Biden administration gears up for second attempt to cancel federal student loans
The Department of Education is planning to hold meetings in two weeks to discuss how to provide debt relief to federal student loan borrowers.
Child care programs across the country lose subsidies from federal government
After two years of receiving federal subsidies, 220,000 child care programs across the country lost funding.
Consumers grow unhappy with credit card perks as they spend at record levels: report
Consumers are growing unhappy with credit card perks designed to build loyalty as debt soars to new highs, a recent J.D.Power report stated.
Car insurance cost rises 17%: Here are some factors that can help lower your bill
Insurance premiums have increased by 17% over the past 12 months, but drivers can use some cost-reducing strategies to lower those premiums, according to a recent Experian report.
Fear over Social Security's future pushes Americans to claim benefits early: survey
Most Americans understand Social Security, but concern over its future is pushing many to claim retirement benefits early, a recent Schroders survey said.
Powerball jackpot reaches $1 billion mark after no grand prize winner in Saturday's drawing
The Powerball has once again reached the 1 billion mark with an estimated $1.04 billion jackpot.
Gas prices unseasonably high despite a drop in demand: AAA
Nationwide gas prices dipped on average by only three cents to $3.83 for the week ending Sept. 28, according to AAA.
California raises minimum wage for fast food workers: Here's how much they'll get
California fast food workers will be paid at least $20 per hour next year under a new law signed by Gov. Gavin Newsom.
Americans to deplete pandemic era savings by end of Q3
After accumulating record breaking excess savings in the COVID-19 recession, Americans could soon deplete these reserves, the San Francisco Fed reported.
How a government shutdown could affect student loan payments
With a government shutdown looming, student loan borrowers could face more headaches once student loan repayments resume after a three year pause. Here’s what you need to know.
Biden's student debt forgiveness may be taxed in these five states
Although student debt discharged is exempt from federal tax due to the American Rescue Plan Act of 2021, some states may still tax the savings, according to a report by the Tax Foundation.
Household income drops amid high inflation
The typical American’s income dropped for the third straight year amid record-high inflation. But you can still pay down high-interest debt quickly.
Inflation is affecting parents' ability to pay for education: survey
Inflation is taking a toll on back-to-school shopping expenses in 2023 as parents struggle with funding their children's education, supplies and extracurriculars, according to a survey.
Fed pauses interest rate hikes in September but could raise rates again this year
The Federal Reserve paused interest rates in its September meeting. But inflation remains high as Americans deal with record credit card debt. Here’s what to do.
Student loan repayment may force some to take on more debt: survey
Many student loan borrowers are anxious that they won't be able to meet their payment obligations once repayments resume in October, according to a recent survey by Achieve.
Social Security payments could rise 3.2 percent in 2024
The Social Security cost of living adjustment could increase to 3.2% in response to high inflation. But it’s far from the 2023 record raise and many Americans still struggle to generate retirement income.
US national debt hits $33T for first time in history
The U.S. national debt exceeded $33 trillion on Monday for the first time ever, setting off alarm bells over unprecedented levels of government spending.
Katy Perry sells music catalog for $225 million
On Monday, the company announced that the deal would include Perry's five studio albums that she recorded for Capitol Records between 2008 and 2020. The sale is worth $225 million, according to multiple reports.
Data reveals states with the highest credit card debt
Credit card debt topped $1 trillion nationwide.
Gas prices will inch higher next week before offering drivers relief, experts say
The 'biggest issue facing the consumer and the economy is the relentless rise in diesel prices,' an industry analyst warned