Housing market will lead us into a recession, and will lead us out: MBA forecast

While the housing market could bring the economy into a recession next year, it could also bring it out, economists at the Mortgage Bankers Association (MBA) conference said.

Personal loan interest rates at near-record gap with credit cards, boosting savings opportunity

The interest rate on personal loans is much lower than the one on credit cards, according to the Federal Reserve Bank of St. Louis. Here’s how you can use these lower interest rates to pay down debt.

Home prices to decline in 2023, recession ahead: Fannie Mae forecast

Fannie Mae forecasted that home prices will fall in 2023 and that GDP could contract once again at the end of this year. And while it predicted that a recession next year could be mild, it said there are still risks that could create a larger financial crisis.

Biden administration relaxes rules for student debt forgiveness

Education Secretary Miguel Cardona called it a “monumental step" that will make it faster and simpler to get debt relief.

Toyota to limit smart keys to 1 per new vehicle sold, due to semiconductor shortage

In an effort to ration semiconductors, Toyota Motor Corp. reportedly announced Thursday that it would replace one of the two "smart" keys it delivers in Japan with a mechanical one. 

Elon Musk now in control of Twitter, fires top executives, AP sources say

Elon Musk ousted Twitter CEO Parag Agrawal, as well as the chief financial officer and the company’s top lawyer, two people familiar with the deal said.

Zillow reportedly laying off 300 workers

A spokesperson for the company said Zillow is still hiring in 'key technology-related roles.'

Social Security increase 2023: What does it mean for retirees?

Social Security recipients will see the largest benefits increase in 40 years in 2023. Here’s what that means for your retirement savings plan.