Holiday shopping expected to reach over $1 trillion as inflation surges
Holiday shopping is expected to increase by 7% to nearly $1.3 trillion, a new forecast says. Here’s how to stay on track with your finances this holiday season.
Inflation won't slow holiday shopping for many consumers, survey says
Rising costs have led many consumers to cut their expenses to make room for holiday spending in 2022, a recent survey said.
Biden administration extends student loan payment pause into 2023
The Biden administration’s federal student loan payment pause has been extended through June 30, 2023. Here’s what to do if you don’t qualify for relief.
Student loan defaults could rise to historic high without debt relief: Education Department
Student loan defaults could reach a new high without President Biden’s student loan forgiveness plan, according to an Education Department official.
Inflation pushes some Americans to skip Thanksgiving dinner this year: survey
Inflation and an uncertain economy have caused some Americans to skip Thanksgiving dinner this year, a recent survey said.
Biden’s student loan forgiveness: A timeline of legal challenges facing the plan
Here’s a timeline of the legal challenges facing President Joe Biden’s student loan debt forgiveness plan, from the first lawsuit to the Nov. 14 injunction.
GM's newest business? Repairing Teslas
General Motors President Mark Reuss says the company's dealers are working on its rival's models.
Personal loan interest rates edge up for both 3- and 5-year fixed-rate loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Digital mortgages to enter a new, faster (and cheaper) era in year ahead
As the housing market slows, lenders will look to use more time investing in technology and making mortgages faster, easier and cheaper, according to one mortgage expert.
18% of Disney park goers rack up debt, but most have no regrets, survey reveals
Inflation is on the rise, and Mickey’s friends are feeling it too.
Household debt surpasses $16.5T in Q3 amid inflation, rising demand: NY Fed report
Total household debt increased by more than $300 billion across credit cards, mortgages and more in the second quarter of 2022, according to the latest New York Fed report. Here's what you can do if you're struggling with debt.
Judge extends federal student loan forgiveness block
A federal appeals court extended its block on President Biden's student loan forgiveness plan. Here's what that means for you.
Rail strike could close plants, upend economy, chemicals industry warns
It’s looking increasingly likely that Congress will have to step in to settle a dispute between railroads and unions because the economic stakes are so high.
Caterpillar fined $145K after worker falls into pot of molten iron, OSHA says
The employee fell into an 11-foot-deep pot of molten iron heated to more than 2,000 degrees Fahrenheit and was "immediately incinerated," OSHA said.
Tyson CFO apologizes for drunken arrest on earnings call
Tyson Foods Chief Financial Officer John Tyson was arrested in the early hours of Nov. 6 after police say they discovered him asleep in a stranger's home.
FedEx to furlough drivers just as Christmas season begins
The FedEx Freight furloughs will last around three months. During this time, workers will still receive health benefits and may file for unemployment.
After FTX bankruptcy, Binance proposing fund to save crypto from future failures
The proposal is an effort to stave off the cascading effects of last week's implosion of FTX, the world's third-largest crypto exchange.
FTX bankruptcy filing: What's happening at the crypto exchange?
FTX is struggling to account for money that went missing hours after it filed for bankruptcy. Billions of dollars are unaccounted for right now.
Disney announces upcoming layoffs, hiring freeze in internal memo: reports
CEO Bob Chapek said the Walt Disney Co. would be forced to make "tough and uncomfortable decisions."
Texas federal judge blocks Biden's student loan forgiveness
Biden’s student loan relief program has been struck down by a judge in Texas. Here’s what to do to lower your monthly payments today.