Biden cancels $1.2 billion in student loans for borrowers enrolled in SAVE

The first batch of student debt cancellations under the SAVE plan is underway as President Joe Biden announced $1.2 billion in student loan forgiveness six months ahead of schedule.

No relief for seniors as big drop forecasted for Social Security COLA

Early estimates for Social Security benefits and cost of living adjustments are low as inflation slows, but seniors struggle to make ends meet.

Poll: Most Americans feel they overpay on their taxes

A majority of U.S. taxpayers feel they pay too much in taxes, with many saying that they receive a poor value in return.

Some student loan borrowers are boycotting payments, but the risk is high: survey

Six in 10 student loan borrowers have missed payments since the student loan payment pause ended in October after a 42-month payment and interest accrual pause, a recent Intelligent.com survey said.

Nike cutting 1,600 jobs to cut costs

Nike is laying off 2% of its corporate workforce as it contends with weaker consumer spending. 

US Department of Education supports colleges and students amid FAFSA delays

The U.S. Department of Education is stepping in to support colleges in sending out financial aid awards sooner to students after an inflation fix to the new FAFSA form delayed the timeline.

Target launches dealworthy low-cost brand: Prices start at under $1

Target's new dealworthy low-cost brand will include everyday items like power cords, undergarments, socks, laundry detergent, dish soap and more.

Bob's Red Mill founder Bob Moore dies at 94

Bob Moore, Bob’s Red Mill founder, will be remembered for “his energy and larger-than-life personality," the company said. He started the whole grain company in the late 1970s with his wife.