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Money

News related to money, savings and the economy.

Credit card delinquency rates and balances are on the rise

Credit card delinquency rates and balances are on the rise

Credit card delinquency rates and balances increased in Q2 2023 amid a high interest-rate environment. But there are many ways to pay off debt quickly.

October 19, 2023 4:23pm EDT
Jeff Bezos' net worth reportedly surpasses Bernard Arnault's

Jeff Bezos' net worth reportedly surpasses Bernard Arnault's

Tesla CEO Elon Musk remains the richest, according to Bloomberg.

October 18, 2023 3:09pm EDT
Social Security benefits to receive 3.2% pay bump next year: See how much money you could receive

Social Security benefits to receive 3.2% pay bump next year: See how much money you could receive

See how much money you could receive from the Social Security COLA bump.

October 18, 2023 12:30pm EDT
IRS to test free online tax-filing platform in 13 US states

IRS to test free online tax-filing platform in 13 US states

The IRS will test drive a new online free-file tax return platform in 2024, an idea that has generated both support and criticism for years.

October 18, 2023 9:58am EDT
Social Security COLA 2024 may impact your taxes in a big way

Social Security COLA 2024 may impact your taxes in a big way

The 2024 Social Security cost of living adjustment (COLA) increase aligns with early estimates based on inflation figures for the previous three months.

October 16, 2023 6:15pm EDT
Reese's under scrutiny as sweepstakes promotion raises legal concerns

Reese's under scrutiny as sweepstakes promotion raises legal concerns

Reese’s may be in violation of state and federal laws with its new sweepstakes offer currently advertised on packs of peanut butter cups.

October 16, 2023 12:39pm EDT
Biden administration awards $7 Billion to US clean energy hubs to ramp up hydrogen production

Biden administration awards $7 Billion to US clean energy hubs to ramp up hydrogen production

The White House calls hydrogen essential to achieving Biden's "vision of a strong, clean energy economy” and net-zero greenhouse gas emissions in the U.S. by 2050.

October 13, 2023 5:45pm EDT
US still feeling effects of 'tip culture' following COVID-19 pandemic, professor says

US still feeling effects of 'tip culture' following COVID-19 pandemic, professor says

A Clemson University professor says he attributes this to the pandemic and inflation.

October 12, 2023 12:46pm EDT
Jobs offering student loan assistance more than double: study

Jobs offering student loan assistance more than double: study

With student loan debt growing to more than $1.7 trillion, employer student loan assistance programs for workers seem to be on the rise, according to Handshake.

October 11, 2023 2:17pm EDT
Biden endorses FTC's plan to eliminate hidden fees: 'They sure matter to working folks'

Biden endorses FTC's plan to eliminate hidden fees: 'They sure matter to working folks'

President Joe Biden on Wednesday announced a proposed rule by the Federal Trade Commission to ban any hidden and bogus junk fees, which can mask the total cost of concert tickets, hotel rooms and utility bills.

October 11, 2023 1:50pm EDT
Housing inventory remains painfully low as shortage persists

Housing inventory remains painfully low as shortage persists

The number of homes for sale on the market fell for the fifth straight month in September amid the already severe housing shortage.

October 10, 2023 1:42pm EDT
Here's how borrowers who can't make student loan payments can avoid defaulting

Here's how borrowers who can't make student loan payments can avoid defaulting

The 12-month student loan on-ramp period will help struggling borrowers from suffering the worst consequences of missed, late, or partial payments, according to a recent Harvard University Employee Credit Union blog.

October 9, 2023 6:35pm EDT
Domino's launches 'emergency pizza' program: Free pizza when needed

Domino's launches 'emergency pizza' program: Free pizza when needed

Domino's is now giving customers the opportunity to take part in a new "emergency pizza" program for those times when it's most "needed."

October 9, 2023 6:07pm EDT
Dwayne Johnson apologizes over Maui wildfire fund donation request

Dwayne Johnson apologizes over Maui wildfire fund donation request

Dwayne "The Rock" Johnson is responding to backlash he received after asking his social media followers to donate to his Maui wildfire fund this summer.

October 9, 2023 3:31pm EDT
Will oil and gas be impacted due to war in Israel? Expert weighs in

Will oil and gas be impacted due to war in Israel? Expert weighs in

Russia’s invasion of Ukraine caused oil and gas prices to surge last year.

October 9, 2023 2:53pm EDT
Social Security cuts: Retirees could face more than $17,000 in annual benefits losses

Social Security cuts: Retirees could face more than $17,000 in annual benefits losses

Social Security could run out of money to make full benefits payments in 2033, spurring as much as $23,000 in benefits cuts for retirees, a study found. Here’s what you need to know.

October 9, 2023 1:15pm EDT
Powerball jackpot now fourth largest in history after no winners Saturday night

Powerball jackpot now fourth largest in history after no winners Saturday night

The Powerball jackpot is now the world's fourth-largest lottery prize.

October 8, 2023 8:45am EDT
Powerball jackpot hits $1.4B as prize continues to grow – and so do the taxes the winner will owe

Powerball jackpot hits $1.4B as prize continues to grow – and so do the taxes the winner will owe

Wednesday's drawing was the 33rd consecutive drawing without a jackpot winner since the Powerball was last won on July 19.

October 6, 2023 12:23pm EDT
Student loan repayment: Nearly half of Americans with college debt to cut essential spending

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.

October 5, 2023 5:41pm EDT
Home ownership costs skyrocket, leaving the American Dream out of reach for many

Home ownership costs skyrocket, leaving the American Dream out of reach for many

A new report says 99% of the nation’s largest counties are less affordable than they have been historically - and people are spending more than a third of their income on owning a home.

October 5, 2023 5:19pm EDT
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Stimulus payment December 2025, IRS direct deposit relief payment & tariff dividend fact check

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