Biden cancels another $5 billion in student loan forgiveness – Here's who is impacted

The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.

IRS to start simplifying notices to taxpayers this year

The IRS on Tuesday announced that it will redesign and simplify the long and often complicated notices it sends to taxpayers every year. 

Social Security is coming for a bigger chunk of your paycheck

The portion of personal income subject to the Social Security tax has increased to $168,600 this year from $160,200 in 2023.

Read this before you sign up for a college credit card

Signing up for financial products your college is offering can sometimes be the worst deal, a recent CFPB report said.

NYC plans to wipe out $2B in medical debt for up to 500,000 residents

New York City Mayor Eric Adams says the city intends to wipe out more than $2 billion in medical debt for up to 500,000 residents.

Your significant other expects you to spend over $100 on Valentine's Day

Americans in relationships believe their partners expect them to spend an average of $157.52 on gifts this Valentine's Day, according to a recent Trustpilot survey.

Biden cancels student loan debt for another 74K borrowers

Of the 74,000 borrowers approved for relief Friday, the administration said nearly 44,000 of them are teachers, nurses, firefighters and others with public service careers.

How New Yorkers can reclaim over $18B in unclaimed funds

New Yorkers have an astonishing $18.4B in unclaimed funds, according to the New York State Comptroller's office. Here's how you can get your money back, and avoid your funds going unclaimed in the future.

The world could get its first trillionaire within 10 years

By contrast, Oxfam says nearly 5 billion people have been made poorer since the pandemic, with many of the world's developing nations unable to provide the financial support that richer nations could during lockdowns.