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.

UAW strike: President Joe Biden to speak in Michigan in support of union

President Joe Biden will visit Michigan on Tuesday to meet with UAW members striking against Detroit's Big Three, according to a report from the Washington Post.

Inflation is affecting parents' ability to pay for education: survey

Inflation is taking a toll on back-to-school shopping expenses in 2023 as parents struggle with funding their children's education, supplies and extracurriculars, according to a survey.

Fed pauses interest rate hikes in September but could raise rates again this year

The Federal Reserve paused interest rates in its September meeting. But inflation remains high as Americans deal with record credit card debt. Here’s what to do.

Student loan repayment may force some to take on more debt: survey

Many student loan borrowers are anxious that they won't be able to meet their payment obligations once repayments resume in October, according to a recent survey by Achieve.

Social Security payments could rise 3.2 percent in 2024

The Social Security cost of living adjustment could increase to 3.2% in response to high inflation. But it’s far from the 2023 record raise and many Americans still struggle to generate retirement income.

US national debt hits $33T for first time in history

The U.S. national debt exceeded $33 trillion on Monday for the first time ever, setting off alarm bells over unprecedented levels of government spending.

UAW sets new deadline of Sept. 22 for 'serious progress' on Big Three negotiations

In a new Facebook video posted Monday, UAW President Shawn Fain said that if “serious progress" is not made, more Locals at plants will be called on to walk out.

Katy Perry sells music catalog for $225 million

On Monday, the company announced that the deal would include Perry's five studio albums that she recorded for Capitol Records between 2008 and 2020. The sale is worth $225 million, according to multiple reports.

Millionaire CEO who said there needs to be higher unemployment to punish 'arrogant' employees, apologizes

Tim Gurner, a multi-millionaire CEO of Gurner Group, a real estate company founded in 2013, said at a conference that COVID-19 created a work culture in which employees' attitudes and work ethic deteriorated.

Medicare Part D drug prices increase more than 200 percent on average: AARP

The average price of 25 prescription brand name drugs with the highest Medicare D spending increased by 226%, AARP reported. But provisions in the Inflation Reduction Act aim to lower the costs of Medicare coverage for retirees.