Biden offers alternative student debt relief plan following Supreme Court ruling

President Joe Biden is offering an alternative student debt plan designed to ease borrowers’ threat of default if they fall behind on their payments.

Student loan forgiveness struck down: Here's what that means for you

The Supreme Court has ruled the Biden administration overstepped its authority in trying to cancel or reduce student loan debt, effectively killing the $400 billion plan.

Supreme Court strikes down Biden's student loan forgiveness plan – what's next?

The U.S. Supreme Court held that the Biden administration needs to have Congress’ backing for the costly student loan forgiveness plan and rejected arguments that the HEROES Act of 2003 gave Biden the authority he claimed.

Fed may tighten financial rules after US bank failures, Powell says

The collapse of Silicon Valley Bank, Signature Bank and First Republic Bank exposed different vulnerabilities that the Fed will likely address through new regulations.

Buying used, or not buying at all
video

Kevin Brasler the executive editor of Consumers' Checkbook discusses what to buy used and what to to avoid.

Here's how to prepare to pay back your student loans once the pandemic payment freeze ends

The Supreme Court may strike down President Joe Biden's student loan plan, which would erase $10,000 in federal student loan debt for those with incomes below $125,000 a year or households that earn less than $250,000.

Here's where homes face the biggest risk for natural disaster

Some areas, including places in Florida, have high-risk exposure to home damage from hurricanes and other natural disasters. But many homes aren’t equipped to withstand these events, according to a survey. Upgrading your home can protect it while saving you money on home insurance.

Cash App issue causes some to be double charged, company says

Cash App said it was notifying customers who were double charged the amount of their transaction and would refund anyone impacted by the issue.

Powell expects more Fed rate hikes because of persistently high inflation

Chair Jerome Powell reiterated that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy’s service sector and the surprisingly tight job market.

Used car prices soar as demand for limited inventory grows, report says

Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.

Disney CFO leaves after tense relations with execs

The Walt Disney Company announced Senior Executive Vice President and Chief Financial Officer Christine McCarthy is stepping down and will take a medical leave of absence.