Buy now, pay later products to be treated like credit cards, CFPB says
BNPL lenders must now follow the federal Truth in Lending Act (TILA) and Regulation Z rules that apply to credit cards, the CFPB said.
Fed holds interest rates steady, projects just one cut this year
The Federal Reserve on Wednesday held interest rates steady for the seventh straight time and scaled back the outlook for rate reductions later this year as high inflation lingers.
71 percent of Americans waiting on interest rate cuts before hunting for homes: survey
Sixty-seven percent of Americans still dream of owning a home, but 71% said they are waiting for mortgage rates to drop before entering the market, according to a recent BMO Financial survey.
Borrowers urged to apply for Navient's private student loan forgiveness
The Project on Predatory Student Lending (PPSL) launched a campaign to raise awareness of Navient's discharge program for certain borrowers seeking relief because their school lied to them.
Retirement account balances hit highest level since 2021; how does yours compare?
A new analysis by Fidelity Investments found Americans' retirement account balances are the highest they have been in more than two years, thanks to two key factors.
15 million Americans still harmed by medical debt despite credit agencies' changes
The CFPB said some 15 million Americans are still struggling with more than $49 billion in outstanding medical bills in collections on their credit reports.
Dow hits 40,000 for first time
The Dow Jones Industrial Average crossed 40,000 for the first time ever Thursday as investors celebrated solid earnings and a slight easing of consumer inflation last month.
Social Security check may be bigger next year. Here's why
Social Security COLA estimate rises amid stubborn inflation.
Student loan forgiveness: Key deadline for one-time adjustment extended
A student loan forgiveness-related deadline has been extended by the Biden administration related to loan consolidation. Here’s what to know.
Most common hidden ‘junk fees’ and how much they cost you
Junk fees increase the total cost of many goods and services including concert tickets, hotel rooms, gym memberships and utility bills.
IRS warns thousands of taxpayers could face criminal prosecution for filing false returns
The IRS warned on Tuesday that thousands of taxpayers could face criminal prosecution if they filed false tax returns for high refunds.
Most baby boomers heading toward retirement have little saved: study
Baby Boomers in their 60s have little saved for retirement while many Gen Xers have nothing saved.
Highest-paying jobs right out of school revealed
A new analysis has revealed the highest-paying jobs right out of school, with several engineering roles making the list.
Social Security fund gains extra year of solvency – benefits will begin to be reduced in 2035
Social Security trust funds will not run out of money until 2035, at which point Seniors can expect their benefits to be reduced by 17% unless Congress takes steps to shore up the program.
A $400 red pineapple? Meet this rare designer fruit from Costa Rica
Fresh Del Monte's Rubyglow, a $400 pineapple created by crossbreeding conventional and red-purple Morada varieties, offers a luxurious and strikingly unique fruit experience.
Here’s how many different grocery stores Americans visit per week, and what they buy
How many different grocery stores do Americans visit for their weekly haul? A recent consumer survey found the answer, as well as how much they spend, what they buy, and more.
US students want financial planning and other life skills education, survey finds
Nearly 1 in 5 recent U.S. graduates said they are the least confident in handling automotive maintenance, such as changing a tire or their oil, according to the survey.
Wendy's to test 'surge-pricing' menu that updates based on demand
Dynamic pricing, similar to Uber, is coming to Wendy's. The chain will invest in new high-tech digital menus to adjust prices depending on restaurant traffic.
Students may qualify for a financial aid refund from their college under new Education Department proposal
With FAFSA errors and rising education costs, the return of unused financial aid may be a welcome relief to students.
Fear over Social Security's future pushes Americans to claim benefits early: survey
Most Americans understand Social Security, but concern over its future is pushing many to claim retirement benefits early, a recent Schroders survey said.