Q1 GDP revised down on lackluster consumer spending
Real GDP increased at an annual rate of 1.3% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate.
Real GDP increased at an annual rate of 1.3% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate.
Social Security has a 'billionaire problem,' advocate warns
Social Security benefits will be cut significantly in 2035 without a fix. Here's what advocates say we can do to prevent that.
Social Security benefits will be cut significantly in 2035 without a fix. Here's what advocates say we can do to prevent that.
Home insurance rates have surged nearly 40% since 2019 – but they're rising fastest in these states
Rising home insurance premiums are the latest squeeze on homeownership.
Rising home insurance premiums are the latest squeeze on homeownership.
New construction still popular as most Americans believe it’s a bad time to buy an existing home
New builds increased by 21.2% compared to March of last year, with the South seeing a higher rates of new construction permits.
New builds increased by 21.2% compared to March of last year, with the South seeing a higher rates of new construction permits.
The cheapest spots to buy gas in Minnesota
Gas prices in Minnesota and beyond remain high as we enter the summer travel season.
Gas prices in Minnesota and beyond remain high as we enter the summer travel season.
This is the staggering amount homeowners spend on costs besides their mortgage
Some 28% of homeowners said they've considered going back to renting.
Some 28% of homeowners said they've considered going back to renting.
McDonald's menu hikes: McDouble up 168%, McChicken 200% in 10 years
McDonald's customers are shocked by nearly tripled prices over the past decade, with the McDouble up 168% and the McChicken Sandwich up 199%, driven by higher food, labor, and operational costs.
McDonald's customers are shocked by nearly tripled prices over the past decade, with the McDouble up 168% and the McChicken Sandwich up 199%, driven by higher food, labor, and operational costs.
A large percentage of first-generation students have been impacted by FAFSA challenges
FAFSA issues have caused minority students to delay attending college and have led to severe stress and anxiety for other prospective students.
FAFSA issues have caused minority students to delay attending college and have led to severe stress and anxiety for other prospective students.
Texas judge stops Biden Administration rule that caps credit card late fees at $8
The Biden Administration is trying to stop junk fees, but a judge put a stop to a rule capping credit card late fees at $8.
The Biden Administration is trying to stop junk fees, but a judge put a stop to a rule capping credit card late fees at $8.
Social Security check may be bigger next year. Here's why
Social Security COLA estimate rises amid stubborn inflation.
Social Security COLA estimate rises amid stubborn inflation.
Most common hidden ‘junk fees’ and how much they cost you
Junk fees increase the total cost of many goods and services including concert tickets, hotel rooms, gym memberships and utility bills.
Junk fees increase the total cost of many goods and services including concert tickets, hotel rooms, gym memberships and utility bills.
New vehicles are becoming more affordable as vehicle loan interest rates decline
New vehicle prices are dropping, but auto insurance rates are continuing to rise across the country.
New vehicle prices are dropping, but auto insurance rates are continuing to rise across the country.
More Americans to qualify for Social Security under new SNAP rule
The Social Security Administration has expanded the definition of a public assistance household to include SNAP recipients, broadening eligibility and potentially increasing benefits for more Americans.
The Social Security Administration has expanded the definition of a public assistance household to include SNAP recipients, broadening eligibility and potentially increasing benefits for more Americans.
Social Security fund gains extra year of solvency – benefits will begin to be reduced in 2035
Social Security trust funds will not run out of money until 2035, at which point Seniors can expect their benefits to be reduced by 17% unless Congress takes steps to shore up the program.
Social Security trust funds will not run out of money until 2035, at which point Seniors can expect their benefits to be reduced by 17% unless Congress takes steps to shore up the program.
Nearly half of all homeowners concerned weather-related events will raise their homeowners insurance rates
Weather-related events in states like Texas, Colorado and Arizona are causing double-digit rate hikes for homeowners.
Weather-related events in states like Texas, Colorado and Arizona are causing double-digit rate hikes for homeowners.
There are now 550 US cities where the typical home value is $1 million or more
California and New York have the largest share of million-dollar homes, making up most of the 550 cities with high home values.
California and New York have the largest share of million-dollar homes, making up most of the 550 cities with high home values.
More homebuyers are paying discount points as interest rates continue to rise
Borrowers with lower credit scores and FHA loans often turn to discount points more frequently than other groups.
Borrowers with lower credit scores and FHA loans often turn to discount points more frequently than other groups.
The unemployment rate barely rose, but only 175,000 jobs were added in April
The unemployment rate barely budged, rising to 3.9% while just 175,000 jobs were added.
The unemployment rate barely budged, rising to 3.9% while just 175,000 jobs were added.
Americans paid slightly more for fuel this week as gas prices rose by a few cents, on average
Fuel costs didn't go up by much this week due to low oil prices and a lull in demand.
Fuel costs didn't go up by much this week due to low oil prices and a lull in demand.
Art Institutes borrowers to get student debt cancellation, Biden says
The president and Education Secretary Miguel Cardona described the Art Institutes as "predatory" and said the new handouts would help students who were victims of their actions.
The president and Education Secretary Miguel Cardona described the Art Institutes as "predatory" and said the new handouts would help students who were victims of their actions.