Why there are more 401(k) millionaires in the US than ever before

A new report published by Fidelity Investments shows the number of 401(k) accounts with balances of $1 million or more hit a new record at the end of June.

Maryland city will pay you $20,000 to move there

A city in Maryland is offering a $20,000 incentive to get new residents to move there.

Survey reveals Americans' 2 biggest financial regrets

Amid ongoing inflation, a new survey found that the majority of Americans have financial regrets. Here's what they are.

The US added 818,000 fewer jobs this year than originally estimated

Over 800,000 fewer jobs were added by employers in the last few months, but consumer sentiment about the economy is still strong.

July inflation drops below 3 percent as Fed considers September rate cut

Inflation dipped below 3% for the first time in three years, and that, combined with other economic indicators, may push the Fed to slash interest rates more than once.

Biden asks Supreme Court to lift block on student loan repayment plan

The Biden Administration has turned to the Supreme Court to help lift a block on the Saving on a Valuable Education (SAVE) plan.

Mortgage rates drop to lowest rate in more than a year

Mortgage rates dropped to the lowest they've been in over a year after reacting to a lower-than-expected jobs report.

Parents rely heavily on borrowing to pay for college costs: survey

Roughly 42% of families said they planned to rely on federal student loans, and 16% said they would use private loans to pay for college, according to a recent survey.

Student loan forgiveness: Biden cancels another $1.2B in debt for public service workers

Student loan borrowers who work in public service, such as teachers, nurses, firefighters, and others, will benefit from the student debt relief, the Education Department said.