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Money

News related to money, savings and the economy.

Only half of U.S. credit card consumers believe they can pay off their December balance in full, survey finds

Only half of U.S. credit card consumers believe they can pay off their December balance in full, survey finds

As we kick off 2024, a recent LendingTree survey reveals cardholders are dreading the reality of paying their monthly statement balance.

January 3, 2024 2:50pm EST
Homeowners insurance rates on the rise, mainly due to increase in natural disasters

Homeowners insurance rates on the rise, mainly due to increase in natural disasters

Homeowners insurance rates on the rise across the country, with climate change being a contributing factor.

January 3, 2024 1:40pm EST
FAFSA: What to know about changes to this year's application for student aid

FAFSA: What to know about changes to this year's application for student aid

A new version of the federal student aid application known as the FAFSA is available for the 2024-2025 school year, but only on a limited basis. Here's how it works and some of the key changes.

January 3, 2024 7:17am EST
New FAFSA form launches: What you need to know to apply for financial aid

New FAFSA form launches: What you need to know to apply for financial aid

After months of delays and setbacks, the long-awaited simplified free application for federal student aid is finally available, but many families are finding that filling out the new form is anything but simple.

January 2, 2024 8:00pm EST
These are the 5 states with the highest and lowest student loan debt balances

These are the 5 states with the highest and lowest student loan debt balances

The most populated states in the country tend to have the highest student loan balances, while the least populated tend to have the lowest balances.

January 2, 2024 5:38pm EST
RXBAR offers cash reward for customers willing to move their couch for New Year's challenge

RXBAR offers cash reward for customers willing to move their couch for New Year's challenge

RXBAR says the contest winner can also get a year's supply of protein bars.

January 2, 2024 10:24am EST
Powerball: Winning $842M jackpot ticket sold in Michigan

Powerball: Winning $842M jackpot ticket sold in Michigan

The winning ticket as part of the Powerball's $842 million jackpot was sold in Michigan, according to lottery officials.

January 2, 2024 12:41am EST
How much New York's minimum wage will increase on Jan. 1, 2024

How much New York's minimum wage will increase on Jan. 1, 2024

New York State will raise minimum wage to $16 an hour for employees in NYC, Long Island and Westchester, beginning in 2024, as well as $15 elsewhere in the state.

January 1, 2024 3:48pm EST
How much Connecticut's minimum wage will increase on Jan. 1, 2024

How much Connecticut's minimum wage will increase on Jan. 1, 2024

Gov. Ned Lamont signed Public Act 19-4 back in 2019, which implemented five incremental increases in the minimum wage between 2019 and 2023 in Connecticut.

January 1, 2024 3:48pm EST
US national debt nears $34 trillion; majority of voters say economy is in bad shape

US national debt nears $34 trillion; majority of voters say economy is in bad shape

The U.S. government’s total debt was fast approaching $34 trillion as of Friday afternoon, according to the latest numbers from the U.S. Treasury.

December 31, 2023 2:21pm EST
Powerball jackpot: New year kicks off with $810 million prize on the line

Powerball jackpot: New year kicks off with $810 million prize on the line

The prize is now the fifth-largest Powerball jackpot and 10th-largest U.S. lottery jackpot.

December 31, 2023 10:00am EST
What is ‘lifestyle inflation’? Financial advisor explains ways to avoid it

What is ‘lifestyle inflation’? Financial advisor explains ways to avoid it

In uncertain economic times, earning more money is a benefit, but if you aren't tracking your spending, it's easy to fall into a financial hole, and an expert weighs in on what you can do.

December 29, 2023 6:19pm EST
U.S. Bank sending nearly $6 million to consumers for freezing access to unemployment benefits during COVID-19

U.S. Bank sending nearly $6 million to consumers for freezing access to unemployment benefits during COVID-19

U.S. Bank allegedly froze thousands of accounts of unemployed workers during the pandemic, and they didn’t create a simple way for them to retrieve access to their accounts.

December 29, 2023 4:06pm EST
These states had Powerball jackpot winners in 2023

These states had Powerball jackpot winners in 2023

The Powerball jackpot for Dec. 30 – the last Powerball drawing of 2023 – is $760 million.

December 29, 2023 3:28pm EST
Need a 2024 side hustle? Here are the most in-demand, according to Fiverr

Need a 2024 side hustle? Here are the most in-demand, according to Fiverr

Picking up a second job to make ends meet or achieve financial goals has become more common as high inflation continues to take a toll on Americans.

December 29, 2023 7:10am EST
Student loan borrowers struggle to keep up with monthly payments: study

Student loan borrowers struggle to keep up with monthly payments: study

Student loans have become a burden for many borrowers, post-pandemic. Sixty percent of federal loan borrowers who had payments due in October didn’t make payments until mid-November, according to the Department of Education.

December 28, 2023 3:23pm EST
Auto insurance premiums and claims still on the rise: study

Auto insurance premiums and claims still on the rise: study

Add auto insurance premiums to the list of costs on the rise for drivers. Paired with rising claims, don't expect car insurance rates to dip anytime soon.

December 27, 2023 1:12pm EST
Americans are feeling more optimistic about the future of Social Security: survey

Americans are feeling more optimistic about the future of Social Security: survey

More Americans expect to get their Social Security benefits when they retire – in three prior readings, non-retirees were more inclined to predict they would not receive their benefits, a recent Gallup survey said.

December 27, 2023 11:34am EST
New year, new price to mail a letter via US Postal Service

New year, new price to mail a letter via US Postal Service

The U.S. Postal Service is once again saying inflation is the reason the cost to mail a letter is going up after recording $6.5 billion net loss for 2023.

December 27, 2023 9:41am EST
New IRS tax brackets take effect in 2024, meaning your paycheck could be bigger next year

New IRS tax brackets take effect in 2024, meaning your paycheck could be bigger next year

The IRS adjusted the income limits for the different tax brackets in the 2024 tax year as still-high inflation continues to squeeze Americans financially.

December 27, 2023 7:47am EST
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2025 Holiday Shipping Deadlines: USPS, FedEx, UPS important dates to remember

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Stimulus payment December 2025, IRS direct deposit relief payment & tariff dividend fact check

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