Legislative bill seeks to make expanded child tax credit permanent

House Democrats recently introduced the American Family Act of 2023, legislation that seeks to restore the expanded, monthly Child Tax Credit to parents across the U.S.

CFPB warns about side effects of using medical credit cards, loans

Alternative debt financing products like medical credit cards and medical installment loans can weaken consumers' financial well-being, the CFPB warned in a recent report.

Student loan payments will resume in October, Education Department confirms

Federal student loan payments are set to resume in October, while interest on loan debt will begin once again in September, the Education Department clarified.

Gas prices hold steady despite surge in demand for domestic gasoline: AAA

Gas prices decreased slightly for the week ending June 8, AAA said. Despite an increase in gasoline demand, fluctuating oil prices have limited increases at the pump.

More college students are putting their education on hold: reports

The population of Some College, No Credential (SCNC) students has increased and many cited college costs as major challenges, according to recent studies. Here’s what you need to know.

Congress votes to kill Biden's student loan forgiveness plan

Congress passed Republican-sponsored legislation proposing to revoke President Joe Biden's cancellation plan and prevent the U.S. Department of Education from canceling student loans.

Gas prices stay neutral to kick off summer, but there's a chance for a decrease in the forecast: AAA

The national average cost for a gallon stayed steady at $3.57, as demand for gas and oil prices fell, even as more than 37 million Americans drove to their holiday destinations on the holiday weekend, AAA said.

Job growth keeps Fed's eye on future interest rate hikes

Job growth held steady with an addition of 339,000 jobs in May, according to the latest Bureau of Labor Statistics (BLS) data. But a strong labor market could mean the Fed will keep raising interest rates, experts said.

Mortgage rates rise as debt limit impasse lingers: Freddie Mac

The average rate for a 30-year fixed-rate mortgage increased to 6.57% for the week ending May 25, according to Freddie Mac's Primary Mortgage Market Survey.