Debt ceiling: Bill on its way to House floor after clearing key hurdle
Under fire from conservatives, House Speaker Kevin McCarthy is hunting for votes from fellow Republicans for the debt ceiling deal.
These billionaires are worth more than the US Treasury has in cash, report says
The cash balance at the U.S. Treasury is lower than the net worth of some of the world's richest people, according to the Bloomberg Billionaire Index.
6 tips to save $100 a week and put it toward savings
How to overcome inflation and regain control of your finances
Tight labor market has increased demand for teens in summer jobs
The proportion of Americans between the ages of 16 and 19 who have jobs has trended up in recent years.
Debt ceiling deal: Here's what's in, what's out of the bill to avert US default
Details of the deal between President Joe Biden and House Speaker Kevin McCarthy are out. But the two leaders still have to persuade Congress to pass the bill.
Biden, McCarthy reach final deal in debt ceiling talks, look to sell Congress
The Democratic president and Republican speaker spoke with each other Sunday evening as negotiators rushed to draft the bill text so lawmakers can review compromises that neither the hard-right or left flank is likely to support.
Cashing In: Tips for students graduating with debt
Almost half of all students who borrow money for college graduate with debt, but financial expert Dan Roccato offers some helpful tips for new graduates.
What's next on debt ceiling: Congress has little time to approve deal before default deadline
Lawmakers are not expected to return to work from the Memorial Day weekend before Tuesday, at the earliest.
Source: Debt ceiling 'agreement in principle' has been reached
President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle" late Saturday as they raced to strike a deal that to limit federal spending and resolve the looming debt crisis ahead of a June 5 deadline,
Southern accents could cost job seekers a 20% wage penalty, study finds
Another recent study says job applicants with Southern accents are the fourth most likely to change how they talk.
Mortgage rates rise as debt limit impasse lingers: Freddie Mac
The average rate for a 30-year fixed-rate mortgage increased to 6.57% for the week ending May 25, according to Freddie Mac's Primary Mortgage Market Survey.
Today's mortgage rates rise, but 15-year terms remain lowest option | May 25, 2023
Check out the mortgage rates for May 25, 2023, which are trending up from yesterday.
Lawmakers look to loosen child labor laws, even in bars and on school nights
In Wisconsin, Republican lawmakers are backing a proposal to allow 14-year-olds to serve alcohol in bars and restaurants.
Debt ceiling talks stuck, sides 'far apart' as June 1 deadline nears
A defiant House Speaker Kevin McCarthy says the debt ceiling standoff is “not my fault" after he sent Republican negotiators to the White House to finish out debt limit talks.
House votes to cancel Biden’s $400 billion student loan handout
The House voted Wednesday to repeal President Biden’s plan to forgo more than $400 billion in federally backed student loan debt.
Rising costs pressure many Americans to make this one retirement mistake: Survey
High costs pushed 25% of cash-strapped Americans to cut retirement savings, according to a recent TIAA Institute survey.
Round 3 of Disney job cuts starting
Disney has said it plans to trim 7,000 from its workforce overall
Shopping for cheaper insurance hits a new high as Americans seek relief from rising rates: J.D. Power
The rate at which drivers were given new auto insurance quotes increased by 13.1% in the first quarter of 2023 – the highest rate since June 2021. And the switch rate increased by 4.1%, according to J.D. Power report.
Debt ceiling: No agreement yet, but Biden, McCarthy say they're optimistic after meeting
President Joe Biden and House Speaker Kevin McCarthy say they and their lead negotiators have had a productive meeting at the White House on the impasse over the government's debt ceiling.
America's debt hits new record of more than $17 trillion: NY Fed
Consumer debt reached a record of $17.05 trillion in Q1 2023. Many Americans still deal with high inflation and are seeking help from their financial institutions, reports say.