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Money

News related to money, savings and the economy.

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

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.

February 7, 2023 10:49am EST
Today's 15- and 10-year mortgage rates continue to offer best opportunity for interest savings | Feb. 7, 2023

Today's 15- and 10-year mortgage rates continue to offer best opportunity for interest savings | Feb. 7, 2023

Check out the mortgage rates for Feb. 7, 2023, which are mixed from yesterday.

February 7, 2023 10:40am EST
Tax Season 2023: Here's how the Inflation Reduction Act might impact your refund this year

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.

February 6, 2023 4:31pm EST
Today's mortgage rates: Look to shorter terms for best bargain | Feb. 6, 2023

Today's mortgage rates: Look to shorter terms for best bargain | Feb. 6, 2023

Check out the mortgage rates for Feb. 6, 2023, which are mixed from last Friday.

February 6, 2023 10:33am EST
High prices and interest rates will keep drivers from buying cars in 2023: survey

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.

February 6, 2023 10:20am EST
Powerball jackpot grows to $747 million after no winner

Powerball jackpot grows to $747 million after no winner

No one beat the odds and won the top Powerball prize Saturday night.

February 5, 2023 8:14am EST
Here are the winning numbers for Saturday’s Powerball drawing

Here are the winning numbers for Saturday’s Powerball drawing

The estimated $700 million Powerball jackpot is the 10th largest in U.S. lottery history.

February 4, 2023 11:01pm EST
$700M Powerball prize latest in string of giant jackpots

$700M Powerball prize latest in string of giant jackpots

Saturday's drawing is the 10th largest in U.S. lottery history.

February 3, 2023 4:47pm EST
Biden’s Junk Fee Prevention Act aims to cut hidden costs

Biden’s Junk Fee Prevention Act aims to cut hidden costs

From hidden concert ticket fees to early termination fees, the Junk Fee Prevention Act aims to save Americans billions.

February 3, 2023 4:09pm EST
Bed Bath & Beyond closing 87 additional stores. Here’s the list of locations

Bed Bath & Beyond closing 87 additional stores. Here’s the list of locations

The latest store closings are impacting the struggling retailer as it considers its options, including possibly filing for bankruptcy.

February 2, 2023 11:25am EST
Fed raises rates 25 basis points in first meeting of 2023

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.

February 2, 2023 9:12am EST
Gig economy workers lose money during tax season through missed deductions, survey says

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.

February 1, 2023 6:25pm EST
How the latest Fed interest rate hike could impact you

How the latest Fed interest rate hike could impact you

The rate increase will likely make it even costlier to borrow for homes, autos and other purchases.

February 1, 2023 5:42pm EST
America is more rent-burdened than ever: These cities take the biggest chunk of your budget

America is more rent-burdened than ever: These cities take the biggest chunk of your budget

Renters in these U.S. cities pay, on average, more than 30% of their income in rent.

February 1, 2023 2:04pm EST
Today's best mortgage deal? Twenty-year rates plunge more than a quarter of a percentage point | Feb. 1, 2023

Today's best mortgage deal? Twenty-year rates plunge more than a quarter of a percentage point | Feb. 1, 2023

Check out the mortgage rates for Feb. 1, 2023, which are largely down from yesterday.

February 1, 2023 11:48am EST
Another week of higher gas prices shows no signs of slowing: AAA

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.

February 1, 2023 10:26am EST
She closed her eyes and blindly picked lottery numbers. It worked.

She closed her eyes and blindly picked lottery numbers. It worked.

“I had to go with my gut and my gut said to just close my eyes and pick,” the North Carolina woman said.

January 30, 2023 3:02pm EST
Still time to save: Today’s 30-year mortgage rates hold steady | Jan. 30, 2023

Still time to save: Today’s 30-year mortgage rates hold steady | Jan. 30, 2023

Check out the mortgage rates for Jan. 30, 2023, which are largely unchanged from last Friday.

January 30, 2023 11:44am EST
School bus driver wins $150,000 on $5 scratch-off and plans to pay off mortgage

School bus driver wins $150,000 on $5 scratch-off and plans to pay off mortgage

Paula Harris, a 59-year-old school bus driver in North Carolina, said she also hopes to use the winnings to help out her kids.

January 30, 2023 7:04am EST
Vegas Strip resorts used vendor to fix hotel rates: Lawsuit

Vegas Strip resorts used vendor to fix hotel rates: Lawsuit

The average daily room rate for hotels on the Las Vegas Strip hit a high last year, topping $200 a night.

January 29, 2023 1:19pm EST
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