Monthly mortgage payments reach record highs in US

The median monthly payment for home purchase loans jumped 14.1% in May to an all-time high $2,165.

Biden administration announces SAVE plan after SCOTUS student loan decision

The White House announced SAVE, a new income-driven student loan repayment plan and other initiatives following the Supreme Court's decision to strike down widespread student loan forgiveness.

Americans are giving less to charity, poll finds

Over 55% of those who stopped giving say they don’t earn enough to afford donating to charity.

Subprime-rated consumers have less access to credit – Here's how to improve your score

Subprime-rated consumers may have fewer borrowing options to deal with unexpected costs as lenders tighten access to credit to this group in favor of more consumers with higher credit scores, a VantageScore report said.

Walgreens expects to close 150 US stores, CFO says

The store closings are expected to happen by 2024 in a cost-saving effort by the company.

Biden offers alternative student debt relief plan following Supreme Court ruling

President Joe Biden is offering an alternative student debt plan designed to ease borrowers’ threat of default if they fall behind on their payments.

Student loan forgiveness struck down: Here's what that means for you

The Supreme Court has ruled the Biden administration overstepped its authority in trying to cancel or reduce student loan debt, effectively killing the $400 billion plan.

Supreme Court strikes down Biden's student loan forgiveness plan – what's next?

The U.S. Supreme Court held that the Biden administration needs to have Congress’ backing for the costly student loan forgiveness plan and rejected arguments that the HEROES Act of 2003 gave Biden the authority he claimed.

Borrowers may see credit scores change once federal student loan payments resume

Resuming the payments on student loans means that a large percentage of nearly 40 million Americans who have not made payments on their federal student loans in the past three years may see some changes in their credit scores, according to the VantageScore report.

Fed may tighten financial rules after US bank failures, Powell says

The collapse of Silicon Valley Bank, Signature Bank and First Republic Bank exposed different vulnerabilities that the Fed will likely address through new regulations.

Here's how to prepare to pay back your student loans once the pandemic payment freeze ends

The Supreme Court may strike down President Joe Biden's student loan plan, which would erase $10,000 in federal student loan debt for those with incomes below $125,000 a year or households that earn less than $250,000.

Here's where homes face the biggest risk for natural disaster

Some areas, including places in Florida, have high-risk exposure to home damage from hurricanes and other natural disasters. But many homes aren’t equipped to withstand these events, according to a survey. Upgrading your home can protect it while saving you money on home insurance.

Cash App issue causes some to be double charged, company says

Cash App said it was notifying customers who were double charged the amount of their transaction and would refund anyone impacted by the issue.