Why is Social Security running out of money?

If no action is taken, Social Security could run out of funds by 2033. Here's why, and what you can do if you need more funds.

Gen Z consumers are driving the credit industry rebound, TransUnion report finds

The youngest generation of consumers are leading the way in new credit originations, according to TransUnion. Here's how to choose the right credit card company and build better spending habits.

Financial literacy course now required for Ohio high school students

Ohio high school students will be required to pass at least one half-credit course in financial literacy in order to graduate, according to a new law.

Paid leave, immigration, tax changes added to $1.75T Biden bill

House Democrats have added paid family and medical leave, immigration law changes and a state-and-local tax break to President Joe Biden's $1.75 trillion social services and environmental bill.

Fed dialing back COVID-19 economic aid amid high inflation

In a statement Wednesday after its latest policy meeting, the Fed said it will start reducing its $120 billion in monthly bond purchases in the coming weeks, by $15 billion a month, though it reserved the right to change that pace.

Christian radio host gets 3 life prison terms for bilking listeners

A North Texas radio host was sentenced to three life prison sentences Monday for a Ponzi scheme in which he bilked elderly listeners out of millions of dollars.

DOJ sues to block Penguin Random House merger with Simon & Schuster

U.S. regulators filed an antitrust lawsuit seeking to block a proposed merger of publishing giants Penguin Random House and Simon & Schuster.

Oprah's Favorite Things 2021 list revealed for holiday season

Oprah Winfrey’s annual holiday gift list features items from Ciara, Jessica Alba, Chef Eric Ziebold and more.

This is the college degree that actually pays off, study finds

A new report from the Wall Street Journal found the graduate degree that's most likely to pay off in the form of higher earnings.

Los Angeles, Long Beach ports will issue fines for backlogged cargo

The Los Angeles-Long Beach port complex will start issuing fines to shipping companies if they let cargo containers stack up as the nation’s busiest twin harbors deal with an unprecedented backlog of vessels.

Consumers will spend $10 billion on Halloween this year
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Dan Roccato, Credible.com personal finance expert, joins Good Day Philadelphia to discuss the latest in business headlines.

FHFA to permanently allow desktop appraisals: How can it make the mortgage process easier?

The FHFA made desktop appraisals, a hybrid appraisal tool that allows appraisers to perform a valuation without physically visiting the home, permanent. Here's how that benefits borrowers.