New plan would cancel student loans for those with financial hardships

Student loan borrowers who face steep medical bills, child care costs and other types of financial hardship could see their student loan debt erased under a new proposal.

IRS announces higher standard deductions for 2025

The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from taxation.

Mortgage rates continue to climb despite cuts by the Fed: Here’s why

Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.

A closer look at how Trump's economic plan could impact inflation

Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.

Some Social Security recipients will get two payments in November. Here's why

Those who receive Supplemental Security Income (SSI) will receive an additional check in November due to how the payment schedule is lined up.

Some Pyrex buyers could be eligible for a refund from the FTC

Thousands of people who purchased Pyrex measuring cups may be eligible for refunds from the Federal Trade Commission (FTC).

Michigan's new minimum wage: How much rates will increase each year

The state released its full schedule for increases to the minimum wage through 2028. Here's how much it will rise over the next four years.