Powerball jackpot hits $1.4B as prize continues to grow – and so do the taxes the winner will owe
Wednesday's drawing was the 33rd consecutive drawing without a jackpot winner since the Powerball was last won on July 19.
Student loan repayment: Nearly half of Americans with college debt to cut essential spending
With student loan payments underway after the federal pause ended, many Americans are cutting back on essentials to make ends meet, MassMutual found. But Biden’s student loan relief initiatives aim to help borrowers now.
Home ownership costs skyrocket, leaving the American Dream out of reach for many
A new report says 99% of the nation’s largest counties are less affordable than they have been historically - and people are spending more than a third of their income on owning a home.
Biden administration gears up for second attempt to cancel federal student loans
The Department of Education is planning to hold meetings in two weeks to discuss how to provide debt relief to federal student loan borrowers.
Child care programs across the country lose subsidies from federal government
After two years of receiving federal subsidies, 220,000 child care programs across the country lost funding.
Car insurance cost rises 17%: Here are some factors that can help lower your bill
Insurance premiums have increased by 17% over the past 12 months, but drivers can use some cost-reducing strategies to lower those premiums, according to a recent Experian report.
Here’s how much it costs to raise a child in DC, Maryland, and Virginia
Raising children has never been cheap. But now it’s getting even more expensive.
Fear over Social Security's future pushes Americans to claim benefits early: survey
Most Americans understand Social Security, but concern over its future is pushing many to claim retirement benefits early, a recent Schroders survey said.
Here’s how much money you need to make to be in the top 1% in DC, Maryland, and Virginia
Here’s how much money you would need to make to be in the top one percent of households in Washington, D.C., Maryland, and Virginia.
Powerball jackpot reaches $1 billion mark after no grand prize winner in Saturday's drawing
The Powerball has once again reached the 1 billion mark with an estimated $1.04 billion jackpot.
Gas prices unseasonably high despite a drop in demand: AAA
Nationwide gas prices dipped on average by only three cents to $3.83 for the week ending Sept. 28, according to AAA.
Extreme weather impacting how buyers shop for homes: Zillow
Most shoppers consider at least one climate risk in the homebuying process, a recent Zillow survey said.
California raises minimum wage for fast food workers: Here's how much they'll get
California fast food workers will be paid at least $20 per hour next year under a new law signed by Gov. Gavin Newsom.
Americans to deplete pandemic era savings by end of Q3
After accumulating record breaking excess savings in the COVID-19 recession, Americans could soon deplete these reserves, the San Francisco Fed reported.
As government shutdown looms, small business owners in DC brace for impact
A government shutdown won’t just affect federal workers who won't get paid. Businesses that rely on those employees being at work in D.C., Maryland and Virginia are bracing for an economic hit.
How a government shutdown could affect student loan payments
With a government shutdown looming, student loan borrowers could face more headaches once student loan repayments resume after a three year pause. Here’s what you need to know.
Can $750 a month change lives? Fairfax County wants to find out
What happens when you give families an extra $750 a month, place no restrictions on how they can spend it, and offer them free financial coaching?
Biden's student debt forgiveness may be taxed in these five states
Although student debt discharged is exempt from federal tax due to the American Rescue Plan Act of 2021, some states may still tax the savings, according to a report by the Tax Foundation.
Federal government shutdown looming: What it means and who won't get paychecks
The federal government is heading toward a shutdown. Here's what that means for Social Security and other services.