What is a personal line of credit?

A personal line of credit is a type of revolving credit that can be used to cover expenses like home renovations. Here’s what you need to know before applying.

Fed prepared to raise interest rates if inflation continues to surge

The Fed could be looking at a rate hike sooner than expected if inflation continues to surge. The latest FOMC meeting minutes indicate that Fed members are discussing the possibility of raising rates.

Holiday shoppers plan to spend nearly $1,000 this year, survey finds: 3 tips to avoid overspending

Consumers plan to spend $998 this holiday shopping season, according to a National Retail Federation (NRF) survey. Here's how you can overcome higher prices amid shipping delays and labor shortages to take advantage of holiday sales.

Economists: expect inflation to stick around, but it’s not time to panic

On Tuesday, the U.S. Treasury Secretary and Chairman of the Federal Reserve testified in front of a Senate committee commenting on rising inflation rates.

Democrats push Biden to cancel student loans after House passes Build Back Better

Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.

Expanded child tax credit would permanently reduce child poverty, CBPP finds

Build Back Better would make the Child Tax Credit permanently available to low-income families. But the trillion-dollar spending plan faces hurdles in Congress before it can be signed into law.

Facebook owner Meta ordered to sell Giphy by UK antitrust watchdog

The U.K.'s antitrust watchdog has blocked Facebook's acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform.

Biden to discuss plans to alleviate supply chain woes, inflation ahead of holidays

Rising inflation is leading to price increases for millions around the world, forcing people to choose between digging deeper into their pockets or tightening their belts.

Biden's Build Back Better bill: Half of voters support plan but many fear inflation will worsen, poll shows

Nearly 50% of voters support Biden's Build Back Better plan, a new poll showed. But many are also worried it could worsen inflation rates. Here's what that means for interest rates.

Getting life insurance while you're young and healthy can save you thousands

The longer you wait to lock in a life insurance premium, the higher your monthly rate will be. Find out how taking out life insurance while you're young and healthy can save you thousands of dollars.

Small Business Saturday: Consumer spending projected to set new records

Saturday marks Small Business Saturday — a day created to shift consumers’ attention to the stores that call their communities home.

How the drought impacted Christmas trees in Minnesota, western Wisconsin

Overall, this season's Christmas trees are in good shape, but you might need to give it some extra water because of the drought earlier in the year.