Child care costs are highest in these cities, data reveals

Child care costs in the United States have risen over 30% since 2019, new data by Bank of America shows.

A quarter of student loan borrowers said they'd boycott repayment

25% of Americans said they’ll boycott student loan payments after the pause. But defaulting on student loans can be severe even with Biden’s student loan safety net programs.

Biden administration aims for narrower student loan relief plan

The Biden administration is moving toward a narrower student loan relief plan that would target specific groups of borrowers rather than a sweeping plan like the one the Supreme Court rejected in June.

GDP surges past expectations in Q3, recession less likely

An uptick in consumer spending helped the U.S. economy grow in the third quarter and increased the odds of a soft landing.

Halloween spending will hit a new record but consumers weary of inflation's impact: report

Americans plan to spend a record $12.2 billion on Halloween this year, beating last year's blowout of $10.6 billion, according to a report by the National Retail Federation (NRF).

Debt relief scams grow as consumer debt hits record high: BBB

The Better Business Bureau has received over 11,000 complaints and almost 900 negative reviews about debt and credit assistance.

Student loan scammers arise as repayment begins

As student loan repayment begins after a federal pause, scammers are preying on borrowers seeking debt relief. But there are free and legitimate ways to lower your monthly payments or get student loan relief. Here's how.

Here's why more Americans are choosing the risky option of driving without insurance: report

Auto insurers are passing on the rising cost of covering claims to their customers and an increasing number are deciding to forgo coverage as a result, a recent report by J.D. Powers said.

Credit card delinquency rates and balances are on the rise

Credit card delinquency rates and balances increased in Q2 2023 amid a high interest-rate environment. But there are many ways to pay off debt quickly.

Social Security COLA 2024 may impact your taxes in a big way

The 2024 Social Security cost of living adjustment (COLA) increase aligns with early estimates based on inflation figures for the previous three months.

Mortgage rates headed to 8 percent territory if Fed keeps up hike pace: Freddie Mac

The average 30-year fixed-rate mortgage increased to 7.57% for the week ending Oct. 12, according to Freddie Mac's latest Primary Mortgage Market Survey.

Home insurance prices increased nearly 25 percent: Policygenius

Home insurance costs have increased due to natural disasters and inflation pressures. But there are ways to save on homeowners insurance policies.

Jobs offering student loan assistance more than double: study

With student loan debt growing to more than $1.7 trillion, employer student loan assistance programs for workers seem to be on the rise, according to Handshake.

Here's how borrowers who can't make student loan payments can avoid defaulting

The 12-month student loan on-ramp period will help struggling borrowers from suffering the worst consequences of missed, late, or partial payments, according to a recent Harvard University Employee Credit Union blog.

Social Security cuts: Retirees could face more than $17,000 in annual benefits losses

Social Security could run out of money to make full benefits payments in 2033, spurring as much as $23,000 in benefits cuts for retirees, a study found. Here’s what you need to know.

Student loan repayment: Nearly half of Americans with college debt to cut essential spending

With student loan payments underway after the federal pause ended, many Americans are cutting back on essentials to make ends meet, MassMutual found. But Biden’s student loan relief initiatives aim to help borrowers now.