Student loan repayment: Nearly half of Americans with college debt to cut essential spending
With student loan payments underway after the federal pause ended, many Americans are cutting back on essentials to make ends meet, MassMutual found. But Biden’s student loan relief initiatives aim to help borrowers now.
Biden administration gears up for second attempt to cancel federal student loans
The Department of Education is planning to hold meetings in two weeks to discuss how to provide debt relief to federal student loan borrowers.
Krispy Kreme mulling cash deal for Insomnia Cookies
Krispy Kreme acquired a majority stake in Insomnia in 2018.
Macy's to expand number of small-format, non-mall stores
The department store said Tuesday that it aims to add up to 30 new small-format locations through the fall of 2025, bringing the total number of such stores to roughly 42.
Consumers grow unhappy with credit card perks as they spend at record levels: report
Consumers are growing unhappy with credit card perks designed to build loyalty as debt soars to new highs, a recent J.D.Power report stated.
Which fast food chains have the best drive-thrus? New study reveals surprising answers
The next time you're hungry and are on the go, you may want to choose wisely.
Former Abercrombie & Fitch CEO Mike Jeffries under investigation over sexual exploitation allegations
Abercrombie & Fitch Co. has initiated a probe into its former CEO, Mike Jeffries, following allegations of sexual exploitation outlined in a BBC News report.
Car insurance cost rises 17%: Here are some factors that can help lower your bill
Insurance premiums have increased by 17% over the past 12 months, but drivers can use some cost-reducing strategies to lower those premiums, according to a recent Experian report.
Nassau County businesses hit hard by unprecedented flooding
For years, the Valbrook Diner in Valley Stream has been welcoming guests, but Friday’s rain and the flooding that came with it were far from invited.
Fear over Social Security's future pushes Americans to claim benefits early: survey
Most Americans understand Social Security, but concern over its future is pushing many to claim retirement benefits early, a recent Schroders survey said.
Toys R Us plans ambitious retail expansion: A return to air, land, and sea markets
Toys R Us, once thought to be a retail relic of the past, is set for a remarkable resurgence in the United States.
Gas prices unseasonably high despite a drop in demand: AAA
Nationwide gas prices dipped on average by only three cents to $3.83 for the week ending Sept. 28, according to AAA.
Americans to deplete pandemic era savings by end of Q3
After accumulating record breaking excess savings in the COVID-19 recession, Americans could soon deplete these reserves, the San Francisco Fed reported.
Costco exec says membership fee increase question of 'when, not if'
Costco CFO Richard Galanti remained coy about when the retailer's members could see their membership price increase, saying it would "happen at some point."
How a government shutdown could affect student loan payments
With a government shutdown looming, student loan borrowers could face more headaches once student loan repayments resume after a three year pause. Here’s what you need to know.
Gov. Hochul reacts to Target pulling out of Harlem
The Governor says local municipalities have the support of the state, but indicated City Hall has to find the solution.
Target closing East Harlem store, nine nationwide, citing theft threatening workers, shoppers
Target said it's closing nine store in four states, including one in East Harlem, New York and three in San Francisco, saying that theft and organized retail crime have threatened the safety of its workers and customers.
Student loan scams surge as October repayment date approaches
Scammers are looking to take advantage of borrowers in need of financial assistance as student loan payments start back up.
Amazon faces lawsuit over allegations of price inflation, anti-competitive practices
The Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms.
Biden's student debt forgiveness may be taxed in these five states
Although student debt discharged is exempt from federal tax due to the American Rescue Plan Act of 2021, some states may still tax the savings, according to a report by the Tax Foundation.