What you need to know about the mortgage interest deduction

The mortgage interest deduction allows homeowners to reduce their taxable income by the amount of interest paid on the loan. Learn more.

Interest rates could increase more than traditional quarter-point, US Fed governor says

Federal Reserve Governor Michelle Bowman says she's open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.

What to know about student loan forgiveness for doctors

If you have hefty medical school debt, you might be eligible for student loan forgiveness for doctors. Learn more about the different forgiveness options.

Mortgage rates near 4%, and even surpass it in many areas, data shows

Mortgage rates are rising, surpassing 4% in some areas of the U.S., according to recent data. And experts say the increases are likely to continue as the Fed prepares to raise rates.

Seeking debt relief? Here’s how credit counseling can help

Nonprofit credit counseling agencies offer free or low-cost financial services for consumers who are struggling to manage debt or considering bankruptcy. Here's what a credit counselor can do for you.

Amazon workers in NYC to vote on whether to form union

The battle to unionize Amazon workers is intensifying after labor officials officially set a date for a union election in a Staten Island facility next month.

IRS Austin Tax Processing Center to stay open, will not close in 2024

The Internal Revenue Service has announced that it will halt the planned 2024 closure of the IRS Austin Tax Processing Center. The center is one of three remaining IRS facilities which process paper returns.

Alaska Airlines launches flight-subscription service to 16 West Coast cities

Alaska Airlines launched a subscription service for West Coast travel. Flight Pass members can fly up to 24 round-trip flights a year between 16 cities, including Los Angeles, Phoenix and Las Vegas.

Sofía Jirau becomes 1st Victoria’s Secret model with Down syndrome

“I can finally tell you my big secret... I am the first Victoria’s Secret model with Down syndrome!” the 24-year-old Puerto Rican model announced on Valentine’s Day.

Hostess announces caffeinated doughnuts

Hostess says each Boost Jumbo Donette contains almost as much caffeine as a cup of coffee (50-70 milligrams). Each doughnut is three times larger than a regular-sized donette.

Private student loan rates continue downward trend

The latest private student loan interest rates from the Credible marketplace, updated weekly.

South Austin's La Mexicana Bakery closes doors after 32 years

The City of Austin is proclaiming February 16 "La Mexicana Bakery Day" in honor of Jesus Becerra who opened La Mexicana Bakery in 1990 on South 1st Street.

Inflation hits new 40-year high in January

Inflation surged to a new 40-year high in January. This comes as the Federal Reserve is expected to raise interest rates next month to combat inflation levels.