Biden's student debt forgiveness may be taxed in these five states
Although student debt discharged is exempt from federal tax due to the American Rescue Plan Act of 2021, some states may still tax the savings, according to a report by the Tax Foundation.
Household income drops amid high inflation
The typical American’s income dropped for the third straight year amid record-high inflation. But you can still pay down high-interest debt quickly.
Federal government shutdown looming: What it means and who won't get paychecks
The federal government is heading toward a shutdown. Here's what that means for Social Security and other services.
How long could the UAW strike last? Here's how much strike pay the union has saved
The UAW strike could last for several months, based on the strategy that union president Shawn Fain has implemented -- which could spell major problems for Detroit's Big Three.
Inflation is affecting parents' ability to pay for education: survey
Inflation is taking a toll on back-to-school shopping expenses in 2023 as parents struggle with funding their children's education, supplies and extracurriculars, according to a survey.
Social Security overpaid North Texas woman by $41K, now they are demanding the money back
Delfina Prisock says her life was turned upside down when she received the letter from the Social Security Administration in May, demanding she repay more than $41,000 in benefits.
Bank of America will increase its minimum wage to $23 an hour
Bank of America’s minimum hourly pay will become $23 once the North Carolina-based company’s planned increase happens.
Fed pauses interest rate hikes in September but could raise rates again this year
The Federal Reserve paused interest rates in its September meeting. But inflation remains high as Americans deal with record credit card debt. Here’s what to do.
‘Take Care of Maya’: Family’s $200 million lawsuit against All Children’s Hospital goes to court
A child in extreme pain, a mother’s suicide, allegations of child abuse and an unconventional Ketamine therapy took center stage in a Sarasota County courtroom on Thursday as opening statements were heard in a case highlighted in the Netflix documentary ‘Take Care of Maya’.
Social Security payments could rise 3.2 percent in 2024
The Social Security cost of living adjustment could increase to 3.2% in response to high inflation. But it’s far from the 2023 record raise and many Americans still struggle to generate retirement income.
US national debt hits $33T for first time in history
The U.S. national debt exceeded $33 trillion on Monday for the first time ever, setting off alarm bells over unprecedented levels of government spending.
Katy Perry sells music catalog for $225 million
On Monday, the company announced that the deal would include Perry's five studio albums that she recorded for Capitol Records between 2008 and 2020. The sale is worth $225 million, according to multiple reports.
Here's how much it costs to raise a child in your state
Data shows the average annual cost to raise a child rose nearly 20% between 2016 and 2021.
Data reveals states with the highest credit card debt
Credit card debt topped $1 trillion nationwide.
Social Security cost-of-living adjustment could be bigger than expected next year
Social Security recipients will soon find out the 2024 cost-of-living adjustment.
Gas prices will inch higher next week before offering drivers relief, experts say
The 'biggest issue facing the consumer and the economy is the relentless rise in diesel prices,' an industry analyst warned
What is today’s lowest mortgage rate? Consider shorter terms | September 15, 2023
Check out the mortgage rates for September 15, 2023, which are mixed from yesterday.
Millionaire CEO who said there needs to be higher unemployment to punish 'arrogant' employees, apologizes
Tim Gurner, a multi-millionaire CEO of Gurner Group, a real estate company founded in 2013, said at a conference that COVID-19 created a work culture in which employees' attitudes and work ethic deteriorated.
Map: Here's the minimum annual income required to be middle class in each state
Inflation has surged in the past few years, peaking at 9% in June 2022. That means some families who were middle class in 2020 may no longer be in that category.
Here's how much you need to make to be 'middle class' in Pennsylvania, New Jersey and Delaware
What is the minimum annual income required this year for a family of four to be considered middle class in each state? A new study by Consumer Affairs has figured out.