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.
Gas prices rise as spring season approaches: AAA
Although demand is down, gas prices are still rising due to an increase in oil prices.
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.
Virginia arena deal looks grim after legislature passes budget deal that doesn’t include funds
The next few weeks will be telling about the true fate of a sports arena in Virginia. Publicly, prospects for an arena deal look grim after the legislature passed a budget that doesn’t include money to facilitate an arena move.
Linda Bean, granddaughter of retailer LL Bean and GOP activist, dies at 82
Linda L. Bean, a granddaughter of famed outdoor retailer L.L. Bean, as well as a philanthropist, entrepreneur, and GOP activist, has died.
Target doubles employee bonuses after strong profits
Target said the increase only applies to salaried employees.
Bowser rolls out $500K retail grant program to rescue DC businesses
As some businesses across the D.C. region are struggling to keep their doors open, citing various reasons including crime and inflation, the District wants to support local retailers with almost half a million dollars.
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.
Reddit goes public: Why now?
Reddit is now public, with shares traded Thursday on the New York Stock Exchange under the ticker symbol "RDDT."
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.
Cost of living makes retirement savings harder for younger generations, survey finds
Respondents across generations highlighted inflation, consumer debt, and the need for emergency savings as major obstacles to retirement savings.
Here are the major retailers closing US stores in 2024
Many major retailers are closing stores this year across the United States as companies look to streamline their operations and cut costs.
Unilever to cut 7,500 jobs and split off ice cream division, including Ben & Jerry's
Unilever, the giant company behind Ben & Jerry’s, Dove soaps, and Hellman’s mayonnaise, said it’s spinning off its ice cream business to try and reduce costs.
Gen Z movers are heading to warmer climates, willing to pay higher housing costs: Zillow
Even though California has high rent costs, Gen Z is seeking out major cities, but some choose low-cost areas in Florida.
Joann, the fabrics and crafts chain, files for bankruptcy
Joann, the iconic fabrics and crafts retailer, has filed for bankruptcy protection but plans to keep its stores and website open as it refinances.