America's top 1% has total net worth of $44 trillion
Recent Federal Reserve data reveals that America's wealthiest 1%, with assets exceeding $11 million, amassed a record $44.6 trillion in wealth by the end of the fourth quarter of 2023, with fluctuations observed based on geographical location.
Republican states file suit to stop Biden's SAVE student loan repayment plan
The Kansas-led lawsuit seeks to halt the SAVE plan immediately, arguing that the U.S. Department of Education has no authority to alter student loan repayment plans, essentially canceling more than $156 million in student loan debt.
$40 billion of COVID-19 aid unlocked to build affordable housing
Treasury is relaxing access to COVID-19 aid to build affordable housing and expand eligibility for homes.
3 in 4 Americans think tipping has gotten out of control, survey finds
Most Americans are getting tired of tipping and admit they only do it because they feel like they have to, according to a recent survey by WalletHub.
Minimum wage vs. tipped wage: State-by-state comparison
Most fast food workers in California are set to be paid a minimum of $20 per hour under a new law that starts Monday. Here is a look at how that compares to other minimum wages across the country.
Final fourth quarter GDP revised upwards as consumer spending rises
The final estimate for real gross domestic product (GDP) in the fourth quarter of 2023 was revised upwards, showing that the U.S. economy grew.
High homeowners insurance rates scaring away Florida homebuyers, other states face the same issue
Florida has the highest homeowners insurance rates in the country, closely followed by Oklahoma, Mississippi and Texas.
January home prices show steady annual gain, but month-to-month comparison tells another tale: Case-Shiller
Home prices nationwide now stand 6% above their level this time last year and up from a 5.6% rise last month, according to the latest S&P CoreLogic Case-Shiller Indices report.
Biden cancels another $6 billion in student loans, this time for public service workers
Workers like nurses and teachers are getting forgiveness through fixes to the Public Service Loan Forgiveness program.
Home listings are rising, but buyers aren’t buying due to high interest rates
Homeowners are eager to sell, despite make less in profits than they did in 2022.
Consumers spend more than $1 trillion on interest payments, largely due to increasing credit card debt
Consumers paid over $1 trillion in interest payments, most of which when toward high-interest credit card debt.
Gas prices rise as spring season approaches: AAA
Although demand is down, gas prices are still rising due to an increase in oil prices.
IRS has 940,000 unclaimed tax refunds from 2020 that will expire soon
The IRS is warning taxpayers that they may be leaving more than $1 billion on the table.
Mortgage lending took a huge dip in Q4, but there's hope for spring housing: report
Mortgage lending dropped to a two-year low in the fourth quarter of 2023, but the spring season could reverse this, according to a recent report by ATTOM.
Fed said interest rates will be reduced this year, just not now
On Wednesday, the Federal Reserve announced that it would maintain the federal funds rate at a range of 5.25% to 5.5%.
FHA raises loan limits for manufactured housing for the first time in 15 years
HUD has raised the loan limits for manufactured housing to align with prices today.
Biden cancels student loans for 78,000 more public workers
Another 78,000 Americans are getting their federal student loans canceled.
Here's why paid loyalty programs are all the rage at stores and restaurants
Looking for reliable sales in an unpredictable spending environment, more companies have extended their points-based loyalty tiers to making their most dependable customers feel valued for an up-front fee.
Still need to pay taxes? Here are some last-minute tips
The tax filing deadline is quickly approaching. The IRS has some last-minute tips to get this year’s taxes done accurately and refunds issued timely.
Cost of living makes retirement savings harder for younger generations, survey finds
Respondents across generations highlighted inflation, consumer debt, and the need for emergency savings as major obstacles to retirement savings.