level since 2012 in new Fed data

Credit card delinquency rates hit worst level since 2012 in new Fed data

All stages of credit card delinquency — 30, 60 and 90 days past due — rose during the fourth quarter of 2023 to the highest level since 2012, when the Fed began tracking the data.

April 15, 2024 9:03am EDT
Tax Day 2024: Can’t file by April 15? Here’s how to get an extension

Tax Day 2024: Can’t file by April 15? Here’s how to get an extension

Please note: Filing for an extension by April 15 is necessary to avoid potential penalties.

April 14, 2024 6:40pm EDT
1 in 3 Americans maxing out credit cards because of inflation: survey

1 in 3 Americans maxing out credit cards because of inflation: survey

The majority of Americans who have maxed out their credit cards said they did it because of price increases from inflation, a recent survey from Debt.com said.

April 12, 2024 2:14pm EDT
President Biden announces new student loan forgiveness plans that could benefit 23 million Americans

President Biden announces new student loan forgiveness plans that could benefit 23 million Americans

23 million borrowers could see accrued interest removed from their bills, and millions more could see partial or total forgiveness under Biden's new plan.

April 11, 2024 7:24pm EDT
'Subscription creep': How much it's costing you and how to stop it

'Subscription creep': How much it's costing you and how to stop it

Managing the array of consumer options can be daunting as expenses grow, especially when subscriptions are forgotten; here are strategies to track surplus subscriptions.

April 11, 2024 6:10pm EDT
How does your savings account compare to the average American?

How does your savings account compare to the average American?

The amount of money in your savings may vary depending on your income, lifestyle, monthly costs and other life factors.

April 11, 2024 4:42pm EDT
March inflation breakdown: What prices are rising the fastest?

March inflation breakdown: What prices are rising the fastest?

Here is a breakdown of where Americans are seeing prices rising and falling the fastest as they continue to wrestle with sticker shock.

April 11, 2024 10:04am EDT
A top goal of Americans is to buy a new car, build emergency savings: study

A top goal of Americans is to buy a new car, build emergency savings: study

This year, Americans will be looking to take advantage of an improving car buying market and to save for emergencies.

April 10, 2024 6:44pm EDT
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Stimulus payment December 2025, IRS direct deposit relief payment & tariff dividend fact check

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South Jersey mayor indicted on child endangerment, abuse charges

South Jersey mayor indicted on child endangerment, abuse charges

SCOTUS will allow Texas to use redrawn congressional map for 2026 election

SCOTUS will allow Texas to use redrawn congressional map for 2026 election

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