More than half of Americans live paycheck to paycheck, survey says

Gen Z consumers who were living paycheck to paycheck cited nonessential spending as a reason behind their financial hardships.

GDP growth for Q2 dips on second estimate

Gross domestic product (GDP) increased in Q2 2023 and signs of a strong economy could push the Fed to raise interest rates again. This could have a major impact on consumer debt.

New rule would make millions more workers eligible for overtime pay

The Biden administration proposed a new rule Wednesday requiring bonus pay for overtime work for millions more American workers.

Americans consider using credit cards to afford student loan payments: survey

Many Americans who used the pause on student loan payments to reduce debt may now have to reverse course, according to a recent Empower survey.

IRS announces changes impacting catch-up contributions

Eligible Americans saving for retirement can continue catch-up contributions on a pretax basis through 2025.

American Airlines slapped with record-breaking $4.1M penalty for stranding passengers on delayed flights

The federal government is fining American Airlines $4.1 million for dozens of instances in which passengers were kept on board planes without a chance to exit during long ground delays.

Can the Federal Reserve keep raising interest rates?

After a year of rising interest rates, the Federal Reserve is expected to change course at its next meeting.

Here's how much workers are demanding to start a new job

The lowest wage that American workers are willing to take in order to accept a new job has hit a record high this year, survey results show.

Gen Xers face alarming retirement shortfall, study says

The typical Gen X household has saved less than what is needed to finance a secure retirement, according to a study from the National Institute on Retirement Savings.

Options for new cars under $20,000 limited to a single choice

Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000. Now, there’s just one.

Looming UAW strike could cost US economy more than $5B in just 10 days

If the United Auto Workers decides to strike against the "Big Three" Detroit automakers when the current contract expires next month, it could cost the U.S. economy more than $5 billion.