More Americans to qualify for Social Security under new SNAP rule
The Social Security Administration has expanded the definition of a public assistance household to include SNAP recipients, broadening eligibility and potentially increasing benefits for more Americans.
Social Security fund gains extra year of solvency – benefits will begin to be reduced in 2035
Social Security trust funds will not run out of money until 2035, at which point Seniors can expect their benefits to be reduced by 17% unless Congress takes steps to shore up the program.
Slaughterhouse cleaning company fined $649K for child workers, some as young as 13
Federal investigations found 24 children, some as young as 13, doing “dangerous" work at slaughtering and meat packing facilities in Iowa and Virginia.
Nearly half of all homeowners concerned weather-related events will raise their homeowners insurance rates
Weather-related events in states like Texas, Colorado and Arizona are causing double-digit rate hikes for homeowners.
Visa and Mastercard lawsuit: Businesses urged to claim their share in $5.5B settlement
A $5.5 billion antitrust settlement with Visa and Mastercard offers potential payouts to businesses who accepted their cards between 2004 and 2019.
There are now 550 US cities where the typical home value is $1 million or more
California and New York have the largest share of million-dollar homes, making up most of the 550 cities with high home values.
Mortgage rates push higher with no relief in sight: Freddie Mac
The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.
More homebuyers are paying discount points as interest rates continue to rise
Borrowers with lower credit scores and FHA loans often turn to discount points more frequently than other groups.
The unemployment rate barely rose, but only 175,000 jobs were added in April
The unemployment rate barely budged, rising to 3.9% while just 175,000 jobs were added.
Americans paid slightly more for fuel this week as gas prices rose by a few cents, on average
Fuel costs didn't go up by much this week due to low oil prices and a lull in demand.
Art Institutes borrowers to get student debt cancellation, Biden says
The president and Education Secretary Miguel Cardona described the Art Institutes as "predatory" and said the new handouts would help students who were victims of their actions.
What do higher-for-longer interest rates mean for your money?
Americans will be forced to adapt to a new normal where savers benefit from higher rates, but borrowers face steeper debt payments on everything from credit cards to mortgages to student loans.
Americans adjust retirement goals up 15 percent but savings drop: survey
U.S. adults believe they will need at least $1.46 million to retire in style, a Northwestern Mutual survey said.
Consumers see higher auto payments in exchange for better borrowing rates
Car loan terms have shortened as buyers with better credit seek cheaper rates for higher monthly payments, a recent Experian report said.
DC area millennials have the highest student loan debt in the US
Millennials who live in Washington D.C. or Maryland have the highest average school debt per person in the U.S.
Father-daughter ironworker duo champion the rise of vocational learning
Vocational enrollment is up among younger Americans, and one nurse-turned-union ironworker thinks it's a good opportunity for students to secure their futures.
Biden's new student loan forgiveness plan would cost an extra $84 billion: report
Biden has proposed a plan B student loan forgiveness proposal that would cost taxpayers an extra $84 billion, a recent Penn Wharton analysis said.
Many Americans spend more than 30 percent of their take-home pay on a mortgage: survey
Homebuyers ready to take the plunge in today's housing market have had to sink a bigger portion of their paychecks into mortgage payments and make significant cuts to everyday spending, a recent survey said.
Baltimore liquor store sells $2M lottery scratch-off winner
A Baltimore liquor store sold a $2 million winning lottery scratch-off ticket to a man who stopped by while driving through the area for work.
How much money it takes to be 'rich' in America for 2024
A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.