Americans counter consumer product 'shrinkflation' with new spending habits, survey says
Shrinkflation is causing many Americans to stress about their grocery purchases. However, they are finding ways to fight back. Here are ways you can still save.
Biden administration announces student loan income-driven repayment plan changes
In addition to canceling $10,000 in student loans for eligible federal borrowers, the Biden administration also proposed new changes to other loan forgiveness programs.
Biden cancels $10K in student loan debt per borrower — what to know
President Joe Biden announced Wednesday that his administration will cancel $10,000 in student loan debt per borrower.
Inflation Reduction Act: Here's what it means for your wallet
President Biden signed the Inflation Reduction Act on Tuesday, which some experts have said could lower the cost of health care for many families.
7 ways to pay off student loans faster
If you want to get out of student loan debt but don’t have the money to pay your student loans in full, these 7 ways can help you pay off your loans faster.
Gas prices drop amid wavering consumer demand, AAA says
Gas prices fell last week as consumer demand dropped from last year, and this downward trend could continue in the coming weeks, according to AAA.
Fed raises interest rates again — here’s how it affects your wallet
The Federal Reserve raised interest rates again at its July meeting, marking its second 75-basis point hike this year. Here's how that affects your wallet.
Mortgage payments surged 38% annually in March, Zillow finds: Here's how to keep your housing costs low
Mortgage affordability has fallen as housing costs take up a larger portion of a homeowner's gross monthly income, a Zillow report has found.
Biden to take 'hard look' at student loan forgiveness
President Biden said he is considering forgiving some federal student debt, a step that would help him fulfill a campaign promise and provide relief to borrowers.
New vehicle prices drop for third straight month, but drivers still paying over sticker price: data
After hitting an all-time high in December, the price for a new car continues to drop. But drivers were still paying well above sticker price for their new car in March.
Biden announces student loan payment pause extension: What borrowers can do now
The White House is extending the student loan freeze until Aug. 31, President Biden announced Wednesday. Federal student loan payments were originally set to restart in May.
Car insurance costs are rising in 2022, and this state could see a 20% jump: report
Car insurance prices are rising, and could continue to rise in the year ahead. In Texas, in fact, some providers are planning hikes of about 20%.
US housing less affordable than any point in over a decade, ATTOM report shows
Home prices are surging, making homeownership less affordable as wages fail to keep up. However, new data from ATTOM Data Solutions shows most wage earners can still afford to buy a home.
Biden has canceled $15B in student loan debt since taking office
Since taking office, President Joe Biden has enacted nearly $15 billion worth of student loan forgiveness via executive action, according to the Department of Education.
Inflation surges at fastest rate in decades: What it means for you
CPI data shows that consumer prices have risen 7% in the past year, which is the fastest rate of inflation since 1982.
2022 minimum wage increases: Which states are getting raises and by how much
The new year is bringing new minimum wages to several states across the U.S. Here's what to expect for the new minimum wage limits.
Majority of small businesses raising prices due to inflation, study shows
Inflation is rising at a record pace, forcing many small businesses to raise their prices. Here's what consumers can do to if they are struggling.
Biden extends federal student loan payment pause until May 1
President Joe Biden has extended the student loan payment freeze by 90 days through May 1, 2022, “as we manage the ongoing pandemic and further strengthen our economic recovery.”
Warren, Schumer 'strongly urge' Biden to extend student loan forbearance and cancel debt
Progressive lawmakers are calling for the Education Department to extend the forbearance period as federal student loan borrowers are set to resume payments in February.
Student loan payment pause will not be extended, White House confirms
White House press secretary Jen Psaki confirmed that federal student loan borrowers will need to resume making payments in February.