Biden admin cancels $39B in student loan debt for 800,000-plus borrowers
The administration says the new round of student loan forgiveness address “historical inaccuracies" in counting payments that qualify toward income-driven repayment plans.
The administration says the new round of student loan forgiveness address “historical inaccuracies" in counting payments that qualify toward income-driven repayment plans.
'SAVE' plan: What to know about Biden's alternate approach to cut student loan debt
Under the SAVE plan, the typical student loan borrower would save about $1,000 a month, the president said.
Under the SAVE plan, the typical student loan borrower would save about $1,000 a month, the president said.
Bank of America to pay $100M to customers over fees, opening accounts without consent
Are you a Bank of America customer? The bank has been ordered to pay $100 million to customers for several offenses, plus millions more in penalties.
Are you a Bank of America customer? The bank has been ordered to pay $100 million to customers for several offenses, plus millions more in penalties.
Target, Walmart announce back-to-school deals for teachers, students
Back-to-school deals are back for teachers and students.
Back-to-school deals are back for teachers and students.
Powerball jackpot grows to $650 million, 10th largest in history
No one took home Saturday's $631 million jackpot.
No one took home Saturday's $631 million jackpot.
US Postal Service raising stamp prices Sunday
The USPS requested mailing price hikes earlier this year, citing inflation.
The USPS requested mailing price hikes earlier this year, citing inflation.
Monthly mortgage payments reach record highs in US
The median monthly payment for home purchase loans jumped 14.1% in May to an all-time high $2,165.
The median monthly payment for home purchase loans jumped 14.1% in May to an all-time high $2,165.
How to save when planning a summer vacation
Traveling can be very expensive. You don't want to go into debt to go on a vacation. Local financial instructor Michael Masserant joins The Nine to give some tips on how to budget for your summer travels. Visit retirementplanningedu.org to learn more.
Traveling can be very expensive. You don't want to go into debt to go on a vacation. Local financial instructor Michael Masserant joins The Nine to give some tips on how to budget for your summer travels. Visit retirementplanningedu.org to learn more.
Walgreens expects to close 150 US stores, CFO says
The store closings are expected to happen by 2024 in a cost-saving effort by the company.
The store closings are expected to happen by 2024 in a cost-saving effort by the company.
High court's cancelation of student debt relief affecting 864k Michigan residents
The court struck down the debt relief plan last week, which would have forgiven about $400 billion in loans.
The court struck down the debt relief plan last week, which would have forgiven about $400 billion in loans.
The Interview: More interest rate hikes could be coming, local economist breaks it down
Oakland University economist Dr. Michael Greiner talks with FOX 2's Hilary Golston about what central banks across the globe can and can’t do to wrangle inflation, as Fed Chair Jerome Powell promises not to pivot anytime soon.
Oakland University economist Dr. Michael Greiner talks with FOX 2's Hilary Golston about what central banks across the globe can and can’t do to wrangle inflation, as Fed Chair Jerome Powell promises not to pivot anytime soon.
Biden offers alternative student debt relief plan following Supreme Court ruling
President Joe Biden is offering an alternative student debt plan designed to ease borrowers’ threat of default if they fall behind on their payments.
President Joe Biden is offering an alternative student debt plan designed to ease borrowers’ threat of default if they fall behind on their payments.
Student loan forgiveness struck down: Here's what that means for you
The Supreme Court has ruled the Biden administration overstepped its authority in trying to cancel or reduce student loan debt, effectively killing the $400 billion plan.
The Supreme Court has ruled the Biden administration overstepped its authority in trying to cancel or reduce student loan debt, effectively killing the $400 billion plan.
Free school breakfast & lunch, field trip funding, and more - What students get under new Michigan budget
A new Michigan budget approved by the state senate includes $19.4 billion for schools, money that will be used for free school breakfasts and lunches, expanding educational programs, and more.
A new Michigan budget approved by the state senate includes $19.4 billion for schools, money that will be used for free school breakfasts and lunches, expanding educational programs, and more.
'I fell into my chair': Iowa couple wins $2M Powerball prize after losing home in tornado
A tornado destroyed the couple's home in 2001, and it took several years for them to start to rebuild.
A tornado destroyed the couple's home in 2001, and it took several years for them to start to rebuild.
Cash App issue causes some to be double charged, company says
Cash App said it was notifying customers who were double charged the amount of their transaction and would refund anyone impacted by the issue.
Cash App said it was notifying customers who were double charged the amount of their transaction and would refund anyone impacted by the issue.
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.
Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.
Student loan repayments could slam big-name retailers this fall
Target and Nordstrom, especially, face a potential big hit when student loan payments resume this fall.
Target and Nordstrom, especially, face a potential big hit when student loan payments resume this fall.
Do you think you’re rich? Here’s what Americans say
What do you think is the dollar amount that most Americans said it takes to be considered wealthy?
What do you think is the dollar amount that most Americans said it takes to be considered wealthy?
Why Michigan auto insurance rates are going up this summer
This rate hike comes after some drivers saw their rates decrease after changes to Michigan's no-fault auto insurance were approved in 2019.
This rate hike comes after some drivers saw their rates decrease after changes to Michigan's no-fault auto insurance were approved in 2019.