What is a personal line of credit?
A personal line of credit is a type of revolving credit that can be used to cover expenses like home renovations. Here’s what you need to know before applying.
A personal line of credit is a type of revolving credit that can be used to cover expenses like home renovations. Here’s what you need to know before applying.
US unemployment claims rise by 28,000, but still low at 222,000
U.S. unemployment claims climbed by 28,000 last week to 222,000, even though the U.S. job market has been rebounding from the coronavirus recession.
U.S. unemployment claims climbed by 28,000 last week to 222,000, even though the U.S. job market has been rebounding from the coronavirus recession.
Holiday shoppers plan to spend nearly $1,000 this year, survey finds: 3 tips to avoid overspending
Consumers plan to spend $998 this holiday shopping season, according to a National Retail Federation (NRF) survey. Here's how you can overcome higher prices amid shipping delays and labor shortages to take advantage of holiday sales.
Consumers plan to spend $998 this holiday shopping season, according to a National Retail Federation (NRF) survey. Here's how you can overcome higher prices amid shipping delays and labor shortages to take advantage of holiday sales.
Powell says Federal Reserve may accelerate pullback in economic support
Chair Jerome Powell said that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation.
Chair Jerome Powell said that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation.
Democrats push Biden to cancel student loans after House passes Build Back Better
Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.
Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.
Expanded child tax credit would permanently reduce child poverty, CBPP finds
Build Back Better would make the Child Tax Credit permanently available to low-income families. But the trillion-dollar spending plan faces hurdles in Congress before it can be signed into law.
Build Back Better would make the Child Tax Credit permanently available to low-income families. But the trillion-dollar spending plan faces hurdles in Congress before it can be signed into law.
Federal Reserve: Omicron variant could make supply chain backlog, inflation worse
Federal Reserve Chair Jerome Powell says that the appearance of a new COVID-19 variant could slow the economy and hiring.
Federal Reserve Chair Jerome Powell says that the appearance of a new COVID-19 variant could slow the economy and hiring.
Biden to discuss plans to alleviate supply chain woes, inflation ahead of holidays
Rising inflation is leading to price increases for millions around the world, forcing people to choose between digging deeper into their pockets or tightening their belts.
Rising inflation is leading to price increases for millions around the world, forcing people to choose between digging deeper into their pockets or tightening their belts.
Strong Cyber Monday sales expected but could fall short of 2020 spending
Both Black Friday and Thanksgiving Day online shopping came in below Adobe's prediction. On Black Friday, online sales reached $8.9 billion, down from the $9 billion in 2020.
Both Black Friday and Thanksgiving Day online shopping came in below Adobe's prediction. On Black Friday, online sales reached $8.9 billion, down from the $9 billion in 2020.
Retired housekeeper wins $50K in scratch-off lottery for 3rd time
A 61-year-old Maryland woman has won $50,000 in scratch-off lotteries for the third time since 2018. And the winning tickets all came from the same store.
A 61-year-old Maryland woman has won $50,000 in scratch-off lotteries for the third time since 2018. And the winning tickets all came from the same store.
Getting life insurance while you're young and healthy can save you thousands
The longer you wait to lock in a life insurance premium, the higher your monthly rate will be. Find out how taking out life insurance while you're young and healthy can save you thousands of dollars.
The longer you wait to lock in a life insurance premium, the higher your monthly rate will be. Find out how taking out life insurance while you're young and healthy can save you thousands of dollars.
Some electricity bills could spike 50% in December in this state
Some people are being warned to prepare for "sticker shock" starting on Dec. 1 with electricity prices set to jump as much as 50%.
Some people are being warned to prepare for "sticker shock" starting on Dec. 1 with electricity prices set to jump as much as 50%.
Stocks sink on new COVID variant; Dow loses 1,000 points
A day after the Stock Market was closed for Thanksgiving, news of a new COVID-19 variant sent stocks falling, with the Dow losing 1,000 points.
A day after the Stock Market was closed for Thanksgiving, news of a new COVID-19 variant sent stocks falling, with the Dow losing 1,000 points.
Rising inflation not stopping consumer spending, new data shows
Personal incomes, which provide the fuel for future spending increases, rose 0.5% in October after having fallen 1% in September, a reflection of a drop in government support payments.
Personal incomes, which provide the fuel for future spending increases, rose 0.5% in October after having fallen 1% in September, a reflection of a drop in government support payments.
Unemployment benefits claims hit 52-year low after seasonal adjustments
Seasonal adjustments around the Thanksgiving holiday contributed significantly to the bigger-than-expected drop. Unadjusted, claims actually ticked up by more than 18,000 to nearly 259,000.
Seasonal adjustments around the Thanksgiving holiday contributed significantly to the bigger-than-expected drop. Unadjusted, claims actually ticked up by more than 18,000 to nearly 259,000.
Expect to pay more for Christmas trees, experts say
Experts said tree buyers should expect to pay between 10% and 30% more for both live trees and artificial trees
Experts said tree buyers should expect to pay between 10% and 30% more for both live trees and artificial trees
Dollar Tree doubles down on pricing items over $1
Dollar Tree will charge $1.25 for the majority of its products across all of its locations nationwide by the end of April.
Dollar Tree will charge $1.25 for the majority of its products across all of its locations nationwide by the end of April.
College costs have risen at nearly 5x the rate of inflation, report finds
The average cost of tuition, fees and other expenses at higher education institutions are rising at a much faster rate than inflation, according to a recent study.
The average cost of tuition, fees and other expenses at higher education institutions are rising at a much faster rate than inflation, according to a recent study.
Student loan payments restart in February, but survey finds 89% of borrowers aren't ready
About 9 in 10 fully employed borrowers said they are not financially secure enough to resume federal student loan payments in February 2022, according to a new survey.
About 9 in 10 fully employed borrowers said they are not financially secure enough to resume federal student loan payments in February 2022, according to a new survey.
Turning your pandemic purchase regrets into cash
While shoppers shared all different pandemic purchase regrets, money-saving expert Andrea Woroch says take your guilt and turn it into something positive.
While shoppers shared all different pandemic purchase regrets, money-saving expert Andrea Woroch says take your guilt and turn it into something positive.