Biden administration approves more than 16 million borrowers for student loan forgiveness

Even though millions have been approved for the president’s student loan forgiveness initiative, the plan remains in legal battle and the Supreme Court is set to take it on in February. This is what you need to know about paying off student loan debt quickly.

Americans fear recession, but most believe their jobs are safe: Survey

Many Americans have a negative outlook on the economy, but say they didn't believe a downturn would impact their jobs, according to a new survey.

Tax refund would help many Americans pay for holiday spending: survey

Many Americans said an advance on their tax refund would help with holiday debt, according to a recent Jackson Hewitt Tax Service survey.

Holiday spending increased in 2022 amid high inflation

This year, holiday spending increased across online and in-store retail channels, according to a new report by Mastercard. Here’s how to pay down holiday debt quickly.

Nearly half of Americans expect to go into debt buying holiday gifts

Nearly half of Americans expect to go into debt during the holidays this year. Here’s how to pay down your holiday debt quickly.

Job growth spikes in November, interest rates expected to continue rising

The economy added more than 260,000 jobs in November and wages increased, but economic uncertainty is still a concern for many Americans. Here’s how to manage your finances today.

Social Security increase 2023: What does it mean for retirees?

Social Security recipients will see the largest benefits increase in 40 years in 2023. Here’s what that means for your retirement savings plan.

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.

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.