Biden announces new student loan forgiveness plan for borrowers making less than 125K
Under the Higher Education Act, the Biden administration is taking another shot at student loan forgiveness after SCOTUS struck down its plans.
Target, Walmart announce back-to-school deals for teachers, students
Back-to-school deals are back for teachers and students.
Powerball jackpot grows to $650 million, 10th largest in history
No one took home Saturday's $631 million jackpot.
US Postal Service raising stamp prices Sunday
The USPS requested mailing price hikes earlier this year, citing inflation.
Monthly mortgage payments reach record highs in US
The median monthly payment for home purchase loans jumped 14.1% in May to an all-time high $2,165.
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.
Americans are giving less to charity, poll finds
Over 55% of those who stopped giving say they don’t earn enough to afford donating to charity.
Walgreens expects to close 150 US stores, CFO says
The store closings are expected to happen by 2024 in a cost-saving effort by the company.
Biden offers alternative student debt relief plan following Supreme Court ruling
President Joe Biden is offering an alternative student debt plan designed to ease borrowers’ threat of default if they fall behind on their payments.
Student loan forgiveness struck down: Here's what that means for you
The Supreme Court has ruled the Biden administration overstepped its authority in trying to cancel or reduce student loan debt, effectively killing the $400 billion plan.
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.
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.
Fed may tighten financial rules after US bank failures, Powell says
The collapse of Silicon Valley Bank, Signature Bank and First Republic Bank exposed different vulnerabilities that the Fed will likely address through new regulations.
'I fell into my chair': Iowa couple wins $2M Powerball prize after losing home in tornado
A tornado destroyed the couple's home in 2001, and it took several years for them to start to rebuild.
Here's how to prepare to pay back your student loans once the pandemic payment freeze ends
The Supreme Court may strike down President Joe Biden's student loan plan, which would erase $10,000 in federal student loan debt for those with incomes below $125,000 a year or households that earn less than $250,000.
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.
Americans say they will need $1.27 million to retire comfortably, study finds
The new report sheds light on financial aspirations and concerns people have planning for life after working.
Cash App issue causes some to be double charged, company says
Cash App said it was notifying customers who were double charged the amount of their transaction and would refund anyone impacted by the issue.
States weigh charging by the mile as fuel taxes plummet
States have relied on gas taxes for more than a century to maintain the nation's roads