Federal Reserve opts to keep interest rates steady for 6 month in a row
The Federal Reserve has decided to keep interest rates steady for a sixth time in a row, raising questions on what that means for the average American.
Here’s how many different grocery stores Americans visit per week, and what they buy
How many different grocery stores do Americans visit for their weekly haul? A recent consumer survey found the answer, as well as how much they spend, what they buy, and more.
Interest rates not changing until inflation cools, Federal Reserve says
The Federal Reserve announced its decision to maintain its key interest rate at a two-decade high of roughly 5.3% amid ongoing concerns about high inflation.
Peacock is getting a subscription price increase. Here's what it means for consumers
The streaming platform’s new price hike will happen this summer, marking the second time in a year the subscription cost is going up.
Credit card hacks to help you manage your finances
Consumer reporter Steve Noviello breaks down several credit card hacks that you may not have known about.
How often should you go to the grocery store and how much to spend?
Research shows consumers are spending an average of $174 per grocery store visit in 2024, leading to more deliberate and less frequent shopping trips.
Mother's Day 2024: near-record spending of $33.5 billion expected
According to the latest annual consumer survey by the National Retail Federation (NRF), Mother's Day spending is projected to hit $33.5 billion this year.
Biden's new student loan forgiveness plan would cost an extra $84 billion: report
Biden has proposed a plan B student loan forgiveness proposal that would cost taxpayers an extra $84 billion, a recent Penn Wharton analysis said.
As Affordable Connectivity Program dries up, internet will get pricier for millions
April is the last fully funded month of the Affordable Connectivity Program that provides discounts on internet access for millions of Americans.
How to break bad spending habits
Overconsumption is rampant on social media, causing consumers to develop poor spending habits. Consumer finance expert Andrea Woroch identifies bad habits that may be wasting your money and explains how to stop them.
These states have the highest student loan debt among millennials
The data found that states on the East Coast had the highest average student loan debt.
81% of millennials say they can't afford a midlife crisis
Are millennials a generation in crisis? A majority said that type of crisis is a luxury they can’t afford.
Student loan forgiveness: Some may qualify but need to take action by April 30
Seeking student loan forgiveness? Some borrowers who consolidate their loans could qualify, but there’s a key deadline approaching.
Gold pocket watch recovered from Titanic’s wealthiest passenger sells for nearly $1.5M
A gold pocket watch worn by the richest passenger aboard the Titanic when the ill-fated ocean liner sank was sold at auction on Saturday for a record-breaking sum of nearly $1.5 million.
How much money it takes to be 'rich' in America for 2024
A recent GOBankingRates study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.
One third of U.S. doesn't know how to handle their finances
Dan Roccato, finance professor at the University of San Diego, breaks down the basics of handling your finances.
Biden's new airline rules could get you cash back for canceled flights
The new rules aim to save consumers half a billion dollars a year in junk air travel fees, the White House said.
Your $1 and $2 bills could be worth thousands: What to look for
These very rare $1 and $2 bills could be worth a lot more than face value. Here's how to spot bills that are worth hanging onto.
These salaried workers are now eligible for overtime pay
The Biden administration's new rule significantly expands overtime pay eligibility to millions of salaried workers in the U.S., setting higher income thresholds and updating salary limits every three years.
Potential TikTok ban, $95B foreign aid bill approved by Senate
The Senate approved Tuesday $95 billion in war aid to Ukraine, Israel and Taiwan.