House passes $78 billion tax bill expanding the child tax credit, its fate in the Senate remains to be seen
The child tax deduction expansion would make more of the credit refundable, helping millions of families.
US buys more from Mexico than China; 1st time in over 2 decades
U.S.-China relations have deteriorated in recent years, thus leading a way for Mexico to take China’s place as a leading importer for U.S. commerce.
2023 was the hottest year on record, driving up utility costs and homeowners insurance prices
Inflation and climate change lend to higher homeowners insurance rates, causing some homeowners to consider moving.
This is the #1 city for first-time homebuyers, and other hot US housing markets
After Toledo, Rochester, NY, Springfield, MA and Worcester all rank as some of the more affordable metro areas, particularly for first-time buyers.
FAFSA inflation fix scheduled for mid-March, delays award notification until spring
The Department of Education said an inflation fix to FAFSA won’t come until mid-March, further delaying financial aid award notifications.
12 states qualify for the IRS Direct File pilot program: Is yours one of them?
On top of a new IRS tax filing system, an adjustment to the child tax credit may qualify families for higher credits.
Social inflation causing insurance rates to jump, no end in sight for rising premiums in 2024
Insurance rates are rising for customers as insurers struggle to deal with claim payouts.
These 5 cities have the largest inflation problem: survey
Buyers are more optimistic about homebuying as average monthly mortgage payments drop to their lowest level in years.
Homeowners’ monthly mortgage payments dropped to lowest rate in years
Buyers are more optimistic about homebuying as average monthly mortgage payments drop to their lowest level in years.
Department of Education delays FAFSA info release to schools until March
The Department of Education says schools won't receive any FAFSA applicant information until March.
U.S. heads toward slow recovery with 353,000 jobs added in January
Employment grew by 353,000 in January while unemployment stayed at 3.7%.
Gas prices increase in synch with oil costs and growing demand
A spike in demand as winter weather thawed and higher oil prices pushed gas prices up this week.
Borrowers meet challenges as student loans resume and servicers struggle to handle new payments
The Biden-Harris administration is withholding payments from services characterized by long wait times and inaccurate loan bills.
Some Target workers fired after buying Stanley cups: report
Target has a rule about employees capitalizing on their position to get the sought-after cups.
Trump-era tax cuts poised to expire soon, meaning you could face steeper taxes
The expiration of the Tax Cuts and Jobs Act on Dec. 31, 2025, will essentially mean that many Americans will be forced to pay anywhere between 1% to 4% more in taxes unless certain provisions are extended or made permanent.
Fed holds steady on interest rates, but outlook on when cuts will come remains cloudy
The Federal Reserve held the federal funds rate at a 22-year high of 5.25% to 5.5% at its January meeting on Wednesday.
Hulu begins password-sharing crackdown: Here's what to know
Hulu said the terms will become effective next month.
US home prices hit a new record high in November
US home prices rise again in November as inventory shortage persists
Many consumers carrying a credit balance know it's a bad idea: survey
Americans know better than to carry a balance, but many struggle with growing credit card debt, a recent survey said.
Home prices in some cities trended down in November: Case-Shiller
Home prices were generally on the rise in 2023, but declined slightly in November.