Fed to begin tapering its assets, economists say it will send interest rates higher

The Federal Reserve announced after its November meeting that it will begin tapering its economic stimulus. Here's what that could mean for interest rates.

Student loan forgiveness memo: Expert says Biden has authority to cancel student debt

The White House recently released a memo about canceling debt for federal student borrowers, but the text was heavily redacted. Here's what one expert thinks that means.

Holiday shoppers plan to spend more money in 2021 after 2 years of decline, TransUnion finds

Many consumers are planning on spending more money this holiday shopping season amid supply chain issues. Here's how consumer behavior may change the way you finance holiday expenses.

US consumer prices jumped 6.2% in past year, highest inflation rate since 1990

Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.

Biden administration begins notifying borrowers of student loan servicer changes

FSA began notifying borrowers of changes to their federal student loan repayment plans. Here's what you should know if your loan servicer is changing.

26 states file suits against Biden's vaccine mandate for big companies

At least 26 Republican-led states filed lawsuits challenging a COVID-19 vaccine mandate for employers issued by President Biden's administration.

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.

Biden admin considering vaccine mandate for businesses with fewer than 100 employees

The Occupational Safety and Health Administration (OSHA) is considering whether businesses with fewer than 100 employees should be subject to the same COVID-19 vaccine and testing mandate it is implementing on big businesses.

US mandates COVID-19 vaccines or tests for big companies by Jan. 4, 2022

U.S. regulators say Americans who work at companies with 100 or more employees will need to be vaccinated against COVID-19 by Jan. 4 or get tested weekly.