Supreme Court allows $6 billion in payments to continue in student loan relief case

The Supreme Court of the United States (SCOTUS) has declined to block a $6 billion student loan settlement involving more than 200,000 students who accused their schools of fraudulent activity. But not all borrowers qualify for relief. Here’s what you need to know.

Minnesota's unemployment rate down slightly in March

Minnesota’s unemployment rate was down slightly in March according to data from the Minnesota Department of Employment and Economic Development. 

The best time to sell your home is this week, data reveals

According to the research, the week of April 16-22 offers higher-than-average prices and a lower-than-average time on the market, while also offering a higher-than-average number of buyers.

More women earning as much as husbands, but still do more at home, study finds

In U.S. marriages where spouses earn the same income, husbands were still found to spend more time on leisure, while wives spend more time on caregiving and chores, according to Pew Research.

Inflation and rising costs pushes Americans to make risky financial choices: Survey

High inflation and interest rates pushed 35% of Americans to drain cash from emergency savings and 26% have skipped or are considering becoming delinquent on their credit cards, a recent survey from Achieve said.

Gas prices pump higher as the cost of oil rises: AAA

Gas prices increased by nine cents to $3.64 per gallon as oil prices rise. And although gas prices have dropped year-over-year, Americans have been facing high inflation in 2023.

US retail sales fall amid high inflation, rising rates

The decline in sales adds to other recent evidence that the economy is cooling as consumers grapple with higher interest rates and the impact of a year-long bout of elevated inflation.

Senior Fed official sees need for more interest rate increases

Last month, inflation slowed as food and gas prices fell, but excluding those volatile categories, “core” prices kept rising and are 5.6% higher than a year ago.

Many Americans plan to use their tax refunds to build savings in 2023, survey says

Americans challenged by inflation and rising costs plan to save less than $5,000 in 2023 and many are relying on tax refunds to make ends meet, a recent TaxAct survey said.

Seniors worry Social Security increase not enough to cover rising costs: Survey

More than half of survey respondents said the latest increase to Social Security benefits doesn't adequately cover rising costs. As inflation rises, the increase in spending exceeded the latest 8.7% COLA adjustment.

You missed the tax deadline. Now what?

The tax deadline is a little over a week away, but if you miss it, don’t worry, the IRS has options to avoid paying fees and penalties.

Gas prices increase as OPEC cuts oil production

After OPEC announced it intends to decrease production starting in May, gas prices increased, according to AAA’s latest gas prices report.

IRS promises more audits of wealthy taxpayers, better customer service

IRS officials pledge not to raise audit rates on small businesses and households making under $400,000 annually. A new report from the agency says most of the money for the program is to pursue high-wealth individuals and companies.