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.

Mortgage rates inch to the highest level so far this year: Freddie Mac

The average 30-year fixed-rate mortgage increased to 6.81% for the week ending July 6, according to Freddie Mac's latest Primary Mortgage Market Survey.

Recession expected by end of 2023: Fannie Mae

A recession is likely in 2023, Fannie Mae forecasted. And the Fed may continue to raise interest rates after its June pause, despite projections that inflation will continue to cool.

Record number of Americans expected to travel this 4th of July: AAA

More than 50 million Americans may travel this 4th of July 2023 weekend, AAA reported. But with record travel expected, some times may be better to drive than others.

Apple is now the first publicly traded company valued at $3 trillion

Apple is now the first publicly traded company to close a trading day with a $3 trillion market value, marking another milestone for a technology juggernaut that has reshaped society with a line-up of products that churn out eye-popping profits.

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.

'Job-leaving agents' help people escape awkwardness of quitting in Japan

In Japan, a nation known for loyalty to companies, people who job-hop are often viewed as quitters -- which is considered shameful. Enter “taishoku daiko," or “job-leaving agents."

Online retailer Overstock to rebrand itself as Bed Bath & Beyond

The online retailer Overstock is dumping its name. Here's how Bed Bath & Beyond will live on for consumers in the U.S. and Canada.

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.

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.

Costco cracks down on its membership sharing polices

The retailer revealed it will tighten its membership polices in response to its self-service checkout expansion.

Skyrocketing car insurance costs push some drivers to forgo coverage

Drivers paid more for insurance in 2023 than they did the year before and many are considering doing without, according to a recent Policygenius survey.

Rihanna resigns as CEO of lingerie brand Savage X Fenty

Rihanna became a billionaire because of her Fenty Beauty line, and has since included the Savage X Fenty lingerie, skincare and a fashion brand. Here's who the new CEO will be.

3M settles 'forever chemicals' water pollution lawsuit for $10B

Chemicals manufacturer 3M announced that it has reached a $10.3 billion settlement with U.S. public water suppliers that have detected PFAs – known as "forever chemicals" – in their drinking water. 

Bud Light launches 'biggest summer campaign ever,' giving away $10K weekly amid sales slump

Bud Light’s parent company Anheuser-Busch InBev is tripling its U.S. marketing spending this summer as it tries to boost sales that plummeted after the brand partnered with a transgender influencer.

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.

Amazon accused of enrolling consumers into Prime without consent and making it hard to cancel

The Federal Trade Commission is suing Amazon for what it calls a years-long effort to enroll consumers without consent into its Prime program and making it difficult for them to cancel their subscriptions.