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Money

News related to money, savings and the economy.

Mortgage rates dip further and could be the break homebuyers need: Freddie Mac

Mortgage rates dip further and could be the break homebuyers need: Freddie Mac

The average 30-year fixed-rate mortgage was 7.44% for the week ending Nov. 16, according to Freddie Mac's latest Primary Mortgage Market Survey.

November 17, 2023 9:02am PST
Venmo Groups will now help split expenses: ‘One of our most requested features’

Venmo Groups will now help split expenses: ‘One of our most requested features’

Venmo has the answer for the headache of splitting up the bill, whether you’re traveling in a group or all out to dinner.

November 15, 2023 7:47am PST
Record number of Americans moving to disaster prone areas

Record number of Americans moving to disaster prone areas

Despite recent natural disasters, places known for climate risk are becoming popular destinations for homeowners.

November 14, 2023 1:07pm PST
Credit card balances grow $48 billion in the third quarter: NY Fed

Credit card balances grow $48 billion in the third quarter: NY Fed

Credit card balances spiked by $154 billion year over year, notching the most significant increase since 1999, according to the New York Fed.

November 14, 2023 12:53pm PST
US consumer inflation eased in October, driven by cheaper gas, cars and airfares

US consumer inflation eased in October, driven by cheaper gas, cars and airfares

Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedeviled consumers for the past two years.

November 14, 2023 9:45am PST
Homebuying to remain slow through 2023: agent survey

Homebuying to remain slow through 2023: agent survey

High mortgage rates and home prices may keep homebuyers on the sidelines through 2023, a survey found. But you can still find the best mortgage rate by comparing your options.

November 13, 2023 10:37am PST
Alarming number of Americans fall deeper into credit card debt each month: survey

Alarming number of Americans fall deeper into credit card debt each month: survey

Americans owe more than $5,000 in credit card debt on average and in times of high inflation and rising interest rates, they are relying on credit cards more than ever before. But there are ways to pay off debt quickly.

November 13, 2023 10:26am PST
Retirement savings are getting sucked up in a financial vortex: Goldman Sachs

Retirement savings are getting sucked up in a financial vortex: Goldman Sachs

U.S. workers have upped their retirement savings, but competing spending continues to challenge most from reaching their goals, a recent Goldman Sachs Asset Management (GSAM) retirement report said.

November 10, 2023 12:48pm PST
Gas prices’ steady decline might gain momentum as holidays approach: AAA

Gas prices’ steady decline might gain momentum as holidays approach: AAA

Nationwide gas prices continue to fall as demand likely remains flat. The steady decline could accelerate following recent drops in the price of oil, according to AAA.

November 10, 2023 12:32pm PST
IRS sets new tax brackets, standard deduction for 2024

IRS sets new tax brackets, standard deduction for 2024

The IRS makes such adjustments annually, but in times of inflation, the increases are more significant and impactful for taxpayers.

November 10, 2023 4:49am PST
Rare Titanic first-class menu from ill-fated voyage heads to auction

Rare Titanic first-class menu from ill-fated voyage heads to auction

This historic menu, which dates back to the ill-fated ship's voyage from Queenstown to New York, features dishes like spring lamb and "squab à la godard."

November 8, 2023 10:53am PST
$2 bill could be worth thousands depending on age and condition

$2 bill could be worth thousands depending on age and condition

If you have a $2 bill lying around, this might be your lucky day.

November 7, 2023 2:55pm PST
Back-to-office mandates are pushing some Americans to sell homes at a loss

Back-to-office mandates are pushing some Americans to sell homes at a loss

Back-to-office mandates are pushing many home sellers to close quickly, Redfin reported. This could open up the market to many homebuyers amid low housing availability and high home prices. Here’s what you need to know.

November 6, 2023 2:00pm PST
Netflix raising prices again in December

Netflix raising prices again in December

Netflix members are getting emails about another price increase that will be implemented before the end of the year.

November 6, 2023 8:08am PST
Issue that caused deposit delays for some Bank of America customers, resolved, Fed says

Issue that caused deposit delays for some Bank of America customers, resolved, Fed says

Bank of America said account information remained secure and balances would be updated as soon as the deposits were received.

November 3, 2023 12:51pm PDT
California food prices could get even more expensive as fast food wages set to increase

California food prices could get even more expensive as fast food wages set to increase

Think the prices of groceries and fast food in California is getting expensive? Get ready to possibly pay even more as the state prepares to increase the minimum wage for fast food workers beginning next year.

November 1, 2023 3:56pm PDT
Homes in this California city sell faster than anywhere else in the state, study shows

Homes in this California city sell faster than anywhere else in the state, study shows

Only one California city made Redfin's list of fastest housing markets in the U.S.

November 1, 2023 7:52am PDT
A quarter of student loan borrowers said they'd boycott repayment

A quarter of student loan borrowers said they'd boycott repayment

25% of Americans said they’ll boycott student loan payments after the pause. But defaulting on student loans can be severe even with Biden’s student loan safety net programs.

October 31, 2023 12:11pm PDT
Legendary Laker Earvin ‘Magic’ Johnson is now a billionaire, Forbes reports

Legendary Laker Earvin ‘Magic’ Johnson is now a billionaire, Forbes reports

Earvin “Magic" Johnson is equally iconic in the world of business as he is in the world of sports.

October 31, 2023 5:58am PDT
Matthew Perry, 'Friends' cast earned millions from show's residuals each year

Matthew Perry, 'Friends' cast earned millions from show's residuals each year

A glimpse at how much the actor made in residuals from "Friends" is a testament to the sitcom's enduring popularity nearly 20 years after it ended.

October 31, 2023 4:10am PDT
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Trump gives fed workers off on Christmas Eve, December 26

Trump gives fed workers off on Christmas Eve, December 26

The 'Patriot Games': What we know about Trump's proposed high school athletic competition

The 'Patriot Games': What we know about Trump's proposed high school athletic competition

Missing Kentucky girl, who was abducted 40 years ago, found alive; Mom arrested in Florida, deputies say

Missing Kentucky girl, who was abducted 40 years ago, found alive; Mom arrested in Florida, deputies say

Trump signs executive order to reclassify marijuana as less dangerous drug

Trump signs executive order to reclassify marijuana as less dangerous drug

Fact Check Trump Presidential Address: Claims clash with administration’s own data

Fact Check Trump Presidential Address: Claims clash with administration’s own data

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17 members of Puente-13 gang arrested after federal takedown in LA

17 members of Puente-13 gang arrested after federal takedown in LA

New laws going into effect in California in 2026

New laws going into effect in California in 2026

Uber driver charged with raping unconscious woman in Camarillo

Uber driver charged with raping unconscious woman in Camarillo

LA Sheriff Deputies save two paragliders from drowning after crashing in Malibu

LA Sheriff Deputies save two paragliders from drowning after crashing in Malibu

15-year-old boys stabbed, robbed at Westfield Topanga mall

15-year-old boys stabbed, robbed at Westfield Topanga mall

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