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.

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.

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.

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.

Demand for used cars likely to grow as consumer seek affordability: Edmunds

Demand for more affordable cars is growing as high-interest rates and more expensive purchase prices are putting buying a new vehicle out of reach for many consumers, according to a recent Edmunds report.

These are California's newest lottery millionaires

California's latest round of new millionaires won a combined total of nearly $6 million, according to lottery officials.

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.

Housing market could tumble into a 'deep freeze' if US defaults on its debt

A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.

Fed's May interest rate hike could harm regional bank lending, mortgages, expert warns

The Federal Reserve's latest interest rate increase has been harmful to the balance sheets of small regional banks and has impacted their ability to lend, according to the National Association of Realtors.

Best California cities for budget-friendly homebuyers

Real estate experts said while home prices in these cities have increased, they're still considerably lower than the average home price in major cities like Los Angeles, where the average price there is over $900,000, according to Zillow.