Gas and oil prices are on the rise as warm weather brings more demand
Gas prices are up from last month, but down $0.29 compared to last year.
House passes $78 billion tax bill expanding the child tax credit, its fate in the Senate remains to be seen
The child tax deduction expansion would make more of the credit refundable, helping millions of families.
FAFSA inflation fix scheduled for mid-March, delays award notification until spring
The Department of Education said an inflation fix to FAFSA won’t come until mid-March, further delaying financial aid award notifications.
12 states qualify for the IRS Direct File pilot program: Is yours one of them?
On top of a new IRS tax filing system, an adjustment to the child tax credit may qualify families for higher credits.
Social inflation causing insurance rates to jump, no end in sight for rising premiums in 2024
Insurance rates are rising for customers as insurers struggle to deal with claim payouts.
Homeowners’ monthly mortgage payments dropped to lowest rate in years
Buyers are more optimistic about homebuying as average monthly mortgage payments drop to their lowest level in years.
U.S. heads toward slow recovery with 353,000 jobs added in January
Employment grew by 353,000 in January while unemployment stayed at 3.7%.
Gas prices increase in synch with oil costs and growing demand
A spike in demand as winter weather thawed and higher oil prices pushed gas prices up this week.
Borrowers meet challenges as student loans resume and servicers struggle to handle new payments
The Biden-Harris administration is withholding payments from services characterized by long wait times and inaccurate loan bills.
Trump-era tax cuts poised to expire soon, meaning you could face steeper taxes
The expiration of the Tax Cuts and Jobs Act on Dec. 31, 2025, will essentially mean that many Americans will be forced to pay anywhere between 1% to 4% more in taxes unless certain provisions are extended or made permanent.
US home prices hit a new record high in November
US home prices rise again in November as inventory shortage persists
Homeowners moving across state lines, seeking affordability, find it in certain cities
More households are passing on costly cities, moving to lower-cost areas like Charlotte, Providence and Indianapolis.
Gas prices remain stagnant as demand drops: AAA
Although prices are lower than they were last year at this time, they remain steady month over month.
Study: Gen Z, millennials are ‘obsessed’ with idea of being rich
The study found that nearly 60% of millennials said they feel behind financially, likely contributing to feelings of financial inadequacy.
US fourth quarter GDP beats expectations and recession odds
Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.
Biden cancels another $5 billion in student loan forgiveness – Here's who is impacted
The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.
When will the IRS send out tax refunds
The IRS says most taxpayers should expect their refund within 21 days of filing but it could take longer for some.
Social Security is coming for a bigger chunk of your paycheck
The portion of personal income subject to the Social Security tax has increased to $168,600 this year from $160,200 in 2023.
Read this before you sign up for a college credit card
Signing up for financial products your college is offering can sometimes be the worst deal, a recent CFPB report said.
Number of electric vehicles that qualify for new electric vehicle tax credit drops to 13
Only 13 electric vehicle models qualify for the full $7,500 credit, with Tesla and GM seeing the biggest hit.