America's top 1% has total net worth of $44 trillion
Recent Federal Reserve data reveals that America's wealthiest 1%, with assets exceeding $11 million, amassed a record $44.6 trillion in wealth by the end of the fourth quarter of 2023, with fluctuations observed based on geographical location.
Social Security Administration announces new measures to deal with overpayments
Major changes to how the Social Security Administration handles overpayments were announced recently
Republican states file suit to stop Biden's SAVE student loan repayment plan
The Kansas-led lawsuit seeks to halt the SAVE plan immediately, arguing that the U.S. Department of Education has no authority to alter student loan repayment plans, essentially canceling more than $156 million in student loan debt.
3 in 4 Americans think tipping has gotten out of control, survey finds
Most Americans are getting tired of tipping and admit they only do it because they feel like they have to, according to a recent survey by WalletHub.
Minimum wage vs. tipped wage: State-by-state comparison
Most fast food workers in California are set to be paid a minimum of $20 per hour under a new law that starts Monday. Here is a look at how that compares to other minimum wages across the country.
Final fourth quarter GDP revised upwards as consumer spending rises
The final estimate for real gross domestic product (GDP) in the fourth quarter of 2023 was revised upwards, showing that the U.S. economy grew.
High homeowners insurance rates scaring away Florida homebuyers, other states face the same issue
Florida has the highest homeowners insurance rates in the country, closely followed by Oklahoma, Mississippi and Texas.
January home prices show steady annual gain, but month-to-month comparison tells another tale: Case-Shiller
Home prices nationwide now stand 6% above their level this time last year and up from a 5.6% rise last month, according to the latest S&P CoreLogic Case-Shiller Indices report.
Biden cancels another $6 billion in student loans, this time for public service workers
Workers like nurses and teachers are getting forgiveness through fixes to the Public Service Loan Forgiveness program.
Some student loan borrowers are getting refunds on top of loan forgiveness, here’s who qualifies
Borrowers enrolled in forgiveness programs that have paid for longer than necessary qualify for refunds.
Home listings are rising, but buyers aren’t buying due to high interest rates
Homeowners are eager to sell, despite make less in profits than they did in 2022.
Consumers spend more than $1 trillion on interest payments, largely due to increasing credit card debt
Consumers paid over $1 trillion in interest payments, most of which when toward high-interest credit card debt.
IRS has 940,000 unclaimed tax refunds from 2020 that will expire soon
The IRS is warning taxpayers that they may be leaving more than $1 billion on the table.
Fed said interest rates will be reduced this year, just not now
On Wednesday, the Federal Reserve announced that it would maintain the federal funds rate at a range of 5.25% to 5.5%.
FHA raises loan limits for manufactured housing for the first time in 15 years
HUD has raised the loan limits for manufactured housing to align with prices today.
Biden cancels student loans for 78,000 more public workers
Another 78,000 Americans are getting their federal student loans canceled.
Here's why paid loyalty programs are all the rage at stores and restaurants
Looking for reliable sales in an unpredictable spending environment, more companies have extended their points-based loyalty tiers to making their most dependable customers feel valued for an up-front fee.
Still need to pay taxes? Here are some last-minute tips
The tax filing deadline is quickly approaching. The IRS has some last-minute tips to get this year’s taxes done accurately and refunds issued timely.
Car insurance costs to keep rising in 2024 – pay less in these US states
Drivers will get no relief from car insurance costs this year and will have more limited shopping options as providers stop writing new policies in some states, a recent report from the Zebra said.
Credit scores decreased for first time in a decade as borrowers miss payments
Missed payments and high levels of inflation has led to lower credit scores for consumers.