Navient cancels $1.7 billion in student loans following settlement

Navient, a major student loan servicing company, has settled allegations of abusive lending practices for $1.85 billion.

US Army offering $50K bonuses to recruits amid ongoing COVID-19 pandemic

The U.S. Army, for the first time, is offering a maximum enlistment bonus of $50,000 to highly skilled recruits who sign up for six years.

National banks begin lowering, eliminating fees for overdrafts, insufficient funds

Overdraft fees may soon be a thing of the past. Bank of America announced Tuesday it's doing away with non-sufficient funds (NSF) fees and reducing overdraft fees from $35 to $10.

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.

Man who paid former employee's final paycheck in pennies gets sued by US Dept. of Labor

The repair shop boss in Georgia who paid a former employee in oil-soaked pennies dumped in his driveway with a vulgar note is being sued by the US Department of Labor.

Powerball winning numbers for Wednesday, January 5, 2022; $630M jackpot

Here are the winning Powerball numbers for Wednesday, January 5, 2022. The Powerball jackpot has climbed to an estimated $630 million, the seventh-largest jackpot in the game’s history.

Getting out of debt is a top New Year's resolution, study finds

Most consumers are considering a financial New Year's resolution, according to a recent study from Fidelity. Keep reading to learn how you can meet your financial goals in 2022.

Families are using the child tax credit to pay off debt, Census Bureau finds

Eligible households have been using the monthly payment to supplement household spending and pay off debt, data shows. But the future of the child tax credit hangs in the balance as the Biden administration struggles to pass the Build Back Better bill, which would extend the benefit through 2022.

$29,000 for an average used car? Would-be buyers are aghast

The days when just about anyone with a steady income could wander onto an auto lot and snag a reliable late-model car or buy their kid’s first vehicle for a few thousand dollars have essentially vanished. “I’ve never seen anything remotely close to this — it’s craziness.”

Virginia dad wins $1M jackpot while on chocolate milk run for kids

Dennis Willoughby stopped at a 7-Eleven store in Richmond to buy the drinks and to buy a $1 million Platinum Jackpot scratch-off ticket.

Powerball jackpot climbs to $416 million ahead of Monday's drawing

The $416 million Powerball Jackpot, the game’s second most valuable grand prize of the year, is up for grabs again Monday night.

What to expect from Florida’s economy in 2022

Addressing the rapid price increases along the I-4 corridor, Dr. Sean Snaith ties it to a shortage of available homes – made worse by disruptions in the supply chain – but he expects the pace of rising prices to slow down.

Much-hyped 'clean-energy jobs' may not be where you think

The $2-trillion infrastructure bill recently signed into law by President Biden talks a lot about "clean-energy jobs," which cover a lot of ground – from expanding wind and solar farms to expanding systems to store the energy they produce.

Florida lawmaker proposes giving voters say on 'training wage'

Florida's minimum wage law may be in for a change. A Pinellas lawmaker wants to create a new "training wage" as low as $4.25 an hour to help more people get hired. But critics call it a loophole that will drive wages down.