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Money

IRS plans to crack down on 1,600 millionaires to collect millions of dollars in past due taxes

IRS plans to crack down on 1,600 millionaires to collect millions of dollars in past due taxes

IRS Commissioner Daniel Werfel said the agency has new means of targeting wealthy people who have “cut corners” on their taxes.

September 8, 2023 12:47pm EDT
Over 4 million student borrowers enroll in Biden’s SAVE forgiveness plan

Over 4 million student borrowers enroll in Biden’s SAVE forgiveness plan

The Department of Education said it had received nearly 4 million applications for a new income-driven repayment program since launching at the end of July.

September 7, 2023 1:24pm EDT
Looking to save on today’s mortgage rates? Try shorter terms | September 7, 2023

Looking to save on today’s mortgage rates? Try shorter terms | September 7, 2023

Check out the mortgage purchase rates for September 7, 2023, which are largely unchanged from yesterday.

September 7, 2023 1:14pm EDT
Here is how you can avoid a tax refund shock next year

Here is how you can avoid a tax refund shock next year

Next year’s tax refund shouldn’t be a shock to Americans if they take stock of their income taxes mid-year, according to Jackson Hewitt.

September 6, 2023 6:32pm EDT
Today’s biggest mortgage rates savings? 15-year terms remain lowest | September 6, 2023

Today’s biggest mortgage rates savings? 15-year terms remain lowest | September 6, 2023

Check out the mortgage rates for September 6, 2023, which are largely trending up from yesterday.

September 6, 2023 1:25pm EDT
These are the most affordable states to buy a home

These are the most affordable states to buy a home

A new report reveals the top most affordable states in the U.S. But some states on the East Coast have particularly high home prices. Here’s what you need to know.

September 5, 2023 3:48pm EDT
Back-to-school shopping expenses to reach record high: survey

Back-to-school shopping expenses to reach record high: survey

Back-to-school spending in 2023 could reach a record high of more than $40 billion, largely due to demand in electronics, a survey reported. At the same time, Americans continue dealing with high inflation.

September 5, 2023 3:33pm EDT
Today’s lowest mortgage rate? 10-year terms at 6.25 percent | September 5, 2023

Today’s lowest mortgage rate? 10-year terms at 6.25 percent | September 5, 2023

Check out the mortgage purchase rates for September 5, 2023, which are largely trending down from Friday.

September 5, 2023 3:23pm EDT
Student loan repayments will be starting again soon: Here's how to get it done

Student loan repayments will be starting again soon: Here's how to get it done

Student loan repayments begin again soon. Here are tips on how to get it done using organizational skills, spending strategies and payback implementation, according to money pros.

September 4, 2023 3:10pm EDT
Jimmy Buffett was the 'life of the party,' but he was also an astute businessman

Jimmy Buffett was the 'life of the party,' but he was also an astute businessman

Behind Jimmy Buffett's laid-back exterior was an admitted workaholic. In 2016, he had a net worth of $550 million.

September 2, 2023 9:11am EDT
More than half of Americans live paycheck to paycheck, survey says

More than half of Americans live paycheck to paycheck, survey says

Gen Z consumers who were living paycheck to paycheck cited nonessential spending as a reason behind their financial hardships.

September 1, 2023 6:27pm EDT
Student loan interest is accruing again: What to know before payments start in October

Student loan interest is accruing again: What to know before payments start in October

Although the Biden administration's student loan forgiveness plan was struck down, there are new options that aim to save borrowers money.

September 1, 2023 2:45pm EDT
Looking for today’s biggest mortgage rate savings? Try 15-year terms | August 31, 2023

Looking for today’s biggest mortgage rate savings? Try 15-year terms | August 31, 2023

Check out the mortgage rates for August 31, 2023, which are mixed from yesterday.

August 31, 2023 2:21pm EDT
Americans consider using credit cards to afford student loan payments: survey

Americans consider using credit cards to afford student loan payments: survey

Many Americans who used the pause on student loan payments to reduce debt may now have to reverse course, according to a recent Empower survey.

August 30, 2023 3:26pm EDT
Farmers Insurance to layoff 2,400 staff across entire business

Farmers Insurance to layoff 2,400 staff across entire business

The employees getting laid off represent about 11% of the insurance provider's staff.

August 30, 2023 2:04pm EDT
Farmers Insurance reducing staff by 2,400 in layoffs

Farmers Insurance reducing staff by 2,400 in layoffs

Farmers Insurance has revealed it will shed numerous employees through layoffs. 

August 29, 2023 6:18pm EDT
Home affordability is the worst it has been in nearly 40 years, study shows

Home affordability is the worst it has been in nearly 40 years, study shows

U.S. home prices recently faced their sharpest rise since November.

August 29, 2023 5:54pm EDT
IRS announces changes impacting catch-up contributions

IRS announces changes impacting catch-up contributions

Eligible Americans saving for retirement can continue catch-up contributions on a pretax basis through 2025.

August 29, 2023 11:10am EDT
Popular summer vacation destinations across US see uptick in vacancies

Popular summer vacation destinations across US see uptick in vacancies

Vacation hotspots across the country saw vacancy rates as high as 20% this summer

August 28, 2023 8:17pm EDT
Home prices will rise in 2023 as affordability crisis worsens, Goldman says

Home prices will rise in 2023 as affordability crisis worsens, Goldman says

Goldman Sachs projects home prices to climb by 1.8% this year amid housing shortage

August 28, 2023 8:14pm EDT
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US Park Police says anti-Trump protestors must leave Union Station despite having permit

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Baby born in a Waymo in San Francisco, autonomous vehicle company says

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Dept. of Education reaches deal to end SAVE plan: What this means for student loan borrowers

Dept. of Education reaches deal to end SAVE plan: What this means for student loan borrowers

Proposed Tysons casino faces new setback as county board voices opposition

Proposed Tysons casino faces new setback as county board voices opposition

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Brian Cole Jr.’s arrest in pipe bomb case leaves unanswered questions

Brian Cole Jr.’s arrest in pipe bomb case leaves unanswered questions

Police confirm body found on Indian Creek Trail in College Park is missing DC teen

Police confirm body found on Indian Creek Trail in College Park is missing DC teen

DC Police Chief Pamela Smith speaks with FOX 5 about decision to resign

DC Police Chief Pamela Smith speaks with FOX 5 about decision to resign

Catherine Hoggle faces review of mental competency in child murder case

Catherine Hoggle faces review of mental competency in child murder case

School closings, delays in DC, Maryland, Virginia for Tuesday, December 9

School closings, delays in DC, Maryland, Virginia for Tuesday, December 9

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