Price of Biden's student loan repayment plan could double as take-up increases, report says

Cost estimates more than double for Biden's federal student loan repayment overhaul – considered a fallback for the administration's stalled forgiveness plan – when a bigger uptake of the program is factored in, a recent report said.

Tax Season 2023: Here's how the Inflation Reduction Act might impact your refund this year

The IRS received nearly $80 billion in funding under the Inflation Reduction Act and said it has already hired more than 5,000 new telephone assistors and added more in-person staff to help taxpayers with filing this year.

High prices and interest rates will keep drivers from buying cars in 2023: survey

Forty-nine percent of drivers said they did not intend to purchase a new car in 2023, but 38% said they would consider buying a car this year if prices fell, according to a recent survey by Jerry, a car compare-and-buy service.

Job growth surges in January, reversing slowdown trend of past months

January's jobs report showed a big jump in growth following months of registering slight declines. Here's what that means for you.

Biden administration approves more than 16 million borrowers for student loan forgiveness

Even though millions have been approved for the president’s student loan forgiveness initiative, the plan remains in legal battle and the Supreme Court is set to take it on in February. This is what you need to know about paying off student loan debt quickly.

Fed raises rates 25 basis points in first meeting of 2023

The Federal Reserve announced a highly anticipated interest rate increase of 25 basis points at its February meeting. Here's what it means for your wallet.

Gig economy workers lose money during tax season through missed deductions, survey says

Many self-employed workers, especially the younger generation lose out on cost savings through missed tax deductions. Here's what gig workers should have their eye on to help save money on taxes or increase their tax return.

Another week of higher gas prices shows no signs of slowing: AAA

Gas prices continue to climb as demand grows and oil prices surge, according to the latest report from AAA. Drivers are also facing rising insurance costs in 2023.

Americans fear recession, but most believe their jobs are safe: Survey

Many Americans have a negative outlook on the economy, but say they didn't believe a downturn would impact their jobs, according to a new survey.

Another week of declining mortgage rates fuels homebuyer demand:Freddie Mac

The average rate for a 30-year fixed-rate mortgage fell to 6.13% for the week ending Jan. 26, according to Freddie Mac's Primary Mortgage Market Survey.

Tax refund would help many Americans pay for holiday spending: survey

Many Americans said an advance on their tax refund would help with holiday debt, according to a recent Jackson Hewitt Tax Service survey.