FTX founder Sam-Bankman-Fried convicted of defrauding cryptocurrency customers
FTX founder Sam Bankman-Fried's spectacular rise and fall in the cryptocurrency industry - a journey that included his testimony before Congress, a Super Bowl advertisement and dreams of a future run for president - hit a new bottom Thursday when a New York jury convicted him of fraud in a scheme that cheated customers and investors of at least $10 billion.
Fed leaves rates unchanged, open to possible future hike
The Federal Reserve kept its key short-term interest rate unchanged for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahea
Education Department punishes student loan servicer for error that made 800,000 borrowers delinquent
The U.S. Department of Education said it penalized MOHELA after a billing error led over 800,000 borrowers to miss their payments in October.
A quarter of student loan borrowers said they'd boycott repayment
25% of Americans said they’ll boycott student loan payments after the pause. But defaulting on student loans can be severe even with Biden’s student loan safety net programs.
GDP surges past expectations in Q3, recession less likely
An uptick in consumer spending helped the U.S. economy grow in the third quarter and increased the odds of a soft landing.
Halloween spending will hit a new record but consumers weary of inflation's impact: report
Americans plan to spend a record $12.2 billion on Halloween this year, beating last year's blowout of $10.6 billion, according to a report by the National Retail Federation (NRF).
Most Americans say their household expenses are outpacing earnings this year, poll finds
As household expenses surpass earnings, many are concerned about their financial futures.
Fall 2023 top emerging US housing markets revealed
Realtor.com reviewed data for the largest metropolitan areas in the United States to find emerging housing markets that offer a lower cost of living and thriving economies that are not too crowded.
Debt relief scams grow as consumer debt hits record high: BBB
The Better Business Bureau has received over 11,000 complaints and almost 900 negative reviews about debt and credit assistance.
Student loan scammers arise as repayment begins
As student loan repayment begins after a federal pause, scammers are preying on borrowers seeking debt relief. But there are free and legitimate ways to lower your monthly payments or get student loan relief. Here's how.
Colorado business pays $23.5K settlement with 6,500 pounds in coins: reports
A Northern Colorado welder who agreed to settle a lawsuit filed by another welder paid the settlement amount of $23,500 that was agreed upon, in quarters, nickels, dimes and pennies, according to reports.
Here's why more Americans are choosing the risky option of driving without insurance: report
Auto insurers are passing on the rising cost of covering claims to their customers and an increasing number are deciding to forgo coverage as a result, a recent report by J.D. Powers said.
Adult kids are moving in with parents to save for homes, survey reveals
The rate on the 30-year fixed mortgage now stands at 7.63%.
What is 'coffee badging'? New trend a response to 'return-to-work'
Many employees who miss remote work are taking part in a trend called "coffee badging." So-called coffee badgers come to work, grab a coffee and leave, earning their "badge" for showing up.
Home heating prices are down a little: Here's how much you'll spend this winter
Overall winter heating prices are expected to be flat or a little cheaper than last year, but it depends on where you live and what you use to heat your home.
Credit card delinquency rates and balances are on the rise
Credit card delinquency rates and balances increased in Q2 2023 amid a high interest-rate environment. But there are many ways to pay off debt quickly.
Jeff Bezos' net worth reportedly surpasses Bernard Arnault's
Tesla CEO Elon Musk remains the richest, according to Bloomberg.
Social Security benefits to receive 3.2% pay bump next year: See how much money you could receive
See how much money you could receive from the Social Security COLA bump.
IRS to test free online tax-filing platform in 13 US states
The IRS will test drive a new online free-file tax return platform in 2024, an idea that has generated both support and criticism for years.
Social Security COLA 2024 may impact your taxes in a big way
The 2024 Social Security cost of living adjustment (COLA) increase aligns with early estimates based on inflation figures for the previous three months.