Inflation may be coming down but that doesn't mean prices will, expert explains
Allianz chief economic adviser Mohamed El-Erian warned that even though inflation has cooled significantly, prices consumers face are unlikely to decrease.
TGI Fridays files for bankruptcy, COVID-19 pandemic blamed for financial woes
TGI Friday's has filed for Chapter 11 bankruptcy protection.
Social Security November payment schedule: Here’s when beneficiaries will get their checks
It's officially November. Here's the Social Security payment schedule for the month, including when SSI beneficiaries will get paid for December ahead of time.
Man wins $1M from lottery ticket he bought with money found in parking lot
The winner found $20 in a parking lot outside of a Speedway in North Carolina.
Infant care costs roughly 10% of a family's annual income in nearly all states, study finds
A new study reveals that child care expenses are absorbing a significant portion of family household incomes nationwide.
'90s fitness guru lost multimillion-dollar empire, delivered for Uber Eats in ‘desperation’
Susan Powter's financial downfall after building a fitness empire was due to the mismanagement of her fortune. The '90s fitness guru claimed she delivered for Uber Eats.
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.
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."
Biden administration forgives $4.5 million in student debt for 60,000 borrowers
The Biden administration announced over $4 million in funding for borrowers who have met PSLF requirements.
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.
Students relying on food pantry at Camden County College that needs more donations
Camden County College is tackling food insecurity for students with its 'Marketplace' pantry that provides food and resources. The Marketplace operates on donations and has been experiencing low numbers of them.
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.
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.
SEPTA hopes rate increase will ease financial burden
While SEPTA has seen an increase in ridership, they are still facing a budget shortfall and they are hoping that by increasing rates, they will make up the difference.
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.