Consumers spend more than $1 trillion on interest payments, largely due to increasing credit card debt
Consumers paid over $1 trillion in interest payments, most of which when toward high-interest credit card debt.
Gas prices rise as spring season approaches: AAA
Although demand is down, gas prices are still rising due to an increase in oil prices.
IRS has 940,000 unclaimed tax refunds from 2020 that will expire soon
The IRS is warning taxpayers that they may be leaving more than $1 billion on the table.
Fed said interest rates will be reduced this year, just not now
On Wednesday, the Federal Reserve announced that it would maintain the federal funds rate at a range of 5.25% to 5.5%.
FHA raises loan limits for manufactured housing for the first time in 15 years
HUD has raised the loan limits for manufactured housing to align with prices today.
Biden cancels student loans for 78,000 more public workers
Another 78,000 Americans are getting their federal student loans canceled.
Here's why paid loyalty programs are all the rage at stores and restaurants
Looking for reliable sales in an unpredictable spending environment, more companies have extended their points-based loyalty tiers to making their most dependable customers feel valued for an up-front fee.
Still need to pay taxes? Here are some last-minute tips
The tax filing deadline is quickly approaching. The IRS has some last-minute tips to get this year’s taxes done accurately and refunds issued timely.
Car insurance costs to keep rising in 2024 – pay less in these US states
Drivers will get no relief from car insurance costs this year and will have more limited shopping options as providers stop writing new policies in some states, a recent report from the Zebra said.
Credit scores decreased for first time in a decade as borrowers miss payments
Missed payments and high levels of inflation has led to lower credit scores for consumers.
Cost of living makes retirement savings harder for younger generations, survey finds
Respondents across generations highlighted inflation, consumer debt, and the need for emergency savings as major obstacles to retirement savings.
Gen Z movers are heading to warmer climates, willing to pay higher housing costs: Zillow
Even though California has high rent costs, Gen Z is seeking out major cities, but some choose low-cost areas in Florida.
Dollar Tree to offer $7 items, shifting away from single-pricing model
Last June, the company steadily increased its maximum price limit by adding $5 items.
Student loan payments hinder retirement savings – Here's how employers are helping
Americans with student loan payments contribute at a lower rate and have smaller overall balances in their 401(k) accounts, a report from the Employee Benefit Research Institute (EBRI) study said.
Inflation rises as gas prices and housing costs tick up, leaving Americans concerned
Inflation rose in February, leaving the Federal Reserve uncertain about future rate hikes.
High debt is causing more consumers to live paycheck-to-paycheck
Both high-income and low-income consumers are facing higher levels of debts, causing more people to live paycheck-to-paycheck.
Here's where Americans are being stretched to the limit to buy a home
Homebuyers have seen the cost of buying a home double in the last three years – here's where they paid the most, according to a recent report by the National Association of Realtors.
Nearly 32 percent of homes sold last quarter were new construction: Redfin
Prospective homebuyers are choosing new construction homes as sellers hold onto their homes, waiting for interest rates to drop.
These 5 states rake in the most Social Security benefits
The average Social Security benefit is just under $2000, but there are ways to boost that amount.
Credit card balances surge past trillion dollar mark as Americans struggle to build savings
Credit card balances surged in the fourth quarter, but new card originations slowed as banks tightened lending standards, according to a recent TransUnion report.