This Social Security statement change could simplify your retirement planning

The Social Security Administration will be sending out newly redesigned statements that helps Americans better understand and maximize their benefits.

Used car prices are on the rise
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Dan Roccato, Credible.com personal finance expert, joins Good Day Philadelphia to discuss the latest in business headlines.

US inflation: Economists explain why consumer prices are rising

For months, many economists had sounded a reassuring message that a spike in consumer prices, something that had been missing in action in the U.S. for a generation, wouldn’t stay long.

Santa Claus may not be coming to town this year amid hired Santa shortage

There are an estimated 10-15% fewer Santa Clauses this year compared to last year due to COVID-19 and many Santas retiring, according to Mitch Allen, head elf at Hire Santa.

Pa. woman sues over slot game payout; 13 others make same claim

A Pennsylvania woman is suing the manufacturer of a popular online slots game, claiming it wrongly refused to pay her a $100,000 jackpot due to “a bug” in the product.

How to decide if you need flood insurance for your home

Do you own or rent a home in an area with elevated flood risk? Here's how to decide if you need to take out a separate flood policy.

US hospitals ask for donations of gently used crutches, canes, walkers amid shortage

An aluminum shortage is hitting hospitals across the U.S. hard, limiting the number of much-needed crutches, canes, walkers and even wheelchairs that they can provide to patients.

Fed to begin tapering its assets, economists say it will send interest rates higher

The Federal Reserve announced after its November meeting that it will begin tapering its economic stimulus. Here's what that could mean for interest rates.

Student loan forgiveness memo: Expert says Biden has authority to cancel student debt

The White House recently released a memo about canceling debt for federal student borrowers, but the text was heavily redacted. Here's what one expert thinks that means.

US consumer prices jumped 6.2% in past year, highest inflation rate since 1990

Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.