Used car prices soar as demand for limited inventory grows, report says

Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.

Student loan payments will resume in October, Education Department confirms

Federal student loan payments are set to resume in October, while interest on loan debt will begin once again in September, the Education Department clarified.

These are the cities you can earn six figures in and still be broke

A new study found that in 16 of the 100 largest U.S. metros, a family of three earning a $100,000 annual income would spend more on the basics than what they earn. California cities made up half of the list.

What happens when you close a credit card?

Some aspects of a person's credit score will be affected immediately upon closing an account.

How much money you need to make to be 'middle class' in Michigan

SmartAsset looked at income data from the Census Bureau to determine the middle class income thresholds for the 100 largest U.S. cities, along with each state's threshold. Here's what you need to earn to be considered middle class in Michigan and Detroit.

More Americans taking 'side hustles' to make ends meet

In today's expensive world, many Americans are turning to side hustles to make ends meet. From pet-sitting to food delivery, people are taking on extra work to pay for unexpected expenses and to gain disposable income.

Americans pulled nearly $100B out of bank accounts as SVB, Signature Bank collapsed

During the closures of SVB and Signature Bank, Americans withdrew almost $100 billion from their bank accounts, according to seasonally adjusted data from the Federal Reserve.

Gas prices hold steady despite market turmoil: AAA

The national average cost for a gallon of gas held steady at $3.46, even as oil prices plunged to levels not seen since August 2021, AAA said.

Tax Season 2023: Here's how the Inflation Reduction Act might impact your refund this year

The IRS received nearly $80 billion in funding under the Inflation Reduction Act and said it has already hired more than 5,000 new telephone assistors and added more in-person staff to help taxpayers with filing this year.

Best place to retire? This state just beat Florida, according to a new study

WalletHub compared the 50 states across 47 key indicators of retirement-friendliness including affordability, health-related factors and overall quality of life.

IRS ends COVID-19 tax credits: Here's what you need to know before filing in 2023

Among the several pandemic tax credits returning to 2019 levels is the Child Tax Credit. Filers will get $1,600 less in credit for 2022 for each qualifying child under age 17.

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.

How Federal Reserve’s series of rate hikes could affect your finances

As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.

Nearly half of Americans expect to go into debt buying holiday gifts

Nearly half of Americans expect to go into debt during the holidays this year. Here’s how to pay down your holiday debt quickly.