Debt ceiling: Biden 'confident' there will be no default
Negotiators are racing to beat a deadline of June 1, which is when the Treasury Dept. said the U.S. could begin defaulting on its debts for the first time in history and risk financial catastrophe.
70% of Americans plan to retire, but 42% lack savings: Study
According to the survey, over half of respondents said they do not have a 401K or have or know what an IRA is.
How the latest Fed interest rate hike could impact credit card debt, auto loans
The Federal Reserve has raised its key interest rate yet again in its drive to cool inflation, a move that will directly affect most Americans.
73% of American Millennials living paycheck-to-paycheck, financial report shows
Faced with high prices and interest rates, consumers have begun reining in their spending.
Gas prices dip, offering consumers some relief at the pump: AAA
The national average cost for a gallon of gas dropped by five cents from last week to $3.68, reflecting a dip in oil prices, AAA said.
Mortgage rates rise, add to affordability issues
The average rate for a 30-year fixed-rate increased to 6.39%. Higher rates and low housing supply is putting affordability constraints on would-be homebuyers. But there are still ways to find the best rate.
Home price growth continues to slow down: Fannie Mae
Home prices increased by 4.7% year-over-year in Q1 2023. However, that marked a significant slowdown from annual growth in the previous quarter. Still, low home supply and high mortgage rates have raised affordability issues for potential home buyers. Here’s what you need to know.
This is the No. 1 top-selling grocery item in the US, according to Instacart shopping data
The Midwest and its neighboring states lead the way with the highest purchases, Instacart said.
The best time to sell your home is this week, data reveals
According to the research, the week of April 16-22 offers higher-than-average prices and a lower-than-average time on the market, while also offering a higher-than-average number of buyers.
How much does a funeral cost? New rule would make funeral homes post prices online
“In the internet era, it’s hard to see why anyone should have to physically visit or call multiple funeral homes just to compare prices."
IRS extends tax deadlines for storm victims in these 7 states
Individuals, households and businesses in disaster areas as designated by FEMA qualify for the tax relief.
You missed the tax deadline. Now what?
The tax deadline is a little over a week away, but if you miss it, don’t worry, the IRS has options to avoid paying fees and penalties.
Tech layoffs, high interest rates are having ‘serious impact’ on how people buy homes
Facebook, Twitter and other companies announced layoffs this year amid rising interest rates. Experts say it’s affecting both prospective homebuyers and sellers.
Social Security cuts could be coming soon — here's who will be affected
A recent government report suggests that Social Security funds face a long-term financial crunch that could mean some benefits get cut sooner for retirees.
Homebuyers find opportunity in declining mortgage rates: Freddie Mac
The average rate for a 30-year fixed-rate mortgage dropped to 6.32% for the week ending March 30, according to Freddie Mac's Primary Mortgage Market Survey.
Texas woman pays off $70K in debt in just two years by 'cash stuffing'
Jasmine Taylor of Amarillo, Texas, saved money by using the "cash stuffing" method — allowing her to pay off debt in just two years. Here's how she did it successfully.
Many electric vehicles to lose big tax credit under proposed new rules
Fewer new EVs will qualify for a full $7,500 federal tax credit under the rules proposed Friday by the U.S. Treasury Department.
Apple Pay Later launches after a six-month delay
Apple announced the soft launch of its long-awaited buy now, pay later service option for Apple Wallet.
First Citizens to acquire troubled Silicon Valley Bank, FDIC says
Customers of Silicon Valley will automatically become customers of First Citizens, which is headquartered in North Carolina.
US home values fell $2.3 trillion in 2022, but homeowners still benefiting from pandemic era gains: Redfin
The total value of U.S. homes was $45.3 trillion at the end of 2022, down 4.9% from a record high of $47.7 trillion in June – the most significant June-to-December drop in percentage terms since 2008, according to Redfin.