Social Security reform would restore full benefits to public workers
Reform to provisions designed to even the playing field between workers who paid Social Security and public sector workers who don't but benefit from a pension program could cost as much as $150 billion.
Reform to provisions designed to even the playing field between workers who paid Social Security and public sector workers who don't but benefit from a pension program could cost as much as $150 billion.
Nearly a million student loan borrowers back in forbearance following servicer billing errors
The Department of Education has withheld millions of dollars of payment to student loan servicers over billing errors that triggered delinquencies for many students.
The Department of Education has withheld millions of dollars of payment to student loan servicers over billing errors that triggered delinquencies for many students.
Food banks struggle to meet holiday demands with rising prices
Inflation is driving up food prices, and food stamp benefits have been slashed as pandemic funding ran out. Food banks might not have enough to give this holiday season.
Inflation is driving up food prices, and food stamp benefits have been slashed as pandemic funding ran out. Food banks might not have enough to give this holiday season.
Rent hikes, strict rules: Puyallup mobile home community feels taken advantage of
Astronomical rate hikes, some as much as 50 percent, have Puyallup mobile homeowners outraged. After feeling ignored by property owners, frustrated neighbors hope to take their case to the Washington State Attorney General’s Office.
Astronomical rate hikes, some as much as 50 percent, have Puyallup mobile homeowners outraged. After feeling ignored by property owners, frustrated neighbors hope to take their case to the Washington State Attorney General’s Office.
More student loan borrowers are filing for bankruptcy to offload debt
Discharging student loan debt in bankruptcy is on the rise.
Discharging student loan debt in bankruptcy is on the rise.
Biden signs temporary spending bill averting government shutdown
The temporary spending bill, which ensures the government remains open until after the holidays, does not include any wartime aid for Ukraine or Israel, nor does it offer humanitarian funding for Palestinians.
The temporary spending bill, which ensures the government remains open until after the holidays, does not include any wartime aid for Ukraine or Israel, nor does it offer humanitarian funding for Palestinians.
US Postal Service records whopping $6.5 billion net loss for 2023
The U.S. Postal Service has posted a $6.5 billion net loss for fiscal year 2023 with operating revenue falling by $321 million.
The U.S. Postal Service has posted a $6.5 billion net loss for fiscal year 2023 with operating revenue falling by $321 million.
Push to cap loan interest fees at 36 percent may leave subprime borrowers without credit, trade groups warn
New legislation seeks to cap interest rates on all consumer loans, but banking groups warn it could do more harm than good.
New legislation seeks to cap interest rates on all consumer loans, but banking groups warn it could do more harm than good.
Record number of Americans moving to disaster prone areas
Despite recent natural disasters, places known for climate risk are becoming popular destinations for homeowners.
Despite recent natural disasters, places known for climate risk are becoming popular destinations for homeowners.
Credit card balances grow $48 billion in the third quarter: NY Fed
Credit card balances spiked by $154 billion year over year, notching the most significant increase since 1999, according to the New York Fed.
Credit card balances spiked by $154 billion year over year, notching the most significant increase since 1999, according to the New York Fed.
Where are mortgage rates headed amid easing inflation? Experts weigh in
Tuesday’s new report from the Labor Department showed that prices either fell or rose more slowly across a broad range of goods including housing.
Tuesday’s new report from the Labor Department showed that prices either fell or rose more slowly across a broad range of goods including housing.
US consumer inflation eased in October, driven by cheaper gas, cars and airfares
Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedeviled consumers for the past two years.
Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedeviled consumers for the past two years.
Retirement savings are getting sucked up in a financial vortex: Goldman Sachs
U.S. workers have upped their retirement savings, but competing spending continues to challenge most from reaching their goals, a recent Goldman Sachs Asset Management (GSAM) retirement report said.
U.S. workers have upped their retirement savings, but competing spending continues to challenge most from reaching their goals, a recent Goldman Sachs Asset Management (GSAM) retirement report said.
Gas prices’ steady decline might gain momentum as holidays approach: AAA
Nationwide gas prices continue to fall as demand likely remains flat. The steady decline could accelerate following recent drops in the price of oil, according to AAA.
Nationwide gas prices continue to fall as demand likely remains flat. The steady decline could accelerate following recent drops in the price of oil, according to AAA.
IRS sets new tax brackets, standard deduction for 2024
The IRS makes such adjustments annually, but in times of inflation, the increases are more significant and impactful for taxpayers.
The IRS makes such adjustments annually, but in times of inflation, the increases are more significant and impactful for taxpayers.
Retirement crisis: Great Recession takes its toll on younger Boomers
The Great Recession diminished the retirement savings potential of late Boomers, a study found. And cost adjustments to Social Security could be smaller next year.
The Great Recession diminished the retirement savings potential of late Boomers, a study found. And cost adjustments to Social Security could be smaller next year.
Auto loans much more expensive for drivers with bad credit: report
Borrowers are spending more to finance car purchases across the board, but poor credit ratings can drive the cost up by up to $12,000, a recent report by Jerry said.
Borrowers are spending more to finance car purchases across the board, but poor credit ratings can drive the cost up by up to $12,000, a recent report by Jerry said.
Rare Titanic first-class menu from ill-fated voyage heads to auction
This historic menu, which dates back to the ill-fated ship's voyage from Queenstown to New York, features dishes like spring lamb and "squab à la godard."
This historic menu, which dates back to the ill-fated ship's voyage from Queenstown to New York, features dishes like spring lamb and "squab à la godard."
Back-to-office mandates are pushing some Americans to sell homes at a loss
Back-to-office mandates are pushing many home sellers to close quickly, Redfin reported. This could open up the market to many homebuyers amid low housing availability and high home prices. Here’s what you need to know.
Back-to-office mandates are pushing many home sellers to close quickly, Redfin reported. This could open up the market to many homebuyers amid low housing availability and high home prices. Here’s what you need to know.
Issue that caused deposit delays for some Bank of America customers, resolved, Fed says
Bank of America said account information remained secure and balances would be updated as soon as the deposits were received.
Bank of America said account information remained secure and balances would be updated as soon as the deposits were received.