Fewer homes are selling, but they're selling fast: Redfin
Despite low inventory, the homes for sale are selling at a fast pace, according to a report by Redfin. Here’s what you need to know.
CFPB warns about side effects of using medical credit cards, loans
Alternative debt financing products like medical credit cards and medical installment loans can weaken consumers' financial well-being, the CFPB warned in a recent report.
'Wheel of Fortune' host Pat Sajak: What is his net worth?
"Wheel of Fortune" only tapes four days a month, meaning the soon-to-retire host earns more per taping day than most people make in a year.
Credit card debt is at record high as Americans deal with inflation and rising costs: TransUnion
U.S. credit card balances increased 20% in the first quarter of 2023 compared to last year, a recent TransUnion report said.
Money stored in Venmo, other payment apps could be vulnerable, watchdog warns
Customers of Venmo, PayPal and CashApp should not store their money with those apps for the long term, according to the Consumer Financial Protection Bureau. Here's why.
Debt ceiling: Bill on its way to House floor after clearing key hurdle
Under fire from conservatives, House Speaker Kevin McCarthy is hunting for votes from fellow Republicans for the debt ceiling deal.
These billionaires are worth more than the US Treasury has in cash, report says
The cash balance at the U.S. Treasury is lower than the net worth of some of the world's richest people, according to the Bloomberg Billionaire Index.
House votes to cancel Biden’s $400 billion student loan handout
The House voted Wednesday to repeal President Biden’s plan to forgo more than $400 billion in federally backed student loan debt.
Rising costs pressure many Americans to make this one retirement mistake: Survey
High costs pushed 25% of cash-strapped Americans to cut retirement savings, according to a recent TIAA Institute survey.
Fewer Americans are willing to move for work, survey finds
Job seekers may be in the market for a new opportunity, but this doesn't mean they will necessarily accept the position if offered based on a recent survey.
Most affordable beach towns of 2023 revealed — and some are not where you'd think
With many people seeking the nearest beach to enjoy for a couple of days, people are also looking closely at the price tag that comes with those destinations.
Many Americans eye buy now, pay later to gain more financial flexibility: Survey
Nearly half of Americans (46%) said they would also consider BNPL an alternative financing method to credit cards or cash, according to a recent survey.
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.