Debt ceiling: House passes bill paving way for increase ahead of deadline
The House passed a bill that will allow the Senate to raise the U.S. debt limit with a Democrats’ only majority vote, as the deadline draws near.
The House passed a bill that will allow the Senate to raise the U.S. debt limit with a Democrats’ only majority vote, as the deadline draws near.
Holiday tipping: Can you tip your mail carrier?
Yes, you can tip your letter carrier this holiday season but, as federal workers, they have certain stipulations when it comes to accepting gifts. The bottom line: less is more.
Yes, you can tip your letter carrier this holiday season but, as federal workers, they have certain stipulations when it comes to accepting gifts. The bottom line: less is more.
93% of payday loan borrowers regret taking out their loans, survey finds
Payday loans can be a debt trap for borrowers who can't afford to make payments. Here's how you can repay your payday loan balance before it's sent to debt collectors.
Payday loans can be a debt trap for borrowers who can't afford to make payments. Here's how you can repay your payday loan balance before it's sent to debt collectors.
Here's who has qualified for student loan forgiveness under Biden
The Biden administration has forgiven federal student debt through four major loan forgiveness programs, including PSLF and borrower defense.
The Biden administration has forgiven federal student debt through four major loan forgiveness programs, including PSLF and borrower defense.
NFT is 2021 word of the year amid cryptocurrency surge, Collins Dictionary says
An NFT is proof of ownership for a unique digital item that can be bought and sold on the cryptocurrency marketplace. Here's what you need to know about buying and investing in crypto.
An NFT is proof of ownership for a unique digital item that can be bought and sold on the cryptocurrency marketplace. Here's what you need to know about buying and investing in crypto.
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.
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.
North Carolina man mistakenly buys 2 identical lottery tickets, wins both $25K a year prizes
A North Carolina man made the mistake of his life after accidentally buying two identical lottery tickets. He won big — twice.
A North Carolina man made the mistake of his life after accidentally buying two identical lottery tickets. He won big — twice.
Biden says COVID-19 Omicron variant 'cause for concern’ – will interest rates be impacted?
As health officials determine the potential impact of the COVID-19 Omicron variant, economists weigh the potential risks to the economy and what it means for growth forecasts.
As health officials determine the potential impact of the COVID-19 Omicron variant, economists weigh the potential risks to the economy and what it means for growth forecasts.
Seniors are losing out on Medicare savings during open enrollment, data shows
The Medicare and Medicare Advantage open enrollment period ends on Dec. 7, but many seniors haven't reviewed their health coverage. Even fewer decided to actually change plans, according to a new survey.
The Medicare and Medicare Advantage open enrollment period ends on Dec. 7, but many seniors haven't reviewed their health coverage. Even fewer decided to actually change plans, according to a new survey.
November jobs report: US employers added a sluggish 210,000 jobs
U.S. employers slowed the pace of their hiring in November, adding 210,000 jobs, as the economy contends with inflation and shortages.
U.S. employers slowed the pace of their hiring in November, adding 210,000 jobs, as the economy contends with inflation and shortages.
Black Friday shopping declines as Cyber Monday expected to be top spending holiday of 2021
This holiday shopping season, consumers are ditching short-term Black Friday deals in favor of a more long-term online shopping strategy, according to a new report.
This holiday shopping season, consumers are ditching short-term Black Friday deals in favor of a more long-term online shopping strategy, according to a new report.
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.
Capital One Bank announced that it will eliminate all fees for overdrafts and insufficient funds, becoming the largest bank to do so.
US unemployment claims rise by 28,000, but still low at 222,000
U.S. unemployment claims climbed by 28,000 last week to 222,000, even though the U.S. job market has been rebounding from the coronavirus recession.
U.S. unemployment claims climbed by 28,000 last week to 222,000, even though the U.S. job market has been rebounding from the coronavirus recession.
Fed prepared to raise interest rates if inflation continues to surge
The Fed could be looking at a rate hike sooner than expected if inflation continues to surge. The latest FOMC meeting minutes indicate that Fed members are discussing the possibility of raising rates.
The Fed could be looking at a rate hike sooner than expected if inflation continues to surge. The latest FOMC meeting minutes indicate that Fed members are discussing the possibility of raising rates.
Holiday shoppers plan to spend nearly $1,000 this year, survey finds: 3 tips to avoid overspending
Consumers plan to spend $998 this holiday shopping season, according to a National Retail Federation (NRF) survey. Here's how you can overcome higher prices amid shipping delays and labor shortages to take advantage of holiday sales.
Consumers plan to spend $998 this holiday shopping season, according to a National Retail Federation (NRF) survey. Here's how you can overcome higher prices amid shipping delays and labor shortages to take advantage of holiday sales.
Powell says Federal Reserve may accelerate pullback in economic support
Chair Jerome Powell said that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation.
Chair Jerome Powell said that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation.
Democrats push Biden to cancel student loans after House passes Build Back Better
Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.
Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.
Expanded child tax credit would permanently reduce child poverty, CBPP finds
Build Back Better would make the Child Tax Credit permanently available to low-income families. But the trillion-dollar spending plan faces hurdles in Congress before it can be signed into law.
Build Back Better would make the Child Tax Credit permanently available to low-income families. But the trillion-dollar spending plan faces hurdles in Congress before it can be signed into law.
Strong Cyber Monday sales expected but could fall short of 2020 spending
Both Black Friday and Thanksgiving Day online shopping came in below Adobe's prediction. On Black Friday, online sales reached $8.9 billion, down from the $9 billion in 2020.
Both Black Friday and Thanksgiving Day online shopping came in below Adobe's prediction. On Black Friday, online sales reached $8.9 billion, down from the $9 billion in 2020.
Retired housekeeper wins $50K in scratch-off lottery for 3rd time
A 61-year-old Maryland woman has won $50,000 in scratch-off lotteries for the third time since 2018. And the winning tickets all came from the same store.
A 61-year-old Maryland woman has won $50,000 in scratch-off lotteries for the third time since 2018. And the winning tickets all came from the same store.