Inflation drops in December – will the Fed slow interest rate hikes in 2023?

Inflation eased in December, but interest rates are likely to increase a few more times in 2023. However, the rate of increase could slow, one Fed official says. Here's what it means for you.

Biden proposes new student loan repayment plan: Here’s how much borrowers will save

The Department of Education's new student loan repayment plan would offer $0 monthly payments for any individual borrower who makes less than roughly $30,600 annually and any borrower in a family of four who makes less than about $62,400.

FTX Trading bankruptcy: Customer, creditor information will remain concealed

The judge presiding over the bankruptcy of cryptocurrency exchange FTX Trading is allowing the company to maintain a veil of secrecy over the names of individual customers and creditors.

Credit card debt carried over monthly is most common type of debt: AARP

Credit card debt is affecting many Americans as they deal with high inflation, and many are carrying their balances from month-to-month. Here’s how to pay down credit card debt quickly.

Promotions, not job cuts, follow Southwest Airlines holiday chaos

Southwest announced five promotions to help with operations. The airline canceled thousands of flights in late December because of a winter storm.

Bed Bath & Beyond's list of store closings

California, New York, Florida, Pennsylvania and other states will see multiple Bed Bath & Beyond stores close.

Mortgage rates inch higher to kick off 2023: Freddie Mac

The average rate for a 30-year fixed-rate mortgage rose to 6.48% for the week ending Jan. 5, according to Freddie Mac's Primary Mortgage Market Survey.

Biden administration unveils defense of student loan forgiveness plan at Supreme Court

The Biden administration launched its defense of its student loan forgiveness plan before the Supreme Court. Here’s how to lower your student loan monthly payments.