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
Biden vows to bring high-speed internet access to all Americans by 2030
President Joe Biden says high-speed internet is no longer a luxury but rather an “absolute necessity."
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.
Democratic lawmakers warn of child care crisis with historic federal funding set to expire in September
A potential crisis is looming for the U.S. child care industry as one of the last pandemic-era funding programs that has helped keep millions of businesses afloat is set to expire in September. Now, lawmakers on Capitol Hill are calling for action to prevent the loss of critical services that millions across the country rely on.
Powell expects more Fed rate hikes because of persistently high inflation
Chair Jerome Powell reiterated that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy’s service sector and the surprisingly tight job market.
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.
Home prices increased 70 percent more than rent costs: study
Home prices have exceeded what Americans pay for rent in most major cities, according to one report. But, there are still places where you can save by purchasing a home. Here’s what you need to know.
Student loan repayments could slam big-name retailers this fall
Target and Nordstrom, especially, face a potential big hit when student loan payments resume this fall.
Do you think you’re rich? Here’s what Americans say
What do you think is the dollar amount that most Americans said it takes to be considered wealthy?
Disney CFO leaves after tense relations with execs
The Walt Disney Company announced Senior Executive Vice President and Chief Financial Officer Christine McCarthy is stepping down and will take a medical leave of absence.
Auto shops struggle to find trained mechanics amid national shortage: 'It's really getting scary'
There's only about half the number of auto mechanics needed coming out of technical colleges and training programs every year.
Fewer homes are selling, but they're selling fast: Redfin
Despite low inventory, the homes for sale are selling at a fast pace, according to a report by Redfin. Here’s what you need to know.
Legislative bill seeks to make expanded child tax credit permanent
House Democrats recently introduced the American Family Act of 2023, legislation that seeks to restore the expanded, monthly Child Tax Credit to parents across the U.S.
Student loan payments will resume in October, Education Department confirms
Federal student loan payments are set to resume in October, while interest on loan debt will begin once again in September, the Education Department clarified.
'Wheel of Fortune' host Pat Sajak: What is his net worth?
"Wheel of Fortune" only tapes four days a month, meaning the soon-to-retire host earns more per taping day than most people make in a year.
Inflation cools sharply in May to 4%, lowest in 2 years
Last month marked the slowest pace of inflation since March of 2021.
Credit card debt is at record high as Americans deal with inflation and rising costs: TransUnion
U.S. credit card balances increased 20% in the first quarter of 2023 compared to last year, a recent TransUnion report said.
Americans are getting tired of tipping, survey shows. Here’s why
A new study suggests high inflation and unease about the economy are contributing to stingier consumers.
MCPS weighs financial literacy requirement for graduation
Montgomery County Public Schools could be one step closer to making a financial literacy class a requirement for graduation.