Debt ceiling: Biden cuts short upcoming trip; McCarthy says deal possibly by end of week
The U.S. Treasury is warning that the U.S. could run out of cash to keep paying the nation’s bills as soon as June 1 if there is no agreement.
The U.S. Treasury is warning that the U.S. could run out of cash to keep paying the nation’s bills as soon as June 1 if there is no agreement.
Household debt hit record $17T last quarter as inflation squeezes Americans
New York Federal Reserve data released Monday shows household debt hit a fresh record in the first quarter of 2023 as high inflation squeezes Americans.
New York Federal Reserve data released Monday shows household debt hit a fresh record in the first quarter of 2023 as high inflation squeezes Americans.
Housing market could tumble into a 'deep freeze' if US defaults on its debt
A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.
A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.
Fed's May interest rate hike could harm regional bank lending, mortgages, expert warns
The Federal Reserve's latest interest rate increase has been harmful to the balance sheets of small regional banks and has impacted their ability to lend, according to the National Association of Realtors.
The Federal Reserve's latest interest rate increase has been harmful to the balance sheets of small regional banks and has impacted their ability to lend, according to the National Association of Realtors.
Biden administration approves $42B in student loan forgiveness under updated PSLF program
The Department of Education has approved $42 billion in student loan forgiveness through recent changes to the PSLF program, designed to provide debt relief to borrowers in the non-profit, public service and governmental fields.
The Department of Education has approved $42 billion in student loan forgiveness through recent changes to the PSLF program, designed to provide debt relief to borrowers in the non-profit, public service and governmental fields.
Federal student loan repayments to restart, education secretary confirms
'We're preparing our borrowers to restart" federal student loan repayments, Education Secretary Miguel Cardona says.
'We're preparing our borrowers to restart" federal student loan repayments, Education Secretary Miguel Cardona says.
Gas prices decrease amid market uncertainty: AAA
Average gas prices dipped to $3.53 per gallon for the week ending May 11, 2023, AAA reported. The low cost of oil has kept gas prices on the decline despite a rise in gas demand, AAA said.
Average gas prices dipped to $3.53 per gallon for the week ending May 11, 2023, AAA reported. The low cost of oil has kept gas prices on the decline despite a rise in gas demand, AAA said.
Inflation ticks up again in April, puts interest rate hikes back on the table
The Consumer Price Index (CPI), a measure of inflation, rose 4.9% year-over-year in April, a slowdown from the 5% increase in March, according to the Bureau of Labor Statistics (BLS).
The Consumer Price Index (CPI), a measure of inflation, rose 4.9% year-over-year in April, a slowdown from the 5% increase in March, according to the Bureau of Labor Statistics (BLS).
Auto insurers plan further rate increases this year – Here's how you can get costs under control
Progressive and Allstate have already signaled that they plan to keep increasing their auto insurance rates this year.
Progressive and Allstate have already signaled that they plan to keep increasing their auto insurance rates this year.
Norfolk Southern to pay homeowners near Ohio train derailment
The company set up a fund for residents impacted by the derailment to cover the cost of any decline in their home values.
The company set up a fund for residents impacted by the derailment to cover the cost of any decline in their home values.
Cost-of-living concerns leading 40% of Gen Z to work multiple jobs: survey
The number of people working multiple full-time jobs hit an all-time high in August 2022.
The number of people working multiple full-time jobs hit an all-time high in August 2022.
Inflation and interest rate hikes are negatively impacting Americans' financial well-being: survey
Inflation and interest rate hikes have negatively impacted Americans' financial well-being and many have made no progress in saving for retirement or building emergency funds, according to a survey by Morning Consult. Here’s what you need to know.
Inflation and interest rate hikes have negatively impacted Americans' financial well-being and many have made no progress in saving for retirement or building emergency funds, according to a survey by Morning Consult. Here’s what you need to know.
Gas prices drop amid recession fears, pre-summer lull: AAA
Gas prices decreased last week, but rising interest rates have raised concerns of a recession, according to AAA.
Gas prices decreased last week, but rising interest rates have raised concerns of a recession, according to AAA.
What is ‘cash stuffing’ and how does it work?
Here's what you need to know about the trendy "cash stuffing" trend.
Here's what you need to know about the trendy "cash stuffing" trend.
Northern Virginia woman raising money to pay off school lunch debts
A Northern Virginia woman is in the final stretch to raise money to pay off this school year’s lunch debt in Prince William County.
A Northern Virginia woman is in the final stretch to raise money to pay off this school year’s lunch debt in Prince William County.
Number of new American business applications hits an all-time high
According to data from the U.S. Census Bureau, 5.4 million new business applications were filed in 2021, the highest of any year on record.
According to data from the U.S. Census Bureau, 5.4 million new business applications were filed in 2021, the highest of any year on record.
TurboTax customers to receive checks in $141 million settlement
The company was ordered to pay $141 million to low-income consumers who were tricked into paying TurboTax to file their federal returns — despite being eligible for free tax services.
The company was ordered to pay $141 million to low-income consumers who were tricked into paying TurboTax to file their federal returns — despite being eligible for free tax services.
Spring homebuyers to continue facing inventory woes
New home listings dropped 21.3% year over year nationwide.
New home listings dropped 21.3% year over year nationwide.
Airbnb renews push for renting single rooms costing average of $67 per night
The company said Wednesday that it's rolling out a new Airbnb Rooms offering in which guests share space with the owner.
The company said Wednesday that it's rolling out a new Airbnb Rooms offering in which guests share space with the owner.
United planning to hire 15K workers ahead of expected summer travel surge
The hiring sign is out at United Airlines. The airline said Wednesday that it plans to add 15,000 workers this year, and hired 7,000 in just the past four months.
The hiring sign is out at United Airlines. The airline said Wednesday that it plans to add 15,000 workers this year, and hired 7,000 in just the past four months.