These salaried workers are now eligible for overtime pay
The Biden administration's new rule significantly expands overtime pay eligibility to millions of salaried workers in the U.S., setting higher income thresholds and updating salary limits every three years.
'Doom spending' instead of home buying—how young people are spending their money
Amid inflation and climate concerns, younger generations, including Gen Z and millennials, are turning to "doom spending," buying luxuries as they find homeownership increasingly unaffordable.
Gas prices crept up this week, but not by much as oil prices fell
Demand for gas is up, but oil prices are down, causing gas prices to go up by just four cents.
How often does the IRS audit?
While the IRS accepts most tax returns, there are certain mistakes to avoid that may prompt the agency to take a closer look at your documents.
Millions of homeowners don't have homeowners insurance due to high costs
Due to rising homeowners insurance cost, more and more homeowners are choosing to forgo getting insurance.
Biden announces a fresh round of $7.5 billion in student loans canceled
The latest round of cancellations targets $7.4 billion of student loans for 277,000 borrowers, the Department of Education said in a statement.
Many personal loan borrowers rely on loans for everyday expenses as cost of living grows
14.5% of borrowers use personal loans for everyday expenses as everyday costs grow.
Maryland lawmakers cracking down on third-party ticket vendors
Maryland lawmakers approved a bill last week that cracks down on predatory practices by third party ticket vendors. The bill seeks to protect consumers buying tickets on sites like Vivid Seats, StubHub and SeatGeek.
Your Social Security COLA increase could be bigger than expected next year
Social Security recipients are on track to receive a cost-of-living adjustment (COLA) next year that is bigger than previously expected after inflation accelerated for the third month in a row.
Many student loan borrowers missing opportunity to find debt relief in SAVE plan: survey
Roughly 3 in 4 borrowers who make $75,000 or less annually and would benefit from the SAVE plan are not currently enrolled in the plan, a recent Student Debt Crisis Center (SDCC) survey said.
The 25 best cities for buyers on a budget: Zillow
For buyers seeking affordability, Zillow's study shows the 25 most affordable areas throughout the country.
Unclaimed Tax Refund Deadline: IRS says you need to claim your 2020 money by this date
Now that tax day 2024 has come and gone – go to your calendar and draw a big red circle around May 17. That’s the last day to submit tax returns for unclaimed refunds for tax year 2020, which total more than $1 billion nationwide, according to the Internal Revenue Service.
What happens if I file my taxes late? IRS tips if you missed the tax deadline
Here are some tips from the IRS to help you if you missed the 2024 tax deadline.
High inflation is costing Americans an extra $1K a month
Americans are now facing an additional financial burden of $1,069 per month due to high inflation compared to three years ago.
Retired Americans with student loan debt risk garnishment of Social Security benefits
Democrat lawmakers want the Biden Administration to end the practice of Social Security garnishment to pay off outstanding student loan debt that impacts millions of older Americans.
Tax Day 2024: States with highest and lowest taxes revealed
The tax deadline is on April 15, but what you owe can vary significantly based on the state that you live in.
Credit card delinquency rates hit worst level since 2012 in new Fed data
All stages of credit card delinquency — 30, 60 and 90 days past due — rose during the fourth quarter of 2023 to the highest level since 2012, when the Fed began tracking the data.
Tax Day 2024: Can’t file by April 15? Here’s how to get an extension
Please note: Filing for an extension by April 15 is necessary to avoid potential penalties.
Mortgage rates are nearing 7 percent as inflation ticks back up: Freddie Mac
Due to inflation and rising demand, rates and housing prices are up.
1 in 3 Americans maxing out credit cards because of inflation: survey
The majority of Americans who have maxed out their credit cards said they did it because of price increases from inflation, a recent survey from Debt.com said.