Student loan forgiveness: Biden unveils plan to cancel $10K in student debt
Biden unveiled a plan to provide $10,000 of federal student loan debt relief for borrowers who earn under $125,000 annually, and more for those with the greatest financial need.
US will send $3 billion in aid to Ukraine as war hits 6 months
The new military aid to Ukraine will enable forces there to fight for years to come.
Steak prices decline on waning demand
The cost of steak is on the decline while ground beef prices remain elevated as consumers adjust their protein preferences to escape soaring inflation.
Massive rent hikes may finally be coming to an end, economist says
Rent prices are still at an all-time high for many tenants, but data shows asking rent prices have begun to slow.
Turkey prices expected to surge this Thanksgiving, experts warn
Inflation and bird flu took a toll on turkey flocks.
Cost of raising a child jumps to over $300,000
And that's before they even hit college.
Lowe’s to pay $55 million in bonuses for hourly frontline workers amid high inflation
Lowe’s gave seven similar bonuses after the pandemic began in 2020 and 2021.
Which EVs qualify for new US tax credit? Websites offer help
President Joe Biden signed Democrats’ landmark climate change and health care bill into law on Tuesday. It includes a tax credit of up to $7,500 that could be used to defray the cost of purchasing an electric vehicle.
What's in the Inflation Reduction Act? Health care, climate change goals become law
President Joe Biden arrived at the White House promising to “build back” America, and now he has signed into law legislation with a slimmer version of that idea.
Inflation Reduction Act: Biden signs massive climate and health care bill
President Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill, which includes the most substantial federal investment in history to fight climate change.
California retirement community hikes elderly couple's rent by $1,000/month: 'That has to be a mistake'
Residents at a Southern California retirement home are seeing their monthly payments go up by more than $1,000 a month, leading some to question whether they'll still be able to afford to live there.
Inflation Reduction Act: IRS one step closer to free tax-filing system with new funding
For many Americans, it's frustrating that beyond having to pay sometimes hefty tax bills, they also have to shell out more money for tax preparation programs or preparers.
Infrastructure bill projects: Over $2B announced for roads, bridges, bike lanes across US
U.S. transportation officials announced $2.2 billion for local infrastructure projects on Thursday, paving the way for new bridges, roads, bike lanes, railways and ports in scores of communities across the country.
Gas drops below $4 a gallon average for first time since March, one analysis shows
GasBuddy says gas prices are dropping after hitting a record high in June.
US inflation slips from 40-year peak but remains high at 8.5%
Consumer prices jumped 8.5% in July compared with a year earlier, the government said Wednesday, down from a 9.1% year-over-year jump in June.
Gas prices coming down but inflation will likely stay high
Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months.
Most electric vehicles won't quality for tax credit despite proposed bill
“The $7,500 credit might exist on paper," John Bozzella, CEO of the Alliance of Automotive Innovation, said in a statement, “but no vehicles will qualify for this purchase over the next few years.”
July jobs breakdown: Which industries hired the most workers last month?
Hiring at bars and restaurants bolstered July job growth.
Milwaukee lakefront events had $3.2M economic impact in July
Major events returning to Milwaukee’s lakefront in July created a significant economic boost for the region, according to Milwaukee County Parks.
US added surprising 528K jobs in July despite inflation, recession fears
The American job market has repeatedly defied skeptics this year. Economists had expected only 250,000 new jobs this month.