Biden doesn't have authority to cancel student debt, Pelosi says: What to do with your college loans

Speaker Pelosi contradicted prominent Democratic lawmakers when it comes to student loan cancellation, saying that Biden doesn't have the executive authority to discharge loans. See what you can do with your loans in the meantime.

IRS stimulus checks: Petition for additional $2,000 monthly payments nears 3 million

A Change.org petition calling on Congress to send additional $2,000 monthly economic stimulus checks to U.S. families is nearing its goal of three million signatures.

Student loan refinance rates plunge to near-record lows

The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.

Stocks plunge over delta variant fears; Biden seeks to reassure over economy

Fears of the spreading delta variant of the coronavirus prompted a slide in stocks on Monday. Airlines, hotels, cruise ships, and other tourism-based companies had some of the biggest stock losses.

COVID-19 pandemic recession ended in April 2020, shortest on record

The recession that broke out with the onset of the coronavirus pandemic lasted just two months, officially ended in April 2020. That makes it the shortest downturn on record, according to the committee of economists that determines when recessions begin and end.

Refinancing your student loans can save you $250+ per month: Here's how

Student loan borrowers who refinanced to a longer term on Credible were able to lower their monthly payments by $253 on average. Use a student loan calculator to see how much you can save.

Report: Florida residents need to earn $25 an hour to afford rent

According to a new report, renters in the state of Florida need to make at least $24.82 an hour in order to comfortably afford a two-bedroom home or apartment -- and in some parts of the state, they need to earn a lot more.

Summer travel, economic recovery driving up gas prices

Drivers are facing pricier fill-ups as more people hit the road for work, travel and other activities that the virus pandemic halted. Higher demand for gasoline is running up against lagging supply as the energy industry slowly ramps up after more than a year of production and staff cuts.

American unemployment claims fall to 360,000, another pandemic low

The United States set another pandemic low in this week's jobs report, showing only 360,000 first-time filers for unemployment.

Biden's Education Department hires student loan forgiveness advocate: How your college debt could be impacted

The Biden administration has hired a student loans expert who believes the Education Secretary has the legal authority to forgive student debt under executive order. Here's what that means for your college debt.