Debt ceiling: No agreement yet, but Biden, McCarthy say they're optimistic after meeting
President Joe Biden and House Speaker Kevin McCarthy say they and their lead negotiators have had a productive meeting at the White House on the impasse over the government's debt ceiling.
President Joe Biden and House Speaker Kevin McCarthy say they and their lead negotiators have had a productive meeting at the White House on the impasse over the government's debt ceiling.
America's debt hits new record of more than $17 trillion: NY Fed
Consumer debt reached a record of $17.05 trillion in Q1 2023. Many Americans still deal with high inflation and are seeking help from their financial institutions, reports say.
Consumer debt reached a record of $17.05 trillion in Q1 2023. Many Americans still deal with high inflation and are seeking help from their financial institutions, reports say.
Venmo for teens: Social payment app officially available for those 13 and up
Although many already use it, teens are now officially allowed to open a Venmo account with their parent's permission.
Although many already use it, teens are now officially allowed to open a Venmo account with their parent's permission.
Debt ceiling explained: Why it's a struggle, how the impasse could end
Negotiations are continuing over raising the nation's debt ceiling and mere days before the government could reach a “hard deadline” and run out of cash to pay its bills.
Negotiations are continuing over raising the nation's debt ceiling and mere days before the government could reach a “hard deadline” and run out of cash to pay its bills.
Government forcing Navy retirees to pay back up to $70K after system glitch
Navy retirees could owe anywhere from $35 to $75,000 as a result of the system glitch.
Navy retirees could owe anywhere from $35 to $75,000 as a result of the system glitch.
Here's why a government default may be worse than a government shutdown
All the hand-wringing over a potential government default if Congress doesn’t increase the national debt limit has conjured up images of past government shutdowns.
All the hand-wringing over a potential government default if Congress doesn’t increase the national debt limit has conjured up images of past government shutdowns.
Most affordable beach towns of 2023 revealed — and some are not where you'd think
With many people seeking the nearest beach to enjoy for a couple of days, people are also looking closely at the price tag that comes with those destinations.
With many people seeking the nearest beach to enjoy for a couple of days, people are also looking closely at the price tag that comes with those destinations.
These are the most debt-ridden cities in the US, according to study
The average non-mortgage debt across the 50 largest U.S. metros is $39,713, which includes auto loans, student loans and credit cards, a LendingTree study found.
The average non-mortgage debt across the 50 largest U.S. metros is $39,713, which includes auto loans, student loans and credit cards, a LendingTree study found.
Many Americans eye buy now, pay later to gain more financial flexibility: Survey
Nearly half of Americans (46%) said they would also consider BNPL an alternative financing method to credit cards or cash, according to a recent survey.
Nearly half of Americans (46%) said they would also consider BNPL an alternative financing method to credit cards or cash, according to a recent survey.
Debt ceiling: Biden 'confident' there will be no default
Negotiators are racing to beat a deadline of June 1, which is when the Treasury Dept. said the U.S. could begin defaulting on its debts for the first time in history and risk financial catastrophe.
Negotiators are racing to beat a deadline of June 1, which is when the Treasury Dept. said the U.S. could begin defaulting on its debts for the first time in history and risk financial catastrophe.
Texas parents charge 19-year-old daughter rent; reveal criticism and support
People are sounding off on TikTok as parents charging their children rent has become a topic of discussion. Check out how one family navigated their adult daughter living at home.
People are sounding off on TikTok as parents charging their children rent has become a topic of discussion. Check out how one family navigated their adult daughter living at home.
Debt ceiling: Biden cuts short upcoming trip; McCarthy says deal possibly by end of week
The U.S. Treasury is warning that the U.S. could run out of cash to keep paying the nation’s bills as soon as June 1 if there is no agreement.
The U.S. Treasury is warning that the U.S. could run out of cash to keep paying the nation’s bills as soon as June 1 if there is no agreement.
Biden administration approves $42B in student loan forgiveness under updated PSLF program
The Department of Education has approved $42 billion in student loan forgiveness through recent changes to the PSLF program, designed to provide debt relief to borrowers in the non-profit, public service and governmental fields.
The Department of Education has approved $42 billion in student loan forgiveness through recent changes to the PSLF program, designed to provide debt relief to borrowers in the non-profit, public service and governmental fields.
Biden likely to resume debt limit talks on Tuesday
The nation continues to edge closer to its legal borrowing authority with no agreement in sight. The Treasury Department has said the government could exhaust the ability to pay its bills as early as June 1.
The nation continues to edge closer to its legal borrowing authority with no agreement in sight. The Treasury Department has said the government could exhaust the ability to pay its bills as early as June 1.
Cashing In: Facebook class action settlement
Are you eligible for some compensation in the most recent Facebook class action settlement? Financial expert Dan Roccato breaks it all down on FOX 29.
Are you eligible for some compensation in the most recent Facebook class action settlement? Financial expert Dan Roccato breaks it all down on FOX 29.
Federal student loan repayments to restart, education secretary confirms
'We're preparing our borrowers to restart" federal student loan repayments, Education Secretary Miguel Cardona says.
'We're preparing our borrowers to restart" federal student loan repayments, Education Secretary Miguel Cardona says.
Mortgage rates dip on positive inflation data: Freddie Mac
The average rate for a 30-year fixed-rate mortgage dropped to 6.35% for the week ending May 11, according to Freddie Mac's Primary Mortgage Market Survey.
The average rate for a 30-year fixed-rate mortgage dropped to 6.35% for the week ending May 11, according to Freddie Mac's Primary Mortgage Market Survey.
Gas prices decrease amid market uncertainty: AAA
Average gas prices dipped to $3.53 per gallon for the week ending May 11, 2023, AAA reported. The low cost of oil has kept gas prices on the decline despite a rise in gas demand, AAA said.
Average gas prices dipped to $3.53 per gallon for the week ending May 11, 2023, AAA reported. The low cost of oil has kept gas prices on the decline despite a rise in gas demand, AAA said.
Today's best mortgage deal? 15-year terms at lowest rate since last week | May 12, 2023
Check out mortgage rates for May 12, 2023, which are trending down from yesterday.
Check out mortgage rates for May 12, 2023, which are trending down from yesterday.
Family paid $250,000 after cashing in bonds left tattered by Hurricane Katrina
A man kept the bonds in a bank vault that was flooded during Katrina. He put the damaged paper in his attic, where they were found by his his family after he died.
A man kept the bonds in a bank vault that was flooded during Katrina. He put the damaged paper in his attic, where they were found by his his family after he died.