CBO: Biden's student loan cancellation plan to cost $400B
The Biden administration previously estimated the plan would cost about $24 billion a year over the next 10 years.
The Biden administration previously estimated the plan would cost about $24 billion a year over the next 10 years.
Dick's Sporting Goods announces plans to hire up to 9,000 for holidays
A slew of companies have already announced their seasonal hiring plans.
A slew of companies have already announced their seasonal hiring plans.
New rule will reveal 'true cost' of airline tickets, White House says
President Joe Biden plans to announce a new initiative that would eventually allow consumers to see a more complete price on airline tickets before they buy them.
President Joe Biden plans to announce a new initiative that would eventually allow consumers to see a more complete price on airline tickets before they buy them.
4 of top 10 US cities with most expensive rent are in California
Nearly half of the top 10 cities in the U.S. where people are paying the most for rent are in the Golden State.
Nearly half of the top 10 cities in the U.S. where people are paying the most for rent are in the Golden State.
Gas prices rise sharply again
This is the 24th consecutive day gas prices have increased in both LA and Orange counties.
This is the 24th consecutive day gas prices have increased in both LA and Orange counties.
Butter shortage drives up prices ahead of holiday baking season
The average price of butter in August jumped 24.6% compared to a year ago, U.S. labor statistics show. Here’s what is driving the increase.
The average price of butter in August jumped 24.6% compared to a year ago, U.S. labor statistics show. Here’s what is driving the increase.
California gas prices increasing again
The national average price rose for the sixth consecutive day following a 98-streak of decreases, increasing 1.1 cents to $3.725. It is 4.8 cents more than one week ago, 14.4 cents less than one month ago, and 53.8 cents more than one year ago.
The national average price rose for the sixth consecutive day following a 98-streak of decreases, increasing 1.1 cents to $3.725. It is 4.8 cents more than one week ago, 14.4 cents less than one month ago, and 53.8 cents more than one year ago.
US housing recession could send home prices tumbling 20%, economist says
Home prices have already declined 5% from their May peak.
Home prices have already declined 5% from their May peak.
Fed hikes rate by three-quarters of a point in continued fight against inflation
The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.
The Fed’s move boosted its benchmark short-term rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level since early 2008.
Housing market cools due to inflation
Jeff Phillips, the president of the Southland Regional Association of Realtors, joins FOX 11 to discuss how inflation is impacting buyers and sellers in the housing market.
Jeff Phillips, the president of the Southland Regional Association of Realtors, joins FOX 11 to discuss how inflation is impacting buyers and sellers in the housing market.
Halloween spending to reach record $10.6B: NRF
Consumers are expected to dole out $2.9B on costumes alone, the NRF reported.
Consumers are expected to dole out $2.9B on costumes alone, the NRF reported.
Gallup: More than half of U.S. workers are ‘quiet quitting’
A poll shows that the workplace has gotten worse for younger employees, particularly those under 35 years old.
A poll shows that the workplace has gotten worse for younger employees, particularly those under 35 years old.
America's priciest home for sale
The NYC home is for sale for a whopping $250 million.
The NYC home is for sale for a whopping $250 million.
Here's how much more you'll pay to heat your home this winter
The average cost of heating a household this winter is set to increase by 17.2%, according to a forecast by the National Energy Assistance Directors Association.
The average cost of heating a household this winter is set to increase by 17.2%, according to a forecast by the National Energy Assistance Directors Association.
Paid your student loans during the pandemic? Here's how to get a refund
Borrowers who paid down their debt during a pandemic freeze that started in March 2020 can in fact get a refund — and then apply for forgiveness.
Borrowers who paid down their debt during a pandemic freeze that started in March 2020 can in fact get a refund — and then apply for forgiveness.
LA County gas prices continue to go back up
Prices in Los Angeles County have gone up for 16 straight days.
Prices in Los Angeles County have gone up for 16 straight days.
EXPLAINER: How the strong U.S. dollar can affect everyone
After rising again Friday, the dollar is near its highest level in more than two decades against a key index measuring six major currencies, including the euro and Japanese yen.
After rising again Friday, the dollar is near its highest level in more than two decades against a key index measuring six major currencies, including the euro and Japanese yen.
Biden administration moves closer to creating a digital dollar
The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar.
The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar.
Redfin predicts sharpest turn in housing market since 2008 crash
After two years of record high sales, data shows the housing market is starting to cool down.
After two years of record high sales, data shows the housing market is starting to cool down.
Typical monthly payment for a new vehicle hits record $743
The new-car market has been hit by the semiconductor shortage and supply chain disruptions for over a year, resulting in lower production and higher prices.
The new-car market has been hit by the semiconductor shortage and supply chain disruptions for over a year, resulting in lower production and higher prices.