Biden administration announces a groundbreaking $4.9 billion discharge in student loan debt, bringing the total relief to an impressive $136.6 billion. Read more below

Jan 21, 2024 03:58 PM EST

Reminding us how difficult 2023 was, some of the most well-known midsized lenders in the country announced significant declines in profitability during the fourth quarter. The issue is that by 2024, not much improvement is anticipated.

Jan 19, 2024 11:10 AM EST

Bitcoin has experienced a decline to its lowest price since the US Securities and Exchange Commission (SEC) approved nearly a dozen exchange-traded funds (ETFs) holding the cryptocurrency last week.

Jan 19, 2024 10:01 AM EST

Dinners and parties at Davos have been dominated by talk about Donald Trump, with many attendees of the World Economic Forum considering the former president's possible candidacy for president again following his overwhelming victory in the Iowa vote.

Jan 19, 2024 09:24 AM EST

A short-term budget package that would keep federal agencies funded until March and prevent an impending partial government shutdown was delivered to President Joe Biden by Congress on Thursday.

Jan 19, 2024 07:10 AM EST

Thursday's dramatic increase in U.S. equities saw the S&P 500 close to all-time highs as advances in Nvidia and other chipmakers were fueled by confidence about artificial intelligence.

Jan 19, 2024 03:40 AM EST

The Banknote Ethics Initiative (BnEI) is a collective action initiative that was established in 2013 with the purpose of promoting ethical business practices in the banknote industry. It is specifically focused on combatting corruption and anti-competitive conduct. Companies involved in any aspect of banknote production can voluntarily become members of BnEI by formally adopting the BnEI Code of Ethical Business Practices.

Jan 18, 2024 11:11 PM EST

The beginning of a new year sometimes calls for implementing new routines or strategies to assist in achieving your financial objectives; for some social media users, this year is all about "loud budgeting." In early 2024, the word gained popularity on TikTok, where one video had received over 1.4 million views by of January 16.

Jan 18, 2024 09:34 AM EST

The Consumer Financial Protection Bureau and the Biden administration have collaborated to present a proposed regulation that would curb bank overdraft costs, perhaps bringing them down to $3.

Jan 18, 2024 06:20 AM EST

The national debt of the United States government just passed $34 trillion, setting a new high. But to what extent should you be concerned about the nation's borrowing?

Jan 18, 2024 01:30 AM EST

December saw an increase in American retail spending, capping up the Christmas shopping season and the year on a positive note and indicating that consumers are still feeling secure enough to continue spending money.

Jan 18, 2024 12:19 AM EST

PayPal is a well-liked option for online money transfers, whether you're purchasing for products and services or transferring money to loved ones. You may be wondering if it makes sense to transfer money using your credit card when making PayPal transactions, particularly when it comes to accruing reward points. We examine the benefits and drawbacks of using a credit card with PayPal as well as whether the substantial transaction costs may be justified by the incentives you receive.

Jan 17, 2024 01:50 PM EST

In an attempt to enact a stopgap budget bill in time for the rapidly approaching deadline at the end of the week, the Senate cleared its first obstacle on Tuesday night.

Jan 17, 2024 10:49 AM EST

A bipartisan plan to prolong company tax deductions and increase the child tax credit was unveiled on Tuesday in an attempt to win approval from Congress before the January 29 tax season kicks out.

Jan 17, 2024 07:36 AM EST

Tuesday's closing price of U.S. equities was lower due to pressure from banks on mixed results from Morgan Stanley and Goldman Sachs, as well as sell-offs in Apple and Boeing that affected the S&P 500.

Jan 17, 2024 12:14 AM EST