Consumers plan to increase spending this holiday season: survey
Shoppers across all income levels plan to spend more this year for the holiday, a recent Deloitte survey said.
Fed may not be done with interest rate hikes – Here's how that could impact your debt
Federal Reserve Chairman Jerome Powell said that the progress made on moderating inflation has been gratifying but that there was still a long way to go to bring it to a 2% target rate.
Social Security clawed back overpayments tied to COVID-19 stimulus – lawmakers want answers
Some Social Security recipients have erroneously seen their benefits suspended or have been assessed overpayments due to COVID-19 stimulus checks.
IRS delays $600 payment reporting rule for Venmo, Cash App and other payment apps
The IRS announced on Tuesday that it will delay implementing its $600 tax reporting requirement that was to take effect for the 2023 tax filing season.
Social Security reform would restore full benefits to public workers
Reform to provisions designed to even the playing field between workers who paid Social Security and public sector workers who don't but benefit from a pension program could cost as much as $150 billion.
Nearly a million student loan borrowers back in forbearance following servicer billing errors
The Department of Education has withheld millions of dollars of payment to student loan servicers over billing errors that triggered delinquencies for many students.
Mortgage rates dip further and could be the break homebuyers need: Freddie Mac
The average 30-year fixed-rate mortgage was 7.44% for the week ending Nov. 16, according to Freddie Mac's latest Primary Mortgage Market Survey.
Push to cap loan interest fees at 36 percent may leave subprime borrowers without credit, trade groups warn
New legislation seeks to cap interest rates on all consumer loans, but banking groups warn it could do more harm than good.
Flat October inflation leaves consumer prices unchanged
Consumer prices held steady in October as prices remained the same as the month before, and on an annual basis, prices rose 3.2% in October, a deceleration from the 3.7% growth in September.
Record number of Americans moving to disaster prone areas
Despite recent natural disasters, places known for climate risk are becoming popular destinations for homeowners.
Credit card balances grow $48 billion in the third quarter: NY Fed
Credit card balances spiked by $154 billion year over year, notching the most significant increase since 1999, according to the New York Fed.
Homebuying to remain slow through 2023: agent survey
High mortgage rates and home prices may keep homebuyers on the sidelines through 2023, a survey found. But you can still find the best mortgage rate by comparing your options.
Alarming number of Americans fall deeper into credit card debt each month: survey
Americans owe more than $5,000 in credit card debt on average and in times of high inflation and rising interest rates, they are relying on credit cards more than ever before. But there are ways to pay off debt quickly.
Retirement savings are getting sucked up in a financial vortex: Goldman Sachs
U.S. workers have upped their retirement savings, but competing spending continues to challenge most from reaching their goals, a recent Goldman Sachs Asset Management (GSAM) retirement report said.
Gas prices’ steady decline might gain momentum as holidays approach: AAA
Nationwide gas prices continue to fall as demand likely remains flat. The steady decline could accelerate following recent drops in the price of oil, according to AAA.
Retirement crisis: Great Recession takes its toll on younger Boomers
The Great Recession diminished the retirement savings potential of late Boomers, a study found. And cost adjustments to Social Security could be smaller next year.
Auto loans much more expensive for drivers with bad credit: report
Borrowers are spending more to finance car purchases across the board, but poor credit ratings can drive the cost up by up to $12,000, a recent report by Jerry said.
Study: Long-term care costs the most in these US states
The study found that nursing home care costs an average of $108,405 annually.
Back-to-office mandates are pushing some Americans to sell homes at a loss
Back-to-office mandates are pushing many home sellers to close quickly, Redfin reported. This could open up the market to many homebuyers amid low housing availability and high home prices. Here’s what you need to know.
Report: You would need to earn six figures to afford a median-priced home in the US
The Associated Press reported that home sales continue to decline but prices continue to climb.