Ivy League professor says her students think most Americans earn six figures
A professor from an Ivy League business school says her students think most Americans earn six figures.
Retail sales drop 1.9% in December following early holiday rush
Americans sharply cut their spending in December after a burst of early spending in the fall that helped bolster the holiday season.
Bank of America cuts overdraft fees
Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.
Walmart and Kroger raise prices for BinaxNOW rapid COVID-19 tests
The companies previously sold them at cost
Little Caesars raises price of famous $5 pizza for first time in 25 years
Little Caesars' latest version of Hot-N-Ready pizza will have more pepperoni
US debt ceiling: Congress sends Biden $2.5T increase, avoiding default
Congress averted a debt default early Wednesday after Democratic majorities voted to send a $2.5 trillion debt ceiling increase to Biden over Republican opposition.
Biden: Prescription drugs ‘outrageously expensive’ in US, calls on Senate to act
President Joe Biden pushed his “Build Back Better” agenda, focusing on how provisions of the spending bill would lower the cost of prescription drugs for many.
Treasury targets all-cash real estate deals in anti-corruption effort
The Treasury Department may expand reporting requirements on all-cash real estate deals to help crackdown on bad actors' use of the U.S. market to launder money made through illicit activity.
What is a personal line of credit?
A personal line of credit is a type of revolving credit that can be used to cover expenses like home renovations. Here’s what you need to know before applying.
Capital One becomes first large bank to drop all overdraft fees
Capital One Bank announced that it will eliminate all fees for overdrafts and insufficient funds, becoming the largest bank to do so.
Social Security benefits see highest boost in 40 years, but inflation is higher
Social Security benefits will increase at their highest rate in 40 years, but the latest inflation numbers are even higher. Next year's increase may not be enough for seniors living on Social Security income.
This is the state where student loan borrowers struggle the most to repay their debt: report
A new study compared the average student loan debt to median annual earnings for student loan borrowers two years after graduation. See what you can do if you want to avoid delinquency.
Biden signs $1T infrastructure bill into law as Congress debates climate, social bill
The bill includes providing $110 billion to repair the nation’s aging highways, bridges and roads.
Rising child care costs forced 38% of parents on take on side gigs, survey says: How you can afford expenses
Risings child care costs are forcing many parents to reconsider how to afford it. About 38% of parents even reported taking on a second job. Here's how to afford childcare expenses.
Americans quit jobs at record pace in September for 2nd straight month
The Labor Department said Friday that 4.4 million people quit their jobs in September, or about 3% of the nation's workforce.
Stimulus check for Social Security recipients? Why a senior citizens group says it's urgent
The Senior Citizens League sent a letter to Congress, urging it to issue a fourth stimulus check of $1,400 to Social Security beneficiaries.
Is today the day to refinance? 30-year rates dip back below 3%. | Nov. 10, 2021
Check out the mortgage refinancing rates for Nov. 10, 2021, which are mixed compared to yesterday.
US consumer prices jumped 6.2% in past year, highest inflation rate since 1990
Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.
Unemployment claims drop to 267,000, a new pandemic low
Jobless claims fell by 4,000 last week, the Labor Department reported Wednesday.
US unemployment claims drop to 269,000, another pandemic low
U.S. unemployment claims fell to a fresh pandemic low last week to 269,000.