Social Security clawed back overpayments tied to COVID-19 stimulus – lawmakers want answers
Some Social Security recipients have erroneously seen their benefits suspended or have been assessed overpayments due to COVID-19 stimulus checks.
Here's how much money you need to be happy, according to 2023 survey
A recent survey asked the age-old question: can money buy happiness? More than half said yes, and here's the price tag for the average American.
Founder of Binance, world’s largest crypto exchange, pleads guilty to anti-money-laundering charge
Binance, the world’s largest cryptocurrency exchange, agreed to pay more than $4 billion as part of an agreement with the U.S. government. Founder Changpeng Zhao also reportedly agreed to step down from his role.
Social Security reform would restore full benefits to public workers
Reform to provisions designed to even the playing field between workers who paid Social Security and public sector workers who don't but benefit from a pension program could cost as much as $150 billion.
These nickels might have a value over 5 cents, particularly if this animal appears on it
Although these rare nickels aren't in heavy circulation, some can sell for thousands of dollars.
Nearly a million student loan borrowers back in forbearance following servicer billing errors
The Department of Education has withheld millions of dollars of payment to student loan servicers over billing errors that triggered delinquencies for many students.
Paper check fraud is on the rise: What to know
While online banking and electronic payments are now more mainstream, many Americans still write paper checks, and there's been a resurgence of fraud in some lesser-known ways.
More student loan borrowers are filing for bankruptcy to offload debt
Discharging student loan debt in bankruptcy is on the rise.
Mortgage rates dip further and could be the break homebuyers need: Freddie Mac
The average 30-year fixed-rate mortgage was 7.44% for the week ending Nov. 16, according to Freddie Mac's latest Primary Mortgage Market Survey.
Biden signs temporary spending bill averting government shutdown
The temporary spending bill, which ensures the government remains open until after the holidays, does not include any wartime aid for Ukraine or Israel, nor does it offer humanitarian funding for Palestinians.
US Postal Service records whopping $6.5 billion net loss for 2023
The U.S. Postal Service has posted a $6.5 billion net loss for fiscal year 2023 with operating revenue falling by $321 million.
Push to cap loan interest fees at 36 percent may leave subprime borrowers without credit, trade groups warn
New legislation seeks to cap interest rates on all consumer loans, but banking groups warn it could do more harm than good.
Record number of Americans moving to disaster prone areas
Despite recent natural disasters, places known for climate risk are becoming popular destinations for homeowners.
Credit card balances grow $48 billion in the third quarter: NY Fed
Credit card balances spiked by $154 billion year over year, notching the most significant increase since 1999, according to the New York Fed.
Where are mortgage rates headed amid easing inflation? Experts weigh in
Tuesday’s new report from the Labor Department showed that prices either fell or rose more slowly across a broad range of goods including housing.
US consumer inflation eased in October, driven by cheaper gas, cars and airfares
Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedeviled consumers for the past two years.
Homebuying to remain slow through 2023: agent survey
High mortgage rates and home prices may keep homebuyers on the sidelines through 2023, a survey found. But you can still find the best mortgage rate by comparing your options.
Alarming number of Americans fall deeper into credit card debt each month: survey
Americans owe more than $5,000 in credit card debt on average and in times of high inflation and rising interest rates, they are relying on credit cards more than ever before. But there are ways to pay off debt quickly.
Microsoft expanding Mount Pleasant footprint; investing billions
Racine County officials and Microsoft announced the tech company plans to expand its proposed Mount Pleasant datacenter footprint.
Retirement savings are getting sucked up in a financial vortex: Goldman Sachs
U.S. workers have upped their retirement savings, but competing spending continues to challenge most from reaching their goals, a recent Goldman Sachs Asset Management (GSAM) retirement report said.