New plan would cancel student loans for those with financial hardships
Student loan borrowers who face steep medical bills, child care costs and other types of financial hardship could see their student loan debt erased under a new proposal.
Navigating open enrollment season
University of San Diego Professor Dan Rocatto joined FOX6 WakeUp with some tips on approaching open enrollment.
Social Security: Here's how far the average check goes in 50 largest US cities, according to study
Millions of Americans receive Social Security benefits and depending on where you live, the check might stretch a little more for expenses based on findings from a recent study.
Social Security: It'll be harder to qualify for retirement benefits starting in 2025 — what to know
It will become slightly harder to qualify for Social Security benefits in retirement next year amid a change related to the value of a work "credit."
Waukesha County sales tax decision postponed, Farrow says
A proposal to institute a Waukesha County sales tax is on hold, County Executive Paul Farrow announced Tuesday evening.
IRS announces higher standard deductions for 2025
The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from taxation.
Should minimum wage be lower for workers who get tips? These 2 states will decide
The amount of money tipped workers make varies depending on the state. Currently, 14 states pay the federal minimum, or just above $2 an hour for tipped workers and $7 an hour for non-tipped workers.
A growing share of Gen Z adults don't think they'll retire: only 20% are saving for it
America's youngest adult generation is projected to live longer than previous generations, but few of them are preparing for a traditional retirement.
Budget tips from Northwestern Mutual
Tino Arvanetes and Mike Ribar from Northwestern Mutual share tips on how to create a budget that works for you.
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
Financial experts share tips to save with students
Through the group SecureFutures, financial experts offer students one-on-one help twice a month. They are the money coaches.
Building a budget; financial experts share tips to save with students
Through the group SecureFutures, financial experts offer students one-on-one help twice a month. They are the money coaches.
A closer look at how Trump's economic plan could impact inflation
Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.
Holiday spending projected to hit new record this year
Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.
Tax extension deadline on Oct. 15: What to know about filing late returns
For Americans who filed for a tax extension for the 2023 tax year, the deadline is on Tuesday, Oct. 15, 2024.
Some Social Security recipients will get two payments in November. Here's why
Those who receive Supplemental Security Income (SSI) will receive an additional check in November due to how the payment schedule is lined up.
TD Bank to pay $3 billion in historic money-laundering settlement
The Justice Department reported that money laundering networks transferred hundreds of millions of dollars through TD Bank branches for years.
Social Security COLA 2025: Recipients to receive 2.5% increase next year
The cost-of-living adjustment, or COLA, was announced on Thursday. Here’s what to know.
Waukesha County sales tax proposal, business group opposes
A Waukesha County commerce group on Wednesday voiced opposition to a proposed county sales tax, days after an ordinance was introduced.
Here’s how much money is needed to be considered middle class in every state
Income levels required to be considered middle-class varied significantly depending on where a person lived, according to the new study.