Q1 GDP revised down on lackluster consumer spending
Real GDP increased at an annual rate of 1.3% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate.
Real GDP increased at an annual rate of 1.3% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate.
Home prices not budging, hit new high in March: Case-Shiller
Home prices are now 6.5% above their level this time last year, reaching their ninth all-time high within the past year, according to S&P CoreLogic Case-Shiller.
Home prices are now 6.5% above their level this time last year, reaching their ninth all-time high within the past year, according to S&P CoreLogic Case-Shiller.
Social Security has a 'billionaire problem,' advocate warns
Social Security benefits will be cut significantly in 2035 without a fix. Here's what advocates say we can do to prevent that.
Social Security benefits will be cut significantly in 2035 without a fix. Here's what advocates say we can do to prevent that.
Home insurance rates have surged nearly 40% since 2019 – but they're rising fastest in these states
Rising home insurance premiums are the latest squeeze on homeownership.
Rising home insurance premiums are the latest squeeze on homeownership.
This is the staggering amount homeowners spend on costs besides their mortgage
Some 28% of homeowners said they've considered going back to renting.
Some 28% of homeowners said they've considered going back to renting.
McDonald's menu hikes: McDouble up 168%, McChicken 200% in 10 years
McDonald's customers are shocked by nearly tripled prices over the past decade, with the McDouble up 168% and the McChicken Sandwich up 199%, driven by higher food, labor, and operational costs.
McDonald's customers are shocked by nearly tripled prices over the past decade, with the McDouble up 168% and the McChicken Sandwich up 199%, driven by higher food, labor, and operational costs.
15 million Americans still harmed by medical debt despite credit agencies' changes
The CFPB said some 15 million Americans are still struggling with more than $49 billion in outstanding medical bills in collections on their credit reports.
The CFPB said some 15 million Americans are still struggling with more than $49 billion in outstanding medical bills in collections on their credit reports.
A large percentage of first-generation students have been impacted by FAFSA challenges
FAFSA issues have caused minority students to delay attending college and have led to severe stress and anxiety for other prospective students.
FAFSA issues have caused minority students to delay attending college and have led to severe stress and anxiety for other prospective students.
Texas judge stops Biden Administration rule that caps credit card late fees at $8
The Biden Administration is trying to stop junk fees, but a judge put a stop to a rule capping credit card late fees at $8.
The Biden Administration is trying to stop junk fees, but a judge put a stop to a rule capping credit card late fees at $8.
Social Security check may be bigger next year. Here's why
Social Security COLA estimate rises amid stubborn inflation.
Social Security COLA estimate rises amid stubborn inflation.
$3 million may be paid to private student loan borrowers ignored by servicer – Here's who is impacted
A student loan servicer may be on the hook for ignoring borrowers' requests for payment reduction on loans held by the National Collegiate Student Loan Trusts following a CFPB enforcement action.
A student loan servicer may be on the hook for ignoring borrowers' requests for payment reduction on loans held by the National Collegiate Student Loan Trusts following a CFPB enforcement action.
More Americans to qualify for Social Security under new SNAP rule
The Social Security Administration has expanded the definition of a public assistance household to include SNAP recipients, broadening eligibility and potentially increasing benefits for more Americans.
The Social Security Administration has expanded the definition of a public assistance household to include SNAP recipients, broadening eligibility and potentially increasing benefits for more Americans.
Social Security fund gains extra year of solvency – benefits will begin to be reduced in 2035
Social Security trust funds will not run out of money until 2035, at which point Seniors can expect their benefits to be reduced by 17% unless Congress takes steps to shore up the program.
Social Security trust funds will not run out of money until 2035, at which point Seniors can expect their benefits to be reduced by 17% unless Congress takes steps to shore up the program.
There are now 550 US cities where the typical home value is $1 million or more
California and New York have the largest share of million-dollar homes, making up most of the 550 cities with high home values.
California and New York have the largest share of million-dollar homes, making up most of the 550 cities with high home values.
Mortgage rates push higher with no relief in sight: Freddie Mac
The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.
The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.
More homebuyers are paying discount points as interest rates continue to rise
Borrowers with lower credit scores and FHA loans often turn to discount points more frequently than other groups.
Borrowers with lower credit scores and FHA loans often turn to discount points more frequently than other groups.
The unemployment rate barely rose, but only 175,000 jobs were added in April
The unemployment rate barely budged, rising to 3.9% while just 175,000 jobs were added.
The unemployment rate barely budged, rising to 3.9% while just 175,000 jobs were added.
Americans paid slightly more for fuel this week as gas prices rose by a few cents, on average
Fuel costs didn't go up by much this week due to low oil prices and a lull in demand.
Fuel costs didn't go up by much this week due to low oil prices and a lull in demand.
What do higher-for-longer interest rates mean for your money?
Americans will be forced to adapt to a new normal where savers benefit from higher rates, but borrowers face steeper debt payments on everything from credit cards to mortgages to student loans.
Americans will be forced to adapt to a new normal where savers benefit from higher rates, but borrowers face steeper debt payments on everything from credit cards to mortgages to student loans.
Americans adjust retirement goals up 15 percent but savings drop: survey
U.S. adults believe they will need at least $1.46 million to retire in style, a Northwestern Mutual survey said.
U.S. adults believe they will need at least $1.46 million to retire in style, a Northwestern Mutual survey said.