Navient cancels $1.7 billion in student loans following settlement
Navient, a major student loan servicing company, has settled allegations of abusive lending practices for $1.85 billion.
Navient, a major student loan servicing company, has settled allegations of abusive lending practices for $1.85 billion.
US Army offering $50K bonuses to recruits amid ongoing COVID-19 pandemic
The U.S. Army, for the first time, is offering a maximum enlistment bonus of $50,000 to highly skilled recruits who sign up for six years.
The U.S. Army, for the first time, is offering a maximum enlistment bonus of $50,000 to highly skilled recruits who sign up for six years.
Inflation surges in December to highest rate since 1982
Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.
Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.
Bank of America cuts overdraft fees
Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.
Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.
IRS tax-filing season to kick off on Jan. 24
The tax-filing season will end a few days later than usual this year.
The tax-filing season will end a few days later than usual this year.
Arizona CEO's answer to 'Great Resignation' is offering $5K bonuses for new hires to quit
Chris Ronzio, CEO of software company Trainual, is offering a $5,000 bonus for new hires to quit after just two weeks into their new jobs.
Chris Ronzio, CEO of software company Trainual, is offering a $5,000 bonus for new hires to quit after just two weeks into their new jobs.
Powerball winning numbers for Wednesday, January 5, 2022; $630M jackpot
Here are the winning Powerball numbers for Wednesday, January 5, 2022. The Powerball jackpot has climbed to an estimated $630 million, the seventh-largest jackpot in the game’s history.
Here are the winning Powerball numbers for Wednesday, January 5, 2022. The Powerball jackpot has climbed to an estimated $630 million, the seventh-largest jackpot in the game’s history.
New tax rule requires PayPal, Venmo, Cash App to report annual business payments exceeding $600
Millions of small business owners who rely on payment apps like Venmo, PayPal and Cash App could be subject to a new tax law that just took effect this month.
Millions of small business owners who rely on payment apps like Venmo, PayPal and Cash App could be subject to a new tax law that just took effect this month.
Getting out of debt is a top New Year's resolution, study finds
Most consumers are considering a financial New Year's resolution, according to a recent study from Fidelity. Keep reading to learn how you can meet your financial goals in 2022.
Most consumers are considering a financial New Year's resolution, according to a recent study from Fidelity. Keep reading to learn how you can meet your financial goals in 2022.
Families are using the child tax credit to pay off debt, Census Bureau finds
Eligible households have been using the monthly payment to supplement household spending and pay off debt, data shows. But the future of the child tax credit hangs in the balance as the Biden administration struggles to pass the Build Back Better bill, which would extend the benefit through 2022.
Eligible households have been using the monthly payment to supplement household spending and pay off debt, data shows. But the future of the child tax credit hangs in the balance as the Biden administration struggles to pass the Build Back Better bill, which would extend the benefit through 2022.
Refinance rates rise: 20- and 15-year terms emerge as best bargains | Jan. 4, 2022
Check out the mortgage refinancing rates for Jan. 4, 2022, which are up from yesterday.
Check out the mortgage refinancing rates for Jan. 4, 2022, which are up from yesterday.
Today's mortgage rates surge: Buyers should act ahead of further increases | Jan. 4, 2022
Check out the mortgage rates for Jan. 4, 2022, which are trending up from yesterday.
Check out the mortgage rates for Jan. 4, 2022, which are trending up from yesterday.
$29,000 for an average used car? Would-be buyers are aghast
The days when just about anyone with a steady income could wander onto an auto lot and snag a reliable late-model car or buy their kid’s first vehicle for a few thousand dollars have essentially vanished. “I’ve never seen anything remotely close to this — it’s craziness.”
The days when just about anyone with a steady income could wander onto an auto lot and snag a reliable late-model car or buy their kid’s first vehicle for a few thousand dollars have essentially vanished. “I’ve never seen anything remotely close to this — it’s craziness.”
Powerball jackpot rises to $522M after no winner in New Year's Day drawing
The jackpot has now climbed to an estimated $522 million and will be up for grabs again Monday night at 10:59 p.m. ET.
The jackpot has now climbed to an estimated $522 million and will be up for grabs again Monday night at 10:59 p.m. ET.
Virginia dad wins $1M jackpot while on chocolate milk run for kids
Dennis Willoughby stopped at a 7-Eleven store in Richmond to buy the drinks and to buy a $1 million Platinum Jackpot scratch-off ticket.
Dennis Willoughby stopped at a 7-Eleven store in Richmond to buy the drinks and to buy a $1 million Platinum Jackpot scratch-off ticket.
Social Security cost-of-living boost begins: What to know
Social Security recipients are set to see the highest cost-of-living increase in 40 years in 2022.
Social Security recipients are set to see the highest cost-of-living increase in 40 years in 2022.
Powerball jackpot climbs to $416 million ahead of Monday's drawing
The $416 million Powerball Jackpot, the game’s second most valuable grand prize of the year, is up for grabs again Monday night.
The $416 million Powerball Jackpot, the game’s second most valuable grand prize of the year, is up for grabs again Monday night.
Zelle scam: Police renew warning about money transfer app
Police have another warning about the ways scammers are using money transfer apps to target victims and their bank accounts.
Police have another warning about the ways scammers are using money transfer apps to target victims and their bank accounts.
US debt ceiling: Congress sends Biden $2.5T increase, avoiding default
Congress averted a debt default early Wednesday after Democratic majorities voted to send a $2.5 trillion debt ceiling increase to Biden over Republican opposition.
Congress averted a debt default early Wednesday after Democratic majorities voted to send a $2.5 trillion debt ceiling increase to Biden over Republican opposition.
Debt ceiling: Biden signs fast-track plan to prevent default
The Senate approved a bill that will clear the way for Congress to raise the debt ceiling with a simple-majority vote before the projected Dec. 15 deadline.
The Senate approved a bill that will clear the way for Congress to raise the debt ceiling with a simple-majority vote before the projected Dec. 15 deadline.