Mortgage payments rise in October amid high mortgage rates: MBA

The national median monthly mortgage payment increased in October, according to a report from the Mortgage Bankers Association (MBA).

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.

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.

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.

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.

Elizabeth Holmes sentenced to 11 years in federal prison

Former Theranos CEO Elizabeth Holmes was sentenced to 11.25 years in federal prison Friday and three years of supervised release, a federal judge decided.

Americans shopping for auto insurance to save money, TransUnion report

While auto insurance shopping is down overall, more Americans are looking for new insurance in order to reduce costs, rather than as a result of a car purchase, TransUnion’s report showed.

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.