Debt ceiling talks stuck, sides 'far apart' as June 1 deadline nears

A defiant House Speaker Kevin McCarthy says the debt ceiling standoff is “not my fault" after he sent Republican negotiators to the White House to finish out debt limit talks.

House votes to cancel Biden’s $400 billion student loan handout

The House voted Wednesday to repeal President Biden’s plan to forgo more than $400 billion in federally backed student loan debt.

Round 3 of Disney job cuts starting

Disney has said it plans to trim 7,000 from its workforce overall

Debt ceiling: No agreement yet, but Biden, McCarthy say they're optimistic after meeting

President Joe Biden and House Speaker Kevin McCarthy say they and their lead negotiators have had a productive meeting at the White House on the impasse over the government's debt ceiling.

Debt ceiling explained: Why it's a struggle, how the impasse could end

Negotiations are continuing over raising the nation's debt ceiling and mere days before the government could reach a “hard deadline” and run out of cash to pay its bills.

Most affordable beach towns of 2023 revealed — and some are not where you'd think

With many people seeking the nearest beach to enjoy for a couple of days, people are also looking closely at the price tag that comes with those destinations.

These are the most debt-ridden cities in the US, according to study

The average non-mortgage debt across the 50 largest U.S. metros is $39,713, which includes auto loans, student loans and credit cards, a LendingTree study found.

Many Americans eye buy now, pay later to gain more financial flexibility: Survey

Nearly half of Americans (46%) said they would also consider BNPL an alternative financing method to credit cards or cash, according to a recent survey.

Debt ceiling: Biden 'confident' there will be no default

Negotiators are racing to beat a deadline of June 1, which is when the Treasury Dept. said the U.S. could begin defaulting on its debts for the first time in history and risk financial catastrophe.

Texas parents charge 19-year-old daughter rent; reveal criticism and support

People are sounding off on TikTok as parents charging their children rent has become a topic of discussion. Check out how one family navigated their adult daughter living at home.

Household debt hit record $17T last quarter as inflation squeezes Americans

New York Federal Reserve data released Monday shows household debt hit a fresh record in the first quarter of 2023 as high inflation squeezes Americans.

Housing market could tumble into a 'deep freeze' if US defaults on its debt

A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.

Gas prices decrease amid market uncertainty: AAA

Average gas prices dipped to $3.53 per gallon for the week ending May 11, 2023, AAA reported. The low cost of oil has kept gas prices on the decline despite a rise in gas demand, AAA said.