Fed minutes indicate interest rate increases may slow soon

The Federal Reserve said that reaching its target inflation rate of 2% is more important than the pace of rate hikes, signaling that it may begin to slow the pace of future interest rate increases.

DoorDash to cut 1,250 corporate jobs after COVID-19 pandemic hiring surge

Delivery company DoorDash is eliminating more than 1,200 corporate jobs, about 6% of its total workforce, saying it hired too many people when demand for its services increased during the COVID-19 pandemic.

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.