Consumer prices rise to 6.3% in July as inflation begins to ease a bit

A report released by the Commerce Department reveals that a decline in energy prices in July offered some relief amid high prices caused by inflation.

Student loan forgiveness: Biden unveils plan to cancel $10K in student debt

Biden unveiled a plan to provide $10,000 of federal student loan debt relief for borrowers who earn under $125,000 annually, and more for those with the greatest financial need.

What student loans are eligible for forgiveness? Here's a breakdown

In addition to Biden’s wide-sweeping loan forgiveness plan, there are existing programs for borrowers to have some or all of their student debt erased.

Biden to make long-awaited student loan debt announcement on Wednesday, reports say

President Joe Biden on Wednesday is set to announce his long-delayed move to forgive up to $10,000 in federal student loans for many Americans and extend a pause on payments to January, according to three people familiar with the plan.

Steak prices decline on waning demand

The cost of steak is on the decline while ground beef prices remain elevated as consumers adjust their protein preferences to escape soaring inflation.

New York City store locks up Spam in plastic case amid crime spike

Shoppers, store employees, and social media users expressed disbelief after discovering the $3.99 canned meat product out of reach behind lock and key.

How to recession-proof your life

If you think a recession could destabilize your finances, here are some things you can do to prepare.

What's in, and out, of Democrats' climate, health care and inflation bill

Here’s a look at the Democrats' "Inflation Reduction Act of 2022" as it stands after Senate Majority Leader Chuck Schumer and holdout Sen. Joe Manchin reached a deal.

Manchin says deal reached with Schumer on tax and climate bill

In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin have reached an expansive agreement that had eluded them for months on health care, energy and climate issues, taxes on higher earners and corporations and trimming the federal debt.

Fed hikes interest rate by 0.75 percentage points in bid to curb inflation

The Federal Reserve raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.

US new home sales drop to lowest level in 2 years

New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.