Consumer prices rise to 6.3% in July as inflation begins to ease a bit

A report released by the Commerce Department reveals that a decline in energy prices in July offered some relief amid high prices caused by inflation.

Student loan forgiveness: Biden unveils plan to cancel $10K in student debt

Biden unveiled a plan to provide $10,000 of federal student loan debt relief for borrowers who earn under $125,000 annually, and more for those with the greatest financial need.

What student loans are eligible for forgiveness? Here's a breakdown

In addition to Biden’s wide-sweeping loan forgiveness plan, there are existing programs for borrowers to have some or all of their student debt erased.

Back-to-school scams: College students beware of potential scheming swindlers

The fall college semester is starting again, which means students across the nation are preparing to dole out tons of money on tuition payments and school supplies again. 

Biden to make long-awaited student loan debt announcement on Wednesday, reports say

President Joe Biden on Wednesday is set to announce his long-delayed move to forgive up to $10,000 in federal student loans for many Americans and extend a pause on payments to January, according to three people familiar with the plan.

Steak prices decline on waning demand

The cost of steak is on the decline while ground beef prices remain elevated as consumers adjust their protein preferences to escape soaring inflation.

ON THE HILL: Transportation Sec. Pete Buttigieg talks Inflation Reduction Act, transportation issues in DMV

In case you missed it Sunday morning, FOX 5's "On the Hill" program sat down with Transportation Secretary Pete Buttigieg for a one-on-one interview to talk about topics including the passage of the Inflation Reduction Act and what it means for consumers, transportation projects happening across the DMV, and the efforts to resolve “soul crushing” traffic across the area.

Will the student loan payment pause be extended? CEOs say it’s likely.

Payments for federally backed student loans have been suspended since the pandemic began in March 2020 — they’re set to resume Sept. 1 unless the Biden administration steps in.

What's in the Inflation Reduction Act? Health care, climate change goals become law

President Joe Biden arrived at the White House promising to “build back” America, and now he has signed into law legislation with a slimmer version of that idea.

Inflation Reduction Act: Biden signs massive climate and health care bill

President Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill, which includes the most substantial federal investment in history to fight climate change.

Former ITT Tech students get $3.9B in debt cancellation

Students who used federal loans to attend ITT Technical Institute as far back as 2005 will automatically get that debt canceled after authorities found “widespread and pervasive misrepresentations” at the defunct for-profit college chain.