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Money

News related to money, savings and the economy.

Back-to-school shopping expenses to reach record high: survey

Back-to-school shopping expenses to reach record high: survey

Back-to-school spending in 2023 could reach a record high of more than $40 billion, largely due to demand in electronics, a survey reported. At the same time, Americans continue dealing with high inflation.

September 5, 2023 3:33pm EDT
Student loan repayments will be starting again soon: Here's how to get it done

Student loan repayments will be starting again soon: Here's how to get it done

Student loan repayments begin again soon. Here are tips on how to get it done using organizational skills, spending strategies and payback implementation, according to money pros.

September 4, 2023 3:10pm EDT
Fidelity reveals how much money you need to retire for the lifestyle 'you're hoping for'

Fidelity reveals how much money you need to retire for the lifestyle 'you're hoping for'

Fidelity gives guidance to 'encourage people to save for retirement.'

September 4, 2023 1:51pm EDT
Jimmy Buffett was the 'life of the party,' but he was also an astute businessman

Jimmy Buffett was the 'life of the party,' but he was also an astute businessman

Behind Jimmy Buffett's laid-back exterior was an admitted workaholic. In 2016, he had a net worth of $550 million.

September 2, 2023 9:11am EDT
More than half of Americans live paycheck to paycheck, survey says

More than half of Americans live paycheck to paycheck, survey says

Gen Z consumers who were living paycheck to paycheck cited nonessential spending as a reason behind their financial hardships.

September 1, 2023 6:27pm EDT
Student loan interest is accruing again: What to know before payments start in October

Student loan interest is accruing again: What to know before payments start in October

Although the Biden administration's student loan forgiveness plan was struck down, there are new options that aim to save borrowers money.

September 1, 2023 2:45pm EDT
Mortgage rates take a dip ahead of Labor Day weekend: Freddie Mac

Mortgage rates take a dip ahead of Labor Day weekend: Freddie Mac

Mortgage rates declined this week, but remain elevated, Freddie Mac reported. But the direction of mortgage rates remains uncertain ahead of the Fed’s next meeting, where the central bank could raise interest rates again.

September 1, 2023 2:34pm EDT
Looking for today’s biggest mortgage rate savings? Try 15-year terms | August 31, 2023

Looking for today’s biggest mortgage rate savings? Try 15-year terms | August 31, 2023

Check out the mortgage rates for August 31, 2023, which are mixed from yesterday.

August 31, 2023 2:21pm EDT
Rash of house, car eggings has Lower Makefield residents upset
video

Rash of house, car eggings has Lower Makefield residents upset

It may seem like a small prank, but it comes at a pretty big cost for people in Bucks County, after their homes and cars were egged.

August 30, 2023 10:19pm EDT
Americans consider using credit cards to afford student loan payments: survey

Americans consider using credit cards to afford student loan payments: survey

Many Americans who used the pause on student loan payments to reduce debt may now have to reverse course, according to a recent Empower survey.

August 30, 2023 3:26pm EDT
Today’s lowest mortgage rates? Consider today's shorter terms | August 30, 2023

Today’s lowest mortgage rates? Consider today's shorter terms | August 30, 2023

Check out the mortgage rates for August 30, 2023, which are mixed from yesterday.

August 30, 2023 3:15pm EDT
Farmers Insurance to layoff 2,400 staff across entire business

Farmers Insurance to layoff 2,400 staff across entire business

The employees getting laid off represent about 11% of the insurance provider's staff.

August 30, 2023 2:04pm EDT
A man is arrested months after finding a bag full of $5,000 in cash in a parking lot

A man is arrested months after finding a bag full of $5,000 in cash in a parking lot

Robert Withington says it felt like he won the lottery when he discovered a bag with nearly $5,000 in cash lying in a parking lot. So, he decided to keep it. Here's what happened next.

August 30, 2023 12:50pm EDT
Farmers Insurance reducing staff by 2,400 in layoffs

Farmers Insurance reducing staff by 2,400 in layoffs

Farmers Insurance has revealed it will shed numerous employees through layoffs. 

August 29, 2023 6:18pm EDT
Home affordability is the worst it has been in nearly 40 years, study shows

Home affordability is the worst it has been in nearly 40 years, study shows

U.S. home prices recently faced their sharpest rise since November.

August 29, 2023 5:54pm EDT
IRS announces changes impacting catch-up contributions

IRS announces changes impacting catch-up contributions

Eligible Americans saving for retirement can continue catch-up contributions on a pretax basis through 2025.

August 29, 2023 11:10am EDT
Popular summer vacation destinations across US see uptick in vacancies

Popular summer vacation destinations across US see uptick in vacancies

Vacation hotspots across the country saw vacancy rates as high as 20% this summer

August 28, 2023 8:17pm EDT
Home prices will rise in 2023 as affordability crisis worsens, Goldman says

Home prices will rise in 2023 as affordability crisis worsens, Goldman says

Goldman Sachs projects home prices to climb by 1.8% this year amid housing shortage

August 28, 2023 8:14pm EDT
American Airlines slapped with record-breaking $4.1M penalty for stranding passengers on delayed flights

American Airlines slapped with record-breaking $4.1M penalty for stranding passengers on delayed flights

The federal government is fining American Airlines $4.1 million for dozens of instances in which passengers were kept on board planes without a chance to exit during long ground delays.

August 28, 2023 1:45pm EDT
Federal Reserve signals potential interest rate hikes to sustain strong US economy

Federal Reserve signals potential interest rate hikes to sustain strong US economy

The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said.

August 26, 2023 10:09am EDT
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Police searching for new information in 2024 murder of 22-year-old woman in Philadelphia

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Teen's heartfelt donation supports CHOP's allergy food pantry

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Lower Gwynedd principal faces termination over antisemitic voicemail

Lower Gwynedd principal faces termination over antisemitic voicemail

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