Personal finance

US President Joe Biden speaks about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024.  Andrew Caballero-Reynolds | AFP | Getty Images The U.S. Department of Education says it will pause millions of student loan borrowers’ payments while it defends its relief plan against legal challenges. Borrowers enrolled in

Nadya Lukic | E+ | Getty Images Most Americans may not even remember the last time they wrote a check. Only 15% of adults said they wrote a few checks a month in 2023, according to a recent report by GoBankingRates. At the time of the late November survey, 46% of the more than 1,000

Republican presidential nominee and former U.S. President Donald Trump applauds on Day 2 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 16, 2024. Elizabeth Frantz | Reuters As former President Donald Trump secures the Republican presidential nomination, both political parties are eyeing Project 2025, a multi-pronged policy plan

In this article SCHW Follow your favorite stocksCREATE FREE ACCOUNT Pekic | E+ | Getty Images Amid a widespread global IT outage, some investors were experiencing disruptions on Friday at financial services companies, including Charles Schwab, one of the country’s largest brokerage firms. The issues stem from a faulty software update from cybersecurity company CrowdStrike,

Travelers wait in line at a Delta Airlines counter at Ronald Reagan National Airport in Arlington, Virginia, on July 19, 2024. Airlines around the world experienced disruption on an unprecedented scale after a widespread global computer outage grounded planes and created chaos at airports. Ting Shen/Bloomberg via Getty Images Major airlines like United, Delta and

Rohit Chopra, director of the Consumer Financial Protection Bureau, during a House Financial Services Committee hearing on June 13, 2024. Tierney L. Cross/Bloomberg via Getty Images The Consumer Financial Protection Bureau is cracking down on so-called paycheck advance programs, which have grown popular with workers in recent years. Such programs, also known as earned wage

The first presidential debate between U.S. President Joe Biden and former U.S. President and Republican presidential candidate Donald Trump is projected on a screen projector during a watch party hosted by the Michigan Conservative Coalition in Novi, Michigan, U.S., June 27, 2024.  Emily Elconin | Reuters With interest rate cuts from the Federal Reserve likely

President Joe Biden delivers remarks on new Administration efforts to cancel student debt and support borrowers at the White House on October 04, 2023 in Washington, DC. Kevin Dietsch | Getty Images A federal appeals court on Thursday issued an order temporarily halting the Biden administration from implementing its new student loan repayment plan, known

A server scooping ice cream at the Freddo Gelato Shop in Miami Beach, Florida. Jeff Greenberg | Universal Images Group | Getty Images Teen summer jobs are back. Last month, more than 5.7 million 16- to 19-year-olds participated in the labor market, Bureau of Labor Statistics data shows, marking the highest teen employment rate in

Recent signs that inflation is easing has paved the way for the Federal Reserve to start cutting interest rates as soon as this fall. The consumer price index, a key inflation gauge, dipped in June for the first time in more than four years, the Labor Department reported last week. “With abundant signs of a cooling economy, the

Trump’s pick for Vice President, U.S. Sen. J.D. Vance (R-OH) arrives on the first day of the Republican National Convention at the Fiserv Forum on July 15, 2024 in Milwaukee, Wisconsin.  Joe Raedle | Getty Images The clock is ticking to fix Social Security‘s funds. The next White House administration may have a powerful role

A delivery driver takes a break in the shade during high temperatures in Philadelphia on June 21, 2024. Joseph Lamberti/Bloomberg via Getty Images Many Americans think they’re insulated from the effects of global warming. But climate change is already having negative and broad impacts on household finances, according to experts. Just to give a few

Some workers are phoning it in, and it shows. After mostly trending up for years, workplace engagement has flatlined. Now, only one-third of full- and part-time employees are engaged in their work and workplace, while roughly 50% are not engaged — reflected in the evolution of “quiet quitting” — and the rest, another 16%, are

Republican presidential nominee and former U.S. President Donald Trump and Republican vice presidential nominee J.D. Vance applaud during Day 1 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 15, 2024.  Brian Snyder | Reuters Among the policy issues that Donald Trump and his newly chosen running mate Sen.

zimmytws | iStock | Getty Images The Social Security Administration is updating its online services. To make sure you can continue to access your account, the agency is urging you to log in, particularly if you created your online “my Social Security” account before Sept. 18, 2021. These account holders will soon have to transition

Oscar Wong | Moment | Getty Images Not every renter wanting to buy a home dreams of ditching their lease. Some wish to remain tenants even as they become landlords. The concept behind “rentvesting” is that an individual rents their primary residence in one city and then buys an investment property somewhere else that they

Republican presidential candidate former President Donald Trump speaks at a campaign rally, June 22, 2024, in Philadelphia. Trump is seeking to distance himself from a plan for a massive overhaul of the federal government drafted by some of his administration officials. Chris Szagola | AP As the presidential election heats up, both parties are talking

Ramon Montiel-García, 18, a graduate of KIPP Northeast Denver Leadership Academy in Colorado. Credit: Ramon Montiel-García Ramon Montiel-García, a newly minted high school graduate from KIPP Northeast Denver Leadership Academy in Colorado, was accepted to his first-choice school, Wheaton College in Massachusetts.  However, with a sticker price of nearly $80,000 per year, including tuition, fees, and

Internal Revenue Service Commissioner Danny Werfel testifies before the House Appropriations Committee on Capitol Hill in Washington, May 7, 2024. Kevin Dietsch | Getty Images News | Getty Images The U.S. Department of the Treasury and the IRS on Thursday announced what they called a “major milestone” of collecting more than $1 billion in tax

Alexandra Pavlova | Getty Images The Biden administration’s efforts on student loan forgiveness have repeatedly been met with legal challenges. The Supreme Court struck down President Joe Biden‘s first attempt at wide-scale forgiveness last summer. Now, its new income-driven repayment plan (the Saving on a Valuable Education plan known as SAVE) is partially suspended after