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.

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.

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.

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.

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.”