Powell expects more Fed rate hikes because of persistently high inflation

Chair Jerome Powell reiterated that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy’s service sector and the surprisingly tight job market.

Used car prices soar as demand for limited inventory grows, report says

Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.

Here's why BNPL providers are becoming more selective on who qualifies for zero-interest loans

Signs are emerging that BNPL providers have had to slow down lending and become more selective to turn a profit in the current tighter lending environment, according to a Wall Street Journal report.

Disney CFO leaves after tense relations with execs

The Walt Disney Company announced Senior Executive Vice President and Chief Financial Officer Christine McCarthy is stepping down and will take a medical leave of absence.

Legislative bill seeks to make expanded child tax credit permanent

House Democrats recently introduced the American Family Act of 2023, legislation that seeks to restore the expanded, monthly Child Tax Credit to parents across the U.S.

CFPB warns about side effects of using medical credit cards, loans

Alternative debt financing products like medical credit cards and medical installment loans can weaken consumers' financial well-being, the CFPB warned in a recent report.

Student loan payments will resume in October, Education Department confirms

Federal student loan payments are set to resume in October, while interest on loan debt will begin once again in September, the Education Department clarified.

'Wheel of Fortune' host Pat Sajak: What is his net worth?

"Wheel of Fortune" only tapes four days a month, meaning the soon-to-retire host earns more per taping day than most people make in a year.

Financial professionals recommend investing your bonus in your 401(k): survey

Most financial professionals recommend you contribute your bonuses to your 401(k). But many Americans don’t get bonuses or have 401(k)s. Here’s what you can do.

JPMorgan reaches settlement in class action lawsuit with Jeffrey Epstein victims

According to the lawsuits, JPMorgan provided Jeffrey Epstein loans and regularly allowed him to withdraw large sums of cash even though it knew about his sex trafficking practices.

Gas prices hold steady despite surge in demand for domestic gasoline: AAA

Gas prices decreased slightly for the week ending June 8, AAA said. Despite an increase in gasoline demand, fluctuating oil prices have limited increases at the pump.

More college students are putting their education on hold: reports

The population of Some College, No Credential (SCNC) students has increased and many cited college costs as major challenges, according to recent studies. Here’s what you need to know.